US Wages, Productivity and Media Concern
This entry was posted on 9/6/2006 9:22 PM and is filed under US Economy,Media Bias.
John Wixted at
Back Talk has published
The Wages and Productivity Hoax. The press, it seems, is all over poor dumb theocratic G. W. Bush and how he has managed to boost the US economy's productivity and still screw the little guy. Must be true... the New York Times says so, so help them Jason Blair. Not so fast. the Wixted article points out...
"The upshot is that ever since the American economy has been influenced by globalization, the phenomenon that reporters are fretting about today (namely, the "odd" and "depressing" and "mysterious" disconnect between wages and productivity) has been in effect. But they don't seem to have the slightest clue about that. After all, their job is not to present you with the facts; it is to make you depressed about Bush's handling of the economy. And recent polls show that they are very good at their job."
This is an excellent scan, better read.
