Jeannine Aversa

In a Wall Street Journal op-ed today, George Mason University economics professor Daniel Klein today notes that "self-identified liberals and Democrats do badly on questions of basic economics." It therefore shouldn't be terribly surprising that so many journalists do a poor job of economic and business reporting, because, as the Media Research Center has frequently and consistently documented…

The Associated Press's business writers and many others in the establishment press spent just over a year reminding readers at seemingly every conceivable opportunity that the recession began in December 2007, simply because the supposedly apolitical collection of academics at the National Bureau for Economic Research said so. Lo and behold, in her year-end roundup of 2009's top business stories…

In an item time-stamped at 1:16 p.m. today (in case updated, here is a graphic capture of the first six paragraphs as they then appeared) covered by yours truly a short time ago (at NewsBusters; at BizzyBlog), the Associated Press's Jeannine Aversa discounted today's weaker than expected economic growth report from Uncle Sam showing that gross domestic product only grew by an annualized 2.2%…

Uncle Sam's Bureau of Economic Analysis today revised economic growth in the third quarter downward a second time. After originally estimating annualized growth of 3.5% in October and then reducing it to 2.8% in November, the bureau's "third estimate" issued today came in at 2.2%. If that "third estimate" term seems odd, it's because this is only the second quarter the BEA has labeled its…

In today's "How's That Voodoonomics Working Out For You" segment, despite considering a 0.4 percent decline in the nation's Gross Domestic Product a calamity when George W. Bush was President, America's media applauded Friday's announcement that the GDP in the second quarter declined by one percent.Of course, this is not at all surprising, for many of these same outlets cheered when businesses…

At the Wall Street Journal's Best of the Web today, Jim Taranto noted that it took the Associated Press's Jeannine Aversa until the 15th paragraph of her expanded dispatch on today's Employment Situation Report to find something mildly positive to write.Aversa, who has been one of the wire service's chief silver lining make-up artists during the Obama presidency's disastrous economic stewardship…

Here's a CNN e-mail alert I just received a couple of hours ago: So how did the Associated Press's Jeannine Aversa report the above raw news? As you would expect an Obama apparatchik to do it (reproduced in full as it existed at 3:15 p.m.; bold after title is mine): Fed sees hopeful signs but downgrades '09 forecast WASHINGTON (AP) — The Federal Reserve expects the economy to improve in coming…

The Associated Press's Jeannine Aversa, who became infamous last year for her stories of "vanishing jobs" that weren't, sounded hopeful early this morning before the release by Uncle Sam's Bureau of Economic Analysis (BEA) of its first-quarter report on Gross Domestic Product (GDP) growth:Economy's free-fall probably eased in 1QThe recession's grip on the country may be letting up a bit.The…

In today's coverage of Uncle Sam's Employment Situation Report, the Associated Press's Jeannine Aversa showed no real curiosity as to why November's seasonally adjusted job loss was so much higher than September's or October's. There's a reason for that.  I have noted for quite a while (previous NB-posted examples are here, here, and here) that the business press, led by AP, has repeatedly and…

Associated Press lead reporter Liz Sidoti, other contributors (AP Director of Surveys Trevor Tompson, AP News Survey Specialist Dennis Junius and AP writer Alan Fram), and the wire service's supposedly vaunted editors apparently don't understand what a polling margin of error is. In a Wednesday story I found in four different places (CBS News, AP-Google, Breitbart, Yahoo! News), Sidoti et al let…

The Associated Press's Jeannine Aversa "creatively" and selectively rounded figures presented in today's Monthly Treasury Statement from Uncle Sam. That Treasury report, released this afternoon, covered monthly and year-to-date receipts and spending in the federal government. By doing what she did, Aversa made sure we know that year-to-date receipts are down, but at the same time made Congress's…

The Associated Press's disgraceful coverage of last week's Employment Situation Report from Uncle Sam's Bureau of Labor Statistics (BLS) got left behind in the holiday weekend hubbub, but calls out for comment nonetheless. The AP's Jeannine Aversa reached into her Thesaurus as she began her report with what has become the wire service's standard monthly error of treating reported seasonally…

Here is the full text of, and response to, a question directed to Jeannine Aversa, AP Economics Writer, Washington, in an "Ask AP" item four days ago (second question-answer segment at link; bolds are mine): Why is it important whether we are or are not in a "recession"? I have read a technical definition of the word, and I have seen and heard many news reports in which economists and government…

The Associated Press's Jeannine Aversa started off her Friday evening report on the day's economic news showing, as she and her AP colleagues have for several months, that they either don't understand very basic concepts relating to the information they're attempting to digest and convey or are deliberately reporting it inaccurately: Pink slips piled up and jobs disappeared into thin air in May…