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Keyword: journalism

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  • GDP numbers how economy recovering from pandemic, but expected to shrink for the year

    10/29/2020 7:41:05 AM PDT · by Oldeconomybuyer · 18 replies
    ABC "News" / Disney ^ | October 29, 2020 | By Catherine Thorbecke
    Two sets of data released Thursday by the government paint different pictures of an economy entrenched in the middle of the coronavirus crisis. Third-quarter GDP grew at a record 33.1% annualized rate, indicating the economy significantly clawed back losses over the past three months. The massive gains come as "efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19," the Commerce Department said. The explosive growth, however, comes on the heels of a record-setting drop in Q2 GDP. Economists warn that the fresh data should be looked at in context. "The rebound in Q3...
  • GDP rose at 33.1 percent annualized rate last quarter, but blowout figure is not what it seems

    10/29/2020 7:32:25 AM PDT · by Oldeconomybuyer · 35 replies
    NBC "News" / Comcast ^ | October 29, 2020 | By Martha C. White (D-NBC)
    Last quarter saw a record-high jump in economic growth: The government’s initial GDP calculation came in at 33.1 percent for the quarter on an annualized basis. While this is a remarkable turnaround from the plunge of 31.4 percent the economy registered in the second quarter, economists say the third-quarter blowout is less than it first appears. “The obvious caveat is that when you drop 30 percent and gain 30 percent, you’re still below where you started,” said Jon Burckett-St. Laurent, senior portfolio manager at Exencial Wealth Advisors. “It’s easier to get big growth rates when you're coming off a lower...
  • US economy grew at 33% rate in Q3 but recovery is incomplete

    10/29/2020 7:26:05 AM PDT · by Oldeconomybuyer · 14 replies
    The Associated Press ^ | October 29, 2020 | By MARTIN CRUTSINGER
    The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter - by far the largest quarterly gain on record - rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses and threw tens of millions out of work. Yet the recovery from the deepest recession since the Great Depression of the 1930s remains far from complete. The Commerce Department’s estimate Thursday of third-quarter growth regained only about two-thirds of the output that was lost early this year when the economy essentially froze as safety orders forced restaurants, bars and many...
  • So what if Biden is up in the polls? Weren't they wrong last time?

    10/29/2020 3:53:13 AM PDT · by Oldeconomybuyer · 27 replies
    Reuters ^ | October 29, 2020 | By Chris Kahn
    Whenever President Donald Trump is confronted with polls he does not like, especially the torrent of national data showing him trailing Democratic challenger Joe Biden in public support, the president’s response is usually the same: Fake news. If the polls were always right, his thinking goes, Hillary Clinton should be running for re-election, not him. The former Democratic presidential candidate consistently led Trump in state and national polls in 2016 before he won the White House, just like Biden does now. But opinion poll experts say there are good reasons to trust this year’s polls more than those of 2016....
  • Trump paints apocalyptic portrait of life in US under Biden

    10/29/2020 3:19:23 AM PDT · by Oldeconomybuyer · 9 replies
    The Associated Press ^ | October 29, 2020 | By DARLENE SUPERVILLE (D-AP)
    The suburbs wouldn’t be the suburbs anymore, the economy would sink into its worst depression ever and police departments would cease to exist. Even America’s older adults would be left to figure out how to get by without heat, air conditioning or electricity. This is the apocalyptic version of American life that President Donald Trump argues would be the dire consequence of turning over the White House to Democrat Joe Biden. “He’ll bury you in regulations, dismantle your police departments, dissolve our borders, confiscate your guns, terminate religious liberty, destroy your suburbs,” Trump said in one of many over-the-top pronouncements...
  • Blowout US economic growth in summer is already fading

    10/29/2020 2:09:59 AM PDT · by Oldeconomybuyer · 22 replies
    The Associated Press ^ | October 29, 2020 | By CHRISTOPHER RUGABER
    Americans may feel whiplashed by a report Thursday on the economy’s growth this summer, when an explosive rebound followed an epic collapse. The government will likely estimate that the economy grew faster on an annualized basis last quarter than in any such period since record-keeping began in 1947. Just be forewarned: The sizzling pace won’t last. The economy is weakening and facing renewed threats. Confirmed viral cases are surging. Hiring has sagged. Government stimulus has run out. And even last quarter’s outsize growth will leave the economy far below its level before the pandemic struck in March. “The strength of...
  • Former DHS official says he wrote ‘Anonymous’ Trump critique

    10/28/2020 1:37:58 PM PDT · by Oldeconomybuyer · 66 replies
    The Associated Press ^ | October 28, 2020 | By KEVIN FREKING and ZEKE MILLER
    A former Trump administration official who penned a scathing anti-Trump op-ed and book under the pen name “Anonymous” made his identify public Wednesday. Miles Taylor, a former chief of staff at the Department of Homeland Security says in a tweet: “Donald Trump is a man without character. It’s why I wrote ‘A Warning’ ... and it’s why me & my colleagues have spoken out against him (in our own names) for months. It’s time for everyone to step out of the shadows.” Taylor has been an outspoken critic of Trump’s in recent months, and he has a contributor contract on...
  • Hundreds of Trump supporters stuck in the cold for hours when buses can't reach Omaha rally

