CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Bill who wrote (13102)	4/6/2004 12:14:23 PM
From: Lizzie Tudor	Read Replies (1) of 17683

the WSJ and CNBC have become something of a mouthpiece for republican fiscal policy so I doubt that their polling for the misery index was a valid sample (if they really did take a poll). Maybe the WSJ was always like this wrt republicans, I only started reading it in the 90s. But for example lately with these obviously overstated GDP numbers and declining employment, all we heard from the WSJ was that employment was the statistical anomaly, not the GDP, when in fact most folks I know said the bad employment numbers were accurate and GDP seemed pumped up. Even the bond market didn't believe the GDP. Finally, after a few mos, Goldman does some research and discovers that offshore outsourcing is grossly overstated in the US GDP (the budget office said offshore outsourcing was a few hundred million while tata, wipro and others claim to be doing billions in contracts with north america)... quite an enlightening story and it gets picked up by BUSINESS WEEK, not the WSJ. I'm sick of this Bush bias in the financial papers, Bush is the worst fiscal president we have ever had (he calls himself a republican but really isn't)

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