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The Emperor's Still Wearing Clothes

Reported by Melanie - January 13, 2005

Several "leading economic indicators" were released today (January 13, 2005). The picture painted by the numbers (New York Times) isn't very good at all.

With these important economic reports on the table, here is how the "number one business show on the planet," Your World w/Neil Cavuto, reported the information:

At 4:35 p.m. ET, (35 minutes into the show), during a round table discussion about Walmart, a banner popped up at the bottom of the screen. It read: "Jobless claims rose by 10,000 last week." Jobless claims are at a three-month high, though you'd never know it if you watched this show.

Another banner followed: "US import prices fell by 1.3% in December." Is this good or bad? What does this number mean? Fox's viewers weren't told.

And then finally, this banner: "Crude oil hits 5-week high on supply worries."

COMMENT: These numbers reflect poorly on the Bush administration's ability to create jobs, handle oil reserves and prices, and regulate imports. While not yet actually withholding this sort of information from its viewers, Fox does the next best thing which is to tuck it into banners at the bottom of the screen, 35-minutes into a show, during a discussion about an unrelated topic, and without putting it into context. It must be tough being a "business show" these days while at the same time keeping the clothes on the emperor. After all, keeping the clothes on the emperor is far more important than actually informing your viewers, hey Fox?

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