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Gerri Willis: "We're Not Seeing The Kinds Of Big-Time Manufacturing Jobs Being Created In This Economy, And That's What Americans Really Need"
Fox News attempted to negatively spin a January jobs report from the Bureau of Labor Statistics (BLS) by complaining about a lack of manufacturing jobs being created. Unfortunately for Fox, the report actually revealed robust job creation in manufacturing, which put total employment in that industry at a seven-year high.
On February 5, the BLS released its monthly "Employment Situation" summary for January 2016. The data showed that the economy created 151,000 jobs last month, and the unemployment rate fell marginally to 4.9 percent -- its lowest point since February 2008. Economists and experts generally agreed that the report was "very encouraging."
On the February 5 edition of Fox News' Your World, host Neil Cavuto and Fox Business host Gerri Willis complained that the report did not show enough evidence of job creation in well-paid industries like manufacturing (emphasis added):
GERRI WILLIS: A jobless rate of 4.9 percent, that is an eight-year low, looks so good. Lucious, right? Maybe not ... The number of jobs created in the month, you're showing it right now: 151,000. A disappointment compared to what we expected: 200,000.
Now, good news on the wages front, up over the last 12 months 2.5 percent. You can see that there, $25.39 an hour. So that seems to be good news. Dig further though, Neil, what do we see? Here's what we see, the jobs created are disappointing. 58,000 retail jobs, we're talking about clerks, cashiers, people who walk through the Walmart, those are the kinds of jobs created. And also, restaurant and bars, so waitresses, waiters, bartenders, 47,000 jobs created.
We know from experience that these aren't the kind of jobs that can really fuel family growth, fuel family wealth. This isn't what the middle class needs right now, and that's what's so disappointing about this jobs report, today. We're not seeing the kinds of big-time manufacturing jobs being created in this economy, and that's what Americans really need.
Unfortunately for Fox News, the jobs report Cavuto and Willis discussed actually showed robust job creation in manufacturing (+29,000). MarketWatch columnist Rex Nutting noted that those 29,000 new workers pushed total manufacturing employment to 12.4 million, a seven-year high (emphasis added):
Apparently, no one told American manufacturers that their business is collapsing, because they kept on hiring more workers in January.
The Bureau of Labor Statistics reported Friday that manufacturing companies added 29,000 workers in January to reach a seven-year high of 12.4 million. After a soft patch in the middle of last year, it was the fourth month in a row that manufacturing payrolls had increased.
Not only were factories hiring, they were working their employees longer shifts. Average weekly hours rose a tick to 40.7 hours in January, which is significant because the manufacturing workweek is considered to be one of the best leading indicators for the health of the economy as a whole. Despite the strong dollar, the drop in export orders and the decrease in capital spending, average hours in manufacturing have been roughly unchanged since April.
Charles Payne Continues Fox's Bad Coverage Of The Lottery
A Fox Business panel discussing the January 13 Powerball drawing, which could be worth up to $1.5 billion, briefly went off message after one of the network's business analysts advised viewers against buying a ticket by correctly noting "your chances [of winning] are nothing."
On the January 12 edition of Fox Business' Varney & Co., business reporter Gerri Willis interrupted guest host Charles Payne's monologue on the record-breaking Powerball jackpot by repeatedly saying "don't buy the lottery ticket." Willis explained that she advises her own mother against spending money on the lottery "every week" and reiterated that "your chances [of winning] are nothing" if you do purchase a Powerball entry. Payne repeatedly asked Willis to reconsider her position on playing Powerball, saying, "a buck, you can't put a buck on this thing? A buck? You can't put 2 bucks on this?":
Payne's passionate defense of buying Powerball tickets echoes an earlier segment from Fox News. On the January 9 edition of Fox & Friends Saturday, co-hosts Anna Kooiman and Clayton Morris were joined by supposed lottery "expert" Richard Lustig to discuss the still-growing Powerball prize pool. The segment claimed to offer viewers "proven strategies" to win the lottery, including advice like "buy as many tickets as you can afford" and "never miss a draw":
The January 9 segment was circulated widely on Twitter and derided by several media outlets. Business Insider called it "literally the worst piece of advice about the lottery ever given," explaining that "your likelihood of winning is still incredibly low, even if you buy a bunch of tickets." ThinkProgress Economic Policy Editor Bryce Covert took to Twitter to advise her followers against buying lottery tickets, including the Fox & Friends Saturday segment in a long piece of research explaining how state-sponsored lotteries are essentially "a regressive tax on the poor."
