I will never forget, as long as I live, watching the news the day before Bill Clinton was elected and hearing about the crappy economy that was to blame for George Bush’s trouble in the polls, then seeing Jeff Greenfield the day after the election talking about the economic recovery that was underway. No talk of economic recovery prior to the election, when it might have made a difference in the vote — you know, when it might have actually informed the public about the true state of the economy. I remember thinking then that economic reporting could get no worse. I was wrong.
For several years now we have heard any good economic downplayed, while any slightly negative economic news has been magnified a thousand fold. Polls show that the public’s perception of the state of the economy differs greatly from the economic facts. There are dozens, if not hundreds, of examples that can be cited to support my claim of biased (and downright deceitful) economic reporting, but one of my favorites is from Meg Kreikemeier from early this year. Mary Katharine Ham noticed the amazing way economic reporting changes when Democrats are elected in coverage of “Black Friday.” Read it all.