CNN Scouring Country for Recession Signs


	CNN Scouring Country for Recession Signs

davboz

11-12-2007 11:47 AM

188 views

tags:

campaign, economic cycles, negativity, motives

davboz says:

The common man may be more rational than the CNN host.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color:#cc99cc;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/104089c8-a001-47b7-a430-f0ab0b9f82d2/8B2DA02B-B2DD-4883-8753-4FB4A2E8AD84/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790" href="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790" style="font-size: 11px;">www.businessandmedia.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790"><SPAN> </SPAN>The national economy continues its strong performance, but “Your $$$$$” co-hosts Ali Velshi and Christine Romans were looking hard for bad news.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790"><SPAN> </SPAN>In October, 166,000 jobs were added, <A target="_blank" href="http://www.reuters.com/article/businessNews/idUSN0145711220071102">twice the expected growth rate</A>. General growth as measured by the gross domestic product was estimated at a robust 3.9 percent for the most recent quarte</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790">That meant CNN didn’t find a national recession and had to look for trouble on the state level.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790"> Earlier in October, Velshi told viewers <A target="_blank" href="http://www.businessandmedia.org/articles/2007/20071018181509.aspx">“the bottom line is to most Americans, a recession is what it feels like to you.”</A></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790"> The CNN hosts also used gas prices in some states to suggest the possibility of a future recession.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790"> guest Anirvan Banerji from the <A target="_blank" href="http://www.businesscycle.com/home/">Economic Cycle Research Institute</A> assured viewers that there was nothing to fear. Still, Romans asked her guest if a recession was coming.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790"><SPAN> </SPAN>“Not yet. This is the Energizer bunny economy,” Banerji replied. “Look, people have been predicting recession for years … [and it] doesn’t happen</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessandmedia.org/articles/2007/20071105113812.aspx?rid=14611790">Romans did not give up</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/8B2DA02B-B2DD-4883-8753-4FB4A2E8AD84/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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