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Tuesday, July 16, 2019
MRC Won't Credit Obama For Bulk of Economic Recovery
Topic: Media Research Center

Joseph Valle complained in a July 2 Media Research Center post:

The U.S. officially entered its longest economic expansion ever July 1, boasting 121 straight months without a recession beginning in June 2009. This broke the previous record stretching from March 1991 to March 2001.

MarketWatch reporter Jeffry Bartash cheered the U.S.’s entrance into its “record-shattering 11th year of expansion.” He described how “stocks have enjoyed a bullish run-up” from the strong economy, and noted that the S&P 500 Index, the Dow Jones Industrial Average, and the Nasdaq Composite Index have all gained by more than 200 percent “since the start of June 2009.”

And yet, the three broadcast evening news shows found no reason to celebrate the good economic news. In fact, ABC’s World News Tonight, CBS Evening News, and NBC Nightly News provided exactly zero coverage on the record-breaking streak of growth. Their Spanish-language counterparts, at Univision and Telemundo, also chose to ignore the blockbuster news.

The nation's top broadcast networks did release each of their own articles online acknowledging the economic expansion, but they twisted it to make it sound bad for consumers.

Though he doesn't mention President Trump, Valle's implication is that Trump should be given all the credit for the expansion. But he also doesn't mention the name of the man who was president during the first 7 1/2 years of the expansion: Barack Obama, a Democrat.

That seems important -- but not to the MRC.

Posted by Terry K. at 9:36 PM EDT

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