CNN Breaks Mold And TELLS THE TRUTH About CBO Report

[Segami]

It is a forgone conclusion that Fox News would misrepresent the latest CBO report. Sadly even Chuck Todd at MSNBC was less than clear in interpreting the report. He was more concerned with how it would be interpreted. He should have been more concerned with his free press journalistic duty. Inform the population objectively.





That tweet gives a false impression. Coming from a "journalist" it does more to confuse than to inform. It must be repeated. For the most part, one should get information from reputable blogs and websites. The traditional media is useless for fact-based and accurate information.


CNN’s Carol Costello got it right in her report this week. The CBO Report said the following:

The estimated reduction stems almost entirely from a net decline in the amount of labor that workers choose to supply, rather than from a net drop in businesses’ demand for labor, so it will appear almost entirely as a reduction in labor force participation and in hours worked relative to what would have occurred otherwise rather than as an increase in unemployment (that is, more workers seeking but not finding jobs) or underemploy­ment (such as part-time workers who would prefer to work more hours per week).

While others hyperventilated, in this instance, CNN’s Carol Costello reported. When the traditional media gets it right, we should let them know to encourage them to do the right thing.



http://www.dailykos.com/story/2014/02/06/1275624/-CNN-breaks-mold-and-tells-truth-about-CBO-report-this-time