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View Full Version : LA times blames Clinton and Obama about the economy



Bob
03-02-2014, 09:21 PM
http://newsbusters.org/blogs/noel-sheppard/2008/02/27/la-times-owner-blames-us-economic-problems-clinton-obama

For years, NewsBusters and the Business and Media Institute have informed readers about how the press, since George W. Bush was first elected, have tried to create a self-fulfilling prophecy by misrepresenting economic data in as negative a way as possible.
This is likely the cause of the public's continued pessimism about economic conditions even as the economy has expanded for 25 consecutive quarters.
On Tuesday, in an interview on CNBC, Los Angeles Times and Chicago Tribune owner Sam Zell took this thinking a little further when he suggested to "Squawk Box" anchor Becky Quick that many of the economic problems facing the country today are caused by fear-mongering and politicking by Hillary Clinton and Barack Obama.

Peter1469
03-02-2014, 11:23 PM
http://newsbusters.org/blogs/noel-sheppard/2008/02/27/la-times-owner-blames-us-economic-problems-clinton-obama

For years, NewsBusters and the Business and Media Institute have informed readers about how the press, since George W. Bush was first elected, have tried to create a self-fulfilling prophecy by misrepresenting economic data in as negative a way as possible.
This is likely the cause of the public's continued pessimism about economic conditions even as the economy has expanded for 25 consecutive quarters.
On Tuesday, in an interview on CNBC, Los Angeles Times and Chicago Tribune owner Sam Zell took this thinking a little further when he suggested to "Squawk Box" anchor Becky Quick that many of the economic problems facing the country today are caused by fear-mongering and politicking by Hillary Clinton and Barack Obama.

There is something to that. They use economic policy for political reasons, and the results are predictable. They get away with it, because most Americans don't understand economics and they do understand government stuff that benefits them in the short term.

Larry Kudlow was discussing that very issue last night when I was driving home from the airport.

Common
03-03-2014, 05:33 AM
Sam Zell is not a newspaper reporter, he is a newspaper owner and he is a billionaire. Hes one of the new class of whining billionaires who think everyone picks on them. I take what he has to say with a grain of salt

Peter1469
03-03-2014, 08:58 AM
That is fine. I take most people's opinions with a grain of salt. :smiley:


Sam Zell is not a newspaper reporter, he is a newspaper owner and he is a billionaire. Hes one of the new class of whining billionaires who think everyone picks on them. I take what he has to say with a grain of salt

Cigar
03-03-2014, 09:00 AM
http://i295.photobucket.com/albums/mm136/furiataurina1010/whining/cry%20babies/01sally_girl_throw_tantrum_hg_clr1.gif#tantrum%20c ry%20baby%20gif

Mainecoons
03-03-2014, 09:33 AM
What good is a jobless expansion?