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Gallup Poll: Trust Level of Mainstream Media Falls to 32%

woodward-bersteing-watergateGallup first began asking if Americans trusted the mainstream media in 1972. America’s trust and confidence in mainstream media stood at its highest level back in 1976 at 72%. Of course, that was due to the investigative journalism regarding Vietnam, and naturally Woodward and Berstein, with the Watergate scandal. Following that period, the media began to attack the right with Reagan. By the late 1990s, the Americans’ trust in the media fell steadily into the low to mid 50% level.

Following 2005, the trust in mainstream media dropped into the mid 40% range. It has consistently been below a majority level ever since the 2007 economic decline. However, after the 2016 election and the extreme bias for Hillary, where virtually 99% of mainstream media deliberately tried to manipulate the people to vote for Hillary, the trust factor has collapsed to 32%. When they polled just conservative Republicans, it was 14%. So the 32% level is the average American.

media

news-readerOur models on the confidence in American mainstream media using the Gallup Poll data projects a sharp decline into 2019/2020, which is the bottom of the current 8.6-year Economic Confidence Model. This will be 43 years from high. Note that 2007 was 31 years from that peak. It was 2007 and the collapse in the economy that has marked the collapse in public confidence in government and the media.

We should expect that the media will viciously attack Donald Trump in a futile effort to cling to some level of importance and to desperately try to demonstrate that they were not wrong with 99% of the media endorsing Hillary. But the media willingly conspired to make Hillary president. They will now try to vindicate themselves by trashing Trump at every possible chance. They will now fuel the civil divide and help lay the foundation for the collapse of the United States itself by turning left against right. Even the New York Post wrote that what they were witnessing was the end of journalism.

…click on the above link to read the rest of the article…

Mini Ice Age in 2030: the new anti-science meme?

Mini Ice Age in 2030: the new anti-science meme?

Image from Gallup

The past decade has seen some truly clever media tricks being used against climate science. The most successful one was the so-called “Climategate” scandal of 2009. You can see its effects on the Gallup poll, above.

Climategate was a very successful “meme“, a term created by Richard Dawkins in analogy with “gene” – a meme is a reproductive unit in the mediaspace. It works like a virus, and, as a virus, it tends to lose its potency when the system develops ways to fight it. So, the climategate meme lost potency in a few years after its introduction and the Gallup curve started going up again.

2012 saw the birth of a new and powerful anti-science meme: the “climate change has stopped” one, created by David Rose with an article in the Daily mail. The effect was less pronounced than that of the Climategate meme, nevertheless the idea of the “pause” went viral and it is probably the origin of the drop/stasis in the Gallup curve from 2013 to 2014.

But also the “pause” meme has lost potency; with 2015 on track to become the hottest year ever recorded, it becomes more and more difficult to maintain that climate change has stopped. So, with the Paris conference on climate approaching, it is probably the right time for a new anti-science meme appearing in the media.

Not surprisingly, the media is all abuzz with the idea of a”mini ice age” that should occur at some moment in the 2030s. Look at the results of a “Google Trends” search. Remarkable, indeed!

…click on the above link to read the rest of the article…

 

Why the Fed Will Crash the Economy If It Hikes Rates: In Three Charts

Why the Fed Will Crash the Economy If It Hikes Rates: In Three Charts

If you’ve been scratching your head since the middle of last year as consumer confidence surveys depicted an optimistic, eager to spend consumer while other hard economic data was showing a sputtering economy, we’re here to put your mind to rest. You’re not crazy. The U.S. economy is dramatically diverging from where most consumers think it is and we have three charts to prove it.

Most Americans have never heard of the Labor Force Participation Rate. Consumers judge the availability of jobs, or lack of them, by the Unemployment Rate that is fed to them in newspaper headlines and TV sound bites monthly. The Unemployment Rate has been coming down nicely and fueling positive vibes among consumers.

Unfortunately, the Labor Force Participation Rate, which measures the number of people who are either employed or actively looking for a job has been hitting historic low numbers, suggesting far more slack in the labor market than captured by the official Unemployment Rate.

On February 4, Jim Clifton, Chairman and CEO of Gallup, told a stunned interviewer at CNBC that he was concerned he might “suddenly disappear” and not make it home that evening if he disputed the reliability of what the U.S. government is reporting as unemployed workers. Clifton’s concerns are essentially based on the fact that consumer confidence and Fed jawboning on when it’s going to hike interest rates to slow down this “strong” U.S. economy before it overheats is about all the U.S. has left in its monetary arsenal.

Clifton had penned an opinion piece on the company’s web site which punctured the rosy spin on the improving jobs market. Clifton wrote:

 

…click on the above link to read the rest of the article…

Only 44 Percent Of U.S. Adults Are Employed For 30 Or More Hours Per Week

Only 44 Percent Of U.S. Adults Are Employed For 30 Or More Hours Per Week

Jim Clifton, the Chairman and CEO of Gallup, says that the percentage of Americans that are employed full-time has been hovering near record lows since the end of the last recession.  But most Americans don’t realize this because the official unemployment numbers are extremely misleading.  In fact, Clifton says that the official 5.6 percent unemployment rate is a “big lie”.  Gallup regularly tracks the percentage of U.S. adults that are employed for 30 or more hours per week, and it is currently at 44.2 percent.  It has been hovering between 42 percent and 45 percent since the end of 2009.  This is extremely low.  As I discussed the other day, there are 8.69 million Americans that are considered to be “officially unemployed” at this point.  But there are another 92.90 million Americans that are considered to be “not in the labor force”.  Millions upon millions of those Americans would work if they could.  Overall, there are 101 million U.S. adults that do not have a job right now.  But you won’t hear that number being discussed by the mainstream media, because it would make Barack Obama look really bad.

Most Americans just assume that the economic numbers that we are being given accurately reflect reality.  That is why it is so refreshing to have men like Jim Clifton step forward and tell the truth.  His recent article entitled “The Big Lie: 5.6% Unemployment” is making headlines all over America.  The following is an extended excerpt from that article…

…click on the above link to read the rest of the article…

 

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