Some Common Sense on the Midway Plane Crash NEWSBUSTERS In Broadcast Television
I have just watched the orgy of press coverage on the Southwest plane that ran off the runway and into the street from Midway Airport in Chicago, last night. Despite the fact that the investigators said repeatedly that they would "get all the facts" and "review all possible causes to rule them in, or out," reporters persisted in questions demanding that the investigators guess about the cause of the accident.
When the experts could not be bullied or tricked into guessing about the cause of this accident, the press jumped into the breach of irresponsibility, with both feet. On Fox, CNN and MSNBC, there was speculation that "the plane never should have landed in that weather at that time." The same speculation sprouted up in the print media as well, per Google News. The press have even played clips or used quotes from ordinary citizens who raised this precise question.
Business Week Writers Analyze "Galloping" Growth Without Mentioning Tax Cuts
In Other MSNBC
How does one analyze the economy's performance without considering tax policy?
In a column posted on the afternoon of December 8 at MSNBC's web site, James C. Cooper and Kathleen Madigan of Business Week Online devote over 1,100 words to analyzing and explaining the current strong economy, and fail to cite the 2003 Bush tax cuts as a possible contributing factor. In fact, the words "tax," "Bush," and even "government," do not appear at all!
Cooper's and Madigan's explanations center around spending:
So why has the economy performed above expectations amid unexpected developments? The main explanation seems to be that, despite the Fed's desire to tighten monetary conditions, consumers and businesses, on average, still have access to cash, whether through cheap borrowing, better income and profit growth, or rising housing and stock market wealth. Accommodative financial conditions are proving to be the economy's Peyton Manning, quarterbacking the steady forward movement in demand. |