    10/28/2020 7:14:47 AM PDT · by Oldeconomybuyer · 56 replies
    The Washington Post via SF Gate ^ | October 28, 2020 | by Tim Elfrink, The Washington Post
    By the time President Donald Trump finished speaking to thousands of supporters at Omaha's Eppley Airfield on Tuesday night and jetted away on Air Force One, the temperature had plunged to nearly freezing. But as long lines of MAGA-clad attendees queued up for buses to take them to distant parking lots, it quickly became clear that something was wrong. The buses, the huge crowd soon learned, couldn't navigate the jammed airport roads. For hours, attendees - including many elderly Trump supporters - stood in the withering cold, as police scrambled to help the most at-risk get to warmth. The confusion...
  • How to spot voter intimidation and what to do

    10/27/2020 6:24:10 AM PDT · by Oldeconomybuyer · 21 replies
    ABC "News" / Disney ^ | October 27, 2020 | By Briana Stewart (D-ABC) and Abby Cruz (D-ABC)
    With the presidential election just days away, record voter turnout is being met with the specter of voter intimidation, leaving some Americans with fears of confrontation at the polls from now until Nov. 3. Civil rights advocates, election experts, and government officials have expressed heightened concerns following President Donald Trump's recent call for his supporters to "go into the polls and watch" for possible voting fraud, as well as his reelection campaign's recruitment and training what it has called an "army" of supporters to become poll watchers. And they are working hard to make sure Americans know their rights when...
  • Trump hates Biden's stretch-run strategy. Biden loves Trump's.

    10/26/2020 1:54:56 PM PDT · by Oldeconomybuyer · 65 replies
    NBC "News" / Comcast ^ | October 26, 2020 | By Jonathan Allen (D-NBC)
    Joe Biden is relying on Americans being sick of Donald Trump, a state of affairs which would make a butcher's block of red-meat rallies counterproductive for the president. WASHINGTON - - Democrats have a counterintuitive plan for the final week of the presidential campaign: more Donald Trump, less Joe Biden. As the president ramps up his barnstorming tour between now and next Tuesday's election, Biden's markedly lighter schedule looks like that of an incumbent congressman who has no opponent. The Democratic nominee took Monday off entirely, while Trump held rallies across Pennsylvania - in Allentown, Lancaster and Martinsburg. If Trump...
  • Under Trump, US no longer leads world on refugee protections

    10/26/2020 12:31:41 PM PDT · by Oldeconomybuyer · 72 replies
    The Associated Press ^ | October 26, 2020 | By ANITA SNOW (D) and JULIE WATSON (D)
    For decades, America led the world in humanitarian policies by creating a sanctuary for the oppressed, admitting more refugees annually than all other countries combined. That reputation eroded during Donald Trump’s presidency as he cut the number of refugees allowed in by more than 80%, and Canada replaced the U.S. as No. 1 for resettling people fleeing war and persecution. Trump has arguably changed the immigration system more than any U.S. president, thrilling supporters with an “America first” message and infuriating critics who call his signature domestic issue insular, xenophobic and even racist. The pain from a dismantling of the...
  • Trump charges into battleground states despite rising virus

    10/26/2020 12:26:30 PM PDT · by Oldeconomybuyer · 71 replies
    The Associated Press ^ | October 26, 2020 | By ZEKE MILLER (D), ALEXANDRA JAFFE (D) and KEVIN FREKING (D)
    LITITZ, Pa. - President Donald Trump embarked Monday on a final-week charge through nearly a dozen states ahead of the election, overlooking a surge of coronavirus cases in the U.S. and a fresh outbreak in his own White House. His Democratic rival, Joe Biden, is holding far fewer events in an effort to demonstrate that he’s taking the worsening pandemic seriously. The final days of the campaign are crystalizing the starkly different approaches Trump and Biden have taken to address the worst public health crisis in a century - with risks for each candidate. “It’s a choice between a Trump...
  • Sen. Kamala Harris calls Trump's attacks 'childish' on 'The View'

    10/26/2020 10:08:23 AM PDT · by Oldeconomybuyer · 39 replies
    ABC "News" / Disney ^ | October 26, 2020 | By Averi Harper
    Sen. Kamala Harris responded to attacks and slights she's endured from President Donald Trump, including mispronouncing her name and referring to her as a "female socialist," during an interview with ABC's "The View." "It's so predictable coming from him. I mean it's childish, it's name-calling on behalf of the president of the United States, and, again, the American people deserve so much more from their president," said Harris. "You know, look, the name-calling is not new to me -- it's not new to anybody who played on the playground as a child. But this is not the playground." Harris also...
  • Facebook, Google Pledged $700M to ‘Buy Off the Press’ Since 2018

