By: Roger Aronoff
Accuracy in Media
With as many lies and distortions that proceed from this scandal-plagued administration, one might think that mainstream reporters would turn a skeptical eye toward another one of President Obama’s carefully crafted narratives. Each narrative is designed to push “progressive” policies or to cover up administration mismanagement. But our corrupt media reflexively cheer whenever the leftist agendas for amnesty, Obamacare, climate change, and economic regulation are mentioned. Add to the list of official narratives the hyped state of the economy, the successes of which cannot fail to be championed because they reflect on the viability of the current President’s policies.
Yet President Obama’s claims about how his administration’s efforts have boosted the economy, or that the economy is actually improving, are based on cherry-picked data.
“At this moment when our economy is growing and creating jobs, we’ve got to work twice as hard, especially in Washington, to build on our momentum,” claimed President Obama in his recent economic report, according to The New York Times. He continued, “And I will not let politics or partisanship roll back the progress we’ve achieved on so many fronts.”
Back in January, the labor force participation rate was the lowest since 1978. It has since increased by a mere 0.2%. And while hiring may be up, wages remain stagnant.
What type of progress, exactly, is the President citing? His entitlement and regulatory policies, such as Obamacare and proposed EPA regulations, shackle American economic ingenuity with an ever-increasing burden.
“Right now, as many as 30 million Americans are either out of work or severely underemployed,” wrote Gallup President Jim Clifton in, “The Big Lie: 5.6% Unemployment.” “Trust me, the vast majority of them aren’t throwing parties to toast ‘falling’ unemployment.”
“Our concern with our analysts is that [the unemployment statistic is] very, very misleading because what America really wants are full-time jobs. … The percent of full-time jobs in this country, to the population, is the worst it’s been in thirty years,” Clifton said on CNBC. He connected this to the middle class crisis.
Mortimer Zuckerman, of The Wall Street Journal has argued that the President’s signature health care legislation depresses full-time hiring. “Many employers cut workers’ hours to avoid the Affordable Care Act’s mandate to provide health insurance to anyone working 30 hours a week or more,” wrote Zuckerman last July. “The unintended consequence of President Obama’s ‘signature legislation?’ Fewer full-time workers.”
But President Obama, his administration, and the media are on a full-blown public relations campaign to promote “middle class economics,” with more government as the answer.
“In a letter to Congress with the report, Mr. Obama called on lawmakers to approve his economic agenda of expanded tax breaks for the middle class and increased spending on initiatives such as early childhood education,” reported The Washington Times. “The president also wants to raise several hundred billion dollars through tax increases on mostly wealthier families.”
“The [recent economic] report…also contained a fair dollop of wishful thinking—or what some might call the administration’s own ‘dynamic scoring,’” observed Neil King Jr. for The Wall Street Journal.
President Obama has tied his favorite policies to theoretical economic gains which may, or may not occur.