Liberal Media Skip Study That Found Stimulus ‘Forestalled or Destroyed’ A Million Private-Sector Jobs
On the front page of Wednesday’s Investor’s Business Daily, reporter David Hogberg reported that a new study found President Obama’s “stimulus” plan “may have destroyed or forestalled employment, including more than 1 million private-sector jobs.” Destroyed or forestalled? Our media only cites studies which shows jobs Team Obama “saved or created.” Economists Timothy Conley of the University of Western Ontario and Bill Dupor of Ohio State University showed the “stimulus” saved 443,000 government jobs, but caused a net loss of more than a million jobs. This is one of those studies only Fox News noticed. But on CNN’s American Morning on Thursday, a Time magazine editor was still calling for more “investment” in infrastructure: KIRAN CHETRY: I remember when we were talking about the stimulus, obviously, that's become a dirty word because of our debt and our deficit and all of that. We were talking about that which would help in the short-term but eventually lead to long-term success. What happened to all of the infrastructure projects? Things we were talking about to get people working again but also improve the country. RANA FOROOHAR, TIME MAGAZINE: I think what happened is politics. We have an incredibly co contentious environment in Washington. There is a continuous growth as Fareed [Zakaria]
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on May 20, 2011. Filed under