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May 14, 2008
Vol. 4 No. 19
Top Story
Media Make Economic Storms Out of Silver Linings
The American news media declared the U.S. economy in “free fall” as it slowed in March of 2008. But much economic data hasn’t supported that negative view. Recently journalists have wrung the negatives out of stronger-than-expected numbers for retail sales, consumer spending and economic growth, as well as lower-than-anticipated job losses. Despite some economists downgrading recession forecasts the media keep seeing the dark clouds.

Drill the Wasteland, Not the Consumers
Media's 'green is good' philosophy strangles our energy policy.

The Good the Bad & the Ugly
G: NBC meteorologist: cooler waters, not global warming, behind tornadoes
B: ABC’s newest housing bad guy: the builder
U: NY Times past-plagiarizing reporter disparages salmon industry
 

Episode 118: All About the Numbers


Check out the Biz Flog archive here!
 
You can also check out BMI’s new editorial cartoon: Bottom Lines by Glenn Foden.

Research and Commentary Links
John R. Lott, Jr.: High Gas Prices are Not Something New
Fox News

The Economic Costs of the Lieberman-Warner Climate Change Legislation
The Heritage Foundation

U.S. Economy: Retail Sales Advance in April, Excluding Autos
Bloomberg

Congress Should Not Tamper with the Strategic Petroleum Reserve
The Heritage Foundation

Upcoming Events

Off-Label Uses of Approved Drugs: Medicine, Law, and Policy
American Enterprise Institute
Washington, D.C., May 21, 2008

Relief from Gridlock: Surface Transportation Reauthorization in 2009
The Cato Institute
Washington D.C., May 27, 2008

Upstream: The Ascendance of American Conservatism – with Al Regnery
Pacific Research Institute
San Francisco, C.A., June, 2 2008
 

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