If you needed more proof of liberal media bias, just look at the orgasms created by Friday's announcement that unemployment in January dropped to 8.3 percent.

By contrast, these same folks were practically suicidal as the jobless rate dropped to 5.6 percent when George W. Bush was President in January 2004.


Here's how the NBC Nightly News covered the January unemployment report on February 6, 2004:

BRIAN WILLIAMS, co-anchor: NBC News IN DEPTH tonight, more on that unemployment report out today. As we mentioned, the rate ticked down to a two-year low. But the number of jobs created, 112,000, was well below what analysts had expected. So what does all this tell us and where are these new jobs coming from? IN DEPTH tonight, here's NBC's Anne Thompson.

ANNE THOMPSON reporting: Union Pacific railroad, one of the engines of job creation in this country. It's looking to hire as many as 3500 new workers this year. There's been a surge in retirements and freight loads, its trains carrying more of everything from lumber to grain.

Mr. DICK DAVIDSON (Union Pacific Corporation CEO): We absolutely wouldn't be hiring these numbers of people if--if we didn't have some confidence that the economy was coming back.

THOMPSON: But that attitude remains the exception in corporate America and one reason why today's jobs report is considered disappointing. Yes, 112,000 jobs were created in January, but that's not enough, economists say, to keep pace with the recovery.

Dr. MARK ZANDI (Economy.com Chief Economist): Without more jobs, we're just not going to create enough income to ensure that consumers go out and continue to spend aggressively and allow this expansion to move forward.

THOMPSON: And for those who lose their jobs, finding the next one isn't easy. The average search time, according to the government, is now up to five months, the longest in 20 years.

Mr. ALEX HOOVER: Just let it flow nice and easy.

THOMPSON: After years of being self-employed, Alex Hoover has found a steady paycheck, training to be a Union Pacific brakeman and one day a conductor.

Mr. HOOVER: I'm looking for something a little more stable.

THOMPSON: CEO Dick Davidson says Hoover and others have found it.

Mr. DAVIDSON: These should be long-term jobs, hopefully where somebody will come and work 40 years and then retire.

THOMPSON: But they're still rare, economist Zandi says, because tax breaks entice companies to spend on equipment rather than employees.

Mr. ZANDI: We have to design policies that make it cheaper for businesses to go out and invest in people.

THOMPSON: That means tackling tough issues, finding creative ways to curb rising health care and pension costs...

Offscreen Voice: Help bring it to a stop.

THOMPSON: ...to end this unprecedented cycle of tepid job growth in an otherwise strong economy. Anne Thompson, NBC News, New York.

Not a very cheery report despite the unemployment rate dropping to 5.6 percent.


Read more: http://newsbusters.org/blogs/noel-sheppard/2012/02/07/media-orgasmic-over-83-unemployment-2012-suicidal-56-2004#ixzz1liprsX5H

 

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