There was an error in this gadget

Follow Paul Gregory by Email

Friday, September 7, 2012

New York Times Downplays U.S. Decline



In my World Economists Confirm America's Decline Under Obama,  I stressed the headline that the World Economic forum’s Global Competitiveness Index lowered the United States’ world ranking from first to fifth during the first three years of Obama’s term.

Unbeknownst to me, the World Economic Forum published its 2012 ranking the next day. With the U.S. election just two months off, the true headline should have been: “U.S. Decline Continues as We Fall from First to Seventh Under Obama.”

The New York Times ignored this headline by emphasizing the growing competitiveness gap within Europe. In its Competitiveness Gap Widening in Europe, the venerable Times gives one brief mention to the further collapse of U.S. competitiveness hidden in the middle of the article:

“Switzerland, which is not a part of the European Union, takes top place in the global table, with Singapore second, the United States occupying 7th position — down two places from last year — and Canada at 14th. China, in 29th place, is rated the most competitive among large emerging markets.”

And the Managing Editor of the Times denies any form of media bias in her newspaper.

2 comments:

  1. Why again this clandestine praise of European socialist (by your definition) countries?!

    ReplyDelete
  2. On another note (GM VOLT, todays' news):
    (Reuters) - General Motors Co sold a record number of Chevrolet Volt sedans in August — but that probably isn't a good thing for the automaker's bottom line.
    Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.
    http://finance.yahoo.com/news/insight-gms-volt-ugly-math-041323478.html

    ReplyDelete