Good Economic News is No News to the MSM

Remember the screaming headlines from last Friday? "Big Drop in Dow!" What happened on Monday to those headlines when the market recovered and even exceeded what was lost on Friday?
A pronounced example of how bad news is news and good news is much less newsworthy: On Friday night, ABC and NBC teased full stories on the 281 point plunge that day in the Dow Jones average, but on Monday, after the Dow rebounded by five points greater than Friday's loss in the biggest one- day gain in five years, the networks limited coverage to a few seconds.
What is it about good economic news that causes the MSM to bend over backward to ignore?

1. Bush hatred? Check.

2. Better economy than Clinton's? Check.

3. Keep the voter uninformed? Check.

4. Hope things get worse? Double check.

If it wasn't so pathetically transparent, it would be amusing.

Hat Tip: Ed Lasky
Remember the screaming headlines from last Friday? "Big Drop in Dow!" What happened on Monday to those headlines when the market recovered and even exceeded what was lost on Friday?
A pronounced example of how bad news is news and good news is much less newsworthy: On Friday night, ABC and NBC teased full stories on the 281 point plunge that day in the Dow Jones average, but on Monday, after the Dow rebounded by five points greater than Friday's loss in the biggest one- day gain in five years, the networks limited coverage to a few seconds.
What is it about good economic news that causes the MSM to bend over backward to ignore?

1. Bush hatred? Check.

2. Better economy than Clinton's? Check.

3. Keep the voter uninformed? Check.

4. Hope things get worse? Double check.

If it wasn't so pathetically transparent, it would be amusing.

Hat Tip: Ed Lasky