Larry Kudlow speaks my language. One of the brightest lights on television (CNBC), a conservative money-man, fiscally and economically conservative, pro-Bush, pro-Iraq war, and with the tenacity to find and talk about outrageous liberal media bias as I do.
Larry thinks they have it bad down there. It’s ubiquitous here. I see what he writes about here daily. Conservatives in Canada like me are buried in this stuff. Canadians lap it up though. It’s as if (and I hate to borrow a Hollywood line but it fits) Canadians don’t want the truth. They can’t handle the truth. If it speaks well of George W. Bush or that of a conservative’s idea there or here in Canada, it goes against their indoctrinated liberal-left grain and so the media either don’t report it, they give it short shrift complete with a threefold “balance” of liberal “expert” retorts (nearly always university professors or NDP pundits, so you KNOW it’s going to be happily near-Marxist), or they bury it on page K9 of the paper.
Note it’s my bolding in this snippet of his latest Townhall.com column.
When the weaker-than-expected preliminary report on gross domestic product was first published in late January, the New York Times featured a story about it on the front page of its Saturday morning business section. The author was left-of-center Louis Uchitelle, a reporter who groused in his story about soft business investment (outside of computers and software) as well as weak export sales to foreign countries.
A month later, however, we have the revision of the GDP report for the last three months of 2004. The new data show a much stronger economy.
The initial estimate of 3.1 percent GDP growth for last year’s fourth quarter was revised upward to 3.8 percent. Business investment was revised higher to 18 percent from 14.9 percent. Included in this, the rise in non-high-tech business investment outstripped high-tech investment (by 15.2 percent to 13.7 percent, both at annual rates) for the first time since 1994. Private-sector domestic output—what Economics 101 students might remember as consumption plus investment (or C+I)—came in at an outsized 5.5 percent growth.
So what did the New York Times do with this upbeat economic story? It buried it. Rather than place the news on the front page of the business section, the Times editors shoved it on page B4. Instead of carrying a senior reporter’s byline, the copy came from Reuters News Service.
PTBC was founded by Mr. Johannesen in 2000.
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