Free Markets, Free People
When It Comes To Covering Obama, The Media Stinks
They’re worse than a star-struck 16 year old girl screaming her lungs out on a rope line when it comes to Barack Obama. From Chris Matthews “thrill up my leg” to Newsweek editor Evan Thomas’s “he’s sort of God”, they’ve been so deep in the tank they’d have to undergo decompression to surface.
Some within the “journalistic community” are beginning to notice. Phil Bronstein points out “according to a new Pew Research Center poll, we are behaving…like fans”
It has been pathetic.
A recent and ongoing example of this continuing problem is the fictitious job “created and saved” claims the president has been making recently.
Any grade-school science student knows that non-falsifiable claims have no validity. Period. There is no metric through which “saved” jobs can be measured. None.
I mean, even a Democratic politician has figured it out:
The administration is playing a shell game with its “saved or created” job claims. Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee, said as much to the tax-challenged Timothy Geithner at a March hearing.
“You created a situation where you cannot be wrong,” Baucus told Geithner. “If the economy loses 2 million jobs over the next few years, you can say yes, but it would’ve lost 5.5 million jobs.”
So how has the media handled this? By faithfully parroting the numbers with absolutely no scrutiny. They report these non-falsifiable numbers as having validity. With 9.4% unemployment, the highest in 25 years, Obama’s 150,000 “saved or created” jobs sailed through the media without challenge.
The Wall Street Journal is one of the few media outlets that is questioning the validity of the president’s numbers. And it also points out the obvious over and above that:
It’s true that almost any government spending will create some jobs and save others. But as Milton Friedman once pointed out, that doesn’t tell you much: The government, after all, can create jobs by hiring people to dig holes and fill them in.
The Journal quotes Tony Fratto, a former official of the Bush administration, about the MIA MSM:
“You would think that any self-respecting White House press corps would show some of the same skepticism toward President Obama’s jobs claims that they did toward President Bush’s tax cuts,” says Mr. Fratto. “But I’m still waiting.”
Well, don’t hold your breath Mr. Fratto – I certainly don’t think we’re going to see the decompression chamber in use any time soon.
IBD clues us in on some other numbers floating around out there:
Monday’s announcement of a new and improved stimulus is just old wine in new bottles. In the first 100 days of the stimulus, some $44 billion was spent as jobs continued to hemorrhage. Now we’re asked to do more of the same and expect different results.
Obama’s 600,000 figure includes 125,000 temporary summer youth jobs and is based on economic projections, not an actual count. The only thing you can accurately count is the number of Americans working — and that’s going down fast.
You can just imagine how this will be reported. My guess is just as the White House press release frames it.