Reporting on a new “study” on U.S.-China trade, Reuters reporter Doug Palmer writes:

Unfair Chinese trade and currency practices caused the loss of as many as 2.4 million U.S. jobs between 2001 and 2008, according to a study released on Tuesday.
The report by the left-leaning Economic Policy Institute said China’s “currency manipulation” was a major cause of the United States’ trade deficit with China, though it said other Chinese practices contributed to the deficit.

While Palmer mentions that EPI is “left-leaning,” he fails to mention that the organization receives 30% of its funding from trade-averse labor unions, and that its … Continue Reading

Big “news” this past Monday: President Obama has new plans to “save or create” 600,000 additional jobs this summer!

At least that’s what you’d think by scanning today’s headlines. Doug Palmer’s June 8th Reuters piece Obama speeds projects to create, save 600,000 jobs, takes the President’s bait hook, line and sinker: “President Barack Obama said on Monday that accelerated stimulus spending would create or save 600,000 jobs over the next 100 days,” Palmer wrote before parroting White House claims that the spending will quickly lead to new economic activity at national parks, veterans centers and Superfund sites from coast to … Continue Reading