“The U.S. economy shrinks, but it’s not a big deal.”
Did you see that headline at CNN Money? The publication reported that recently revised numbers from the federal government show the economy shrank during the first quarter, marking the first decline in economic growth in about 3 years. The story then quoted an economist who believes the downturn was brought about by the harsh winter weather and that Q2 should show a sharp uptick, while noting that job growth and sales of durable goods look strong.
The data points listed in the news article were all accurate. But they were also arranged in such a fashion, intentionally or not, that they were consistent with how the Obama Administration would want things presented. The article was also devoid of information that President Obama and his administration would prefer to ignore – things like the fact that CEO confidence has plummeted, and that other economists (besides the one that was quoted) believe that low interest rates are hurting the economy.
I’m sure there was no intended harm here. Acceptance of the Obama Administration’s agendas and assertions is so enmeshed in the culture of journalism that most practitioners, I suspect, have no idea how partisan and absurd their work often appears.
But when the data says that the economy just shrunk, millions of us middle class Americans who reside in “fly over country” tend to take that seriously (whether or not it was “caused” by the weather). For people like me, it’s a “parallel universes” experience when a journalist in New York City looks at facts like these and then tells us that it’s “not a big deal.”
The disconnect between the dominant forces of the American news media and the objective realities of our world have perhaps never been greater than during the era of President Obama. The unwillingness (or inability) among news reporters to either contextualize or to question the Administration’s actions has done our nation a great disservice.
And here’s another reality that seemingly hasn’t engendered the slightest bit of curiosity from the world of journalism: President Obama’s foreign policy in the Middle East and with Israel has defied the wisdom of every one of his previous ten predecessors for more than a half-century.
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.