Fox News: Liberal Media ‘Out To Sabotage The Economy’

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"Fox News: Liberal Media ‘Out To Sabotage The Economy’"

According to Fox News guests, the media is ignoring all the great news about the economy just like it does in Iraq. Watch it:

    Transcript:

    But according to a new survey, 59 percent have bought into that crackpot notion. They rate it [the economy] as bad, very bad, or terrible, in fact, when all the facts say that just the opposite is true. So, where are the folks getting this image? My next guest says look no further than the liberal media. Larry, it’s media making the people thank the economy stinks, is that right?

    But the polls don’t reflect media manipulation. Americans see the real state of the economy in their everyday lives:

    - After adjusting for inflation, wages have not risen during the last three years. In fact, real hourly wages fell for most middle- and low-income workers in 2005 and the inflation-adjusted value of the minimum wage is 29 percent lower today than it was in 1979.

    – The poverty rate has risen each year since 2001, with 12.7 percent of the population now living in poverty.

    – Job growth during President Bush’s term has been the lowest since World War II.

    Full transcript below:

    FOX: And what if I told you that with the stock market is approaching multi-year highs — despite today’s figures, and unemployment below five percent, more than half of Americans think the economy is in a recession. It ain’t, folks. But according to a new survey, 59 percent have bought into that crackpot notion. They rate it as bad, very bad, or terrible, in fact, when all the facts say that just the opposite is true. So, where are the folks getting this image? My next guest says look no further than the liberal media. Radio personality Larry Elder, host of the Larry Elder Show, says that. We’re also joined by some from Cavuto on Business, who I’m sure you recognize. Lee Gallagher — she used to be with another magazine — and Charles Payne, they are here as well. But Larry, it’s media making the people thank the economy stinks, is that right?

    ELDER: David, you have hit it right on the nose.

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