For political purposes, it is undoubtedly advantageous to imply that the “opportunity” progressives favored the market more than the “redistributionist progressives,” but it is not true.
Why media fall for sports industry's bogus economic claims
With Super Bowl Sunday approaching, expect plenty of media reports on the projected economic windfall for host city Glendale, Arizona. Last year, when the NFL announced that its big game would provide a $600 million boost to the New York/New Jersey economy, that figure promptly became a fixture in news coverage of the event (CNN, 1/24/14; Newsday, 1/22/14; FoxNews.com, 5/21/14). In one typical article, the New York Daily News (1/20/14) reported that city business owners were scurrying to grab a piece of the Super Bowl pie, quoting a local limo-service owner: “Nothing comes close to this. Everyone in New York […]
This week on CounterSpin: In the past few years as some economic indicators have suggested a recovery is under way, US media have generally responded with celebratory reporting. But according to polls, Americans aren’t so sure. According to a recent NBC poll just 18 percent say the economy is excellent or good. How can we best understand an economy that seems to be serving some but slighting others?
Today we’ll feature a special extended interview with economic professor Richard Wolff on how to reconcile mixed messages about the health of the economy.
Networks Skip Controversial Trade Deal
The proposed Trans-Pacific Partnership (TPP) trade deal has drawn heavy criticism. Over 500 labor, environmental and farm groups oppose granting the White House “fast track” authority to speed the pact through Congress. The deal, still being negotiated in secret, has spawned protests around the world.
But there’s one thing that TPP hasn’t generated: news. Let’s try to change that.