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Wednesday, March 02, 2005

GDP Report: Did you see it?

Larry Kudlow's latest piece discusses the selective story placement of the NY Times. When the January GDP report was weaker-than-expected in Late January, it received a spot on the front page of the Saturday business section.

One month later, however, the GDP report came in at a revised 3.8%, stronger than expected. The story should have been front page news, right? Come on, this is the NY Times. As Kudlow notes,
However, you would have had to look really hard in last Saturday’s New York Times to find the upbeat economic story. Rather than on the front page of business section, the optimistic report was buried on page B4. Instead of a senior reporter’s byline, the story relegated to page B4 was unsigned Reuter’s News Service copy.
Why wouldn't the newspaper want to report the positive economic news? Kudlow continues,

Could it be that the so-called newspaper of record is not being entirely honest about the merits of Bush economic policy that have led to strong economic performance?

Or is the collective psyche of the so-called newspaper of record suffering from a large dose of angst at the thought that Bush may be just as right on the economy as he has been on the spread of freedom and democracy in the Middle East?

The mainstream media and their conventional thinking punditocracy allies are heavily invested in Mr. Bush's failure. Ohmigosh, what if he's right?