    10/26/2020 8:10:46 AM PDT · by JV3MRC · 4 replies
    NewsBusters ^ | 10/26/2020 | Joseph Vazquez
    If the liberal media’s relative silence towards Facebook and Google’s Orwellian behavior this electoral cycle seemed deafening, perhaps it's because many outlets have received big loads of cash from them. A Washington Monthly report headlined “How Facebook and Google Buy Off the Press” said that by 2018, both Big Tech companies “were already among the largest funders of journalism in the world.” However, since then, both corporations “have gone on to promise a total of $700 million in funding for journalism, not counting other ‘undisclosed’ funds and in-kind contributions.” What makes this funding dubious, is that “[j]ust who is receiving...
  • NBC News Opinion: Trump's '60 Minutes' interview underscores America's ongoing manterrupter problem

    10/26/2020 2:58:34 AM PDT · by Oldeconomybuyer · 69 replies
    NBC "News" / Comcast ^ | October 26, 2020 | By Lynn Stuart Parramore, cultural historian
    The entitled male is hard to shut up. Recent displays of infuriating "manterrupting" illustrate how tough it can be to manage the problem. CBS News journalist Lesley Stahl, in her "60 Minutes" interview Sunday with President Donald Trump, was interrupted, talked over, instructed and lectured about how to speak. Despite - or perhaps because of - her unrattled persistence, Trump finally cut her off completely and walked out of the interview early. As every woman who has sat seething through a meeting knows, "manterrupting" is real. Social science studies suggest that men interrupt women 33 percent more than they interrupt...
  • How Woodrow Wilson’s Propaganda Machine Changed American Journalism

    10/24/2020 6:59:54 AM PDT · by george76 · 32 replies
    Smithsonian Magazine ^ | APRIL 28, 2017 | Christopher B. Daly
    The media are still feeling the impact of an executive order signed in 1917 that created ‘the nation’s first ministry of information’.. When the United States declared war on Germany 100 years ago, the impact on the news business was swift and dramatic. In its crusade to “make the world safe for democracy,” the Wilson administration took immediate steps at home to curtail one of the pillars of democracy – press freedom – by implementing a plan to control, manipulate and censor all news coverage, on a scale never seen in U.S. history. Following the lead of the Germans and...
  • Trump claims wind energy "kills all the birds." Cats and windows are actually much more to blame.

    10/23/2020 12:00:03 PM PDT · by Oldeconomybuyer · 79 replies
    CBS "News" ^ | October 23, 2020 | BY SOPHIE LEWIS
    Cats, glass windows and vehicles: These pose the biggest threats to birds in the United States. But President Donald Trump is continuing to falsely claim that wind turbines are to blame for the deaths of the nation's birds. During Thursday night's final presidential debate between the president and former Vice President Joe Biden, Mr. Trump reiterated his stance against wind energy with a peculiar claim: It "kills all the birds." "I know more about wind than you do," Mr. Trump told Biden when moderator Kristen Welker turned to the topic of climate change. "It's extremely expensive. Kills all the birds....
  • Trump commits to familiar playbook to define Biden in tamer final debate: ANALYSIS

    10/23/2020 4:14:03 AM PDT · by Oldeconomybuyer · 19 replies
    ABC "News" / Disney ^ | October 22, 2020 | By Rick Klein (D-ABC)
    President Donald Trump knows the playbook, in part, because he basically wrote it: A flurry of stories, a stunt designed to rattle his opponent and an attempt to define his opponent based on family connections and dark allegations. Trump stepped into the relatively calm conversation at Thursday night's presidential debate with a series of attacks on Joe Biden and his family, in what may be seen as a last-ditch attempt to turn around a campaign that's shaping up as a referendum on Trump's presidency. "I don't make money from China, you do. I don't make money from Ukraine, you do,"...
  • Inside the campaign to 'pizzagate' Hunter Biden

    10/23/2020 3:31:36 AM PDT · by Oldeconomybuyer · 29 replies
    NBC "News" / Comcast ^ | October 22, 2020 | By Ben Collins and Brandy Zadrozny
    Some of the same people who pushed a false conspiracy theory about Hillary Clinton that first emerged in 2016 are now targeting Hunter Biden, Joe Biden's son, with similar falsehoods. Their online posts are garnering astronomical numbers of shares on social media. The fantastical rumors, which NBC News is declining to repeat verbatim, echo specific plot points central to "pizzagate," a viral disinformation campaign that predates QAnon but also falsely alleges a vast conspiracy of child abuse. The disinformation campaign appears to have been successful in its goal of generating a smear against the former vice president's son. According to...
  • AP Road Trip: In Mississippi, Black voters face many hurdles

    10/22/2020 3:52:17 AM PDT · by Oldeconomybuyer · 28 replies
    The Associated Press ^ | October 22, 2020 | By TIM SULLIVAN
    Meridian, Miss. - The old civil rights worker was sure the struggle would be over by now. He’d fought so hard back in the ’60s. He’d seen the wreckage of burned churches, and the injuries of people who had been beaten. He’d seen men in white hoods. At its worst, he’d mourned three young men who were fighting for Black Mississippians to gain the right to vote, and who were kidnapped and executed on a country road just north of here. But Charles Johnson, sitting inside the neat brick church in Meridian where he’s been pastor for over 60 years,...