The odds of purchasing a ticket with the winning combination to Wednesday's Powerball drawing are approximately 1 in 292.2 million. The odds of being struck by lightning in a lifetime are 24,000 times greater than that.
Contrary to Fox's previous guidance, you cannot meaningfully increase your odds of winning by purchasing extra tickets or playing every week. Your odds of winning any single drawing never change -- they are always 1 in 292.2 million. And buying enough two-dollar tickets to give yourself winning odds is preposterously expensive -- purchasing $1 million worth of tickets would give you just a 0.17 percent chance of hitting the jackpot, whereas approximately $292 million worth of tickets would still put your winning odds at no better than a coin flip.
Critics Detail How It Overwhelmingly Benefits The Wealthy And Corporations
Republican presidential candidate Donald Trump unveiled a tax reform plan that he claimed will "cost [him] a fortune" and that right-wing media touted as "populist." In fact, like many of his Republican rivals, Trump has offered a tax plan that amounts to a victory for the rich.
Fox News criticized an upcoming NBC special intended to educate viewers about the Affordable Care Act (ACA) as "propaganda," despite hyping Fox Business' week-long ACA special as a way to educate viewers about the "hideously complicated law."
On September 30, NBC News will begin airing a week-long series titled "Ready or Not, the New Healthcare Law," which NBC described in a press release as a way to "help Americans get the most out of the Affordable Care Act." The announcement comes as the ACA's health insurance exchanges are set to begin operations on October 1, and as significant confusion over the law remains.
On the September 30 edition of Happening Now, host Jon Scott opened a segment on the NBC special by stating: "A major news network accused of crossing the line from objective reporting to cheerleading when it comes to Obamacare." Scott concluded: "If Obamacare does not prove to be very workable, are you going to see that story covered on NBC?":
But while Scott ridiculed NBC's effort to educate their viewers on the Affordable Care Act as "cheerleading," and Fox News' website Fox Nation described the NBC special as "propaganda," hours earlier Fox & Friends praised a week-long special scheduled to air on Fox Business' The Willis Report. Host Elisabeth Hasselbeck opened the segment by praising the special, titled "A User's Guide To Obamacare," saying, "According to the most recent surveys, as many as 51 percent of Americans don't have enough information about the Affordable Care, so each day of this week we're going to help." Hasselbeck added, "Next week it's your week-long series, 'A User's Guide To Obamacare' -- thankfully, because we need it." At the conclusion of the segment, Gerri Willis, the host of the special, described the Affordable Care Act as a "hideously complicated law."
While Fox is accusing NBC of airing "propaganda" even before the special has appeared, Fox News and others in the right-wing media have spent the last three years spreading misinformation and propaganda about the health care law. Fox figures have ramped up the misleading attacks in the weeks leading up to the opening of insurance exchanges, and have also pressured Republican politicians to defund or repeal the law, even at the expense of shutting down the federal government.
Fox News is promoting a Wall Street Journal column by Bjorn Lomborg to claim that electric vehicles are "even worse" for the environment than conventional gasoline cars. But experts say Lomborg's assumptions are out of step with reality and that the environmental benefits of electric vehicles will only grow in the near-future.
Lomborg, a prominent critic of environmentalists, claimed that because producing an electric car is more carbon-intensive, it could produce more carbon dioxide over its lifetime than a conventional car, citing a study published in the Journal of Industrial Ecology:
If a typical electric car is driven 50,000 miles over its lifetime, the huge initial emissions from its manufacture means the car will actually have put more carbon-dioxide in the atmosphere than a similar-size gasoline-powered car driven the same number of miles.
Fox News hosted Lomborg on Wednesday to expose what it called the "dirty little secret" of electric vehicles. Seizing on Lomborg's figures, Fox Business' Stuart Varney claimed that "the battery powered cars are just as bad for the environment as your average sedan -- even worse!" And Fox Business host Gerri Willis suggested electric cars are not "contributing less to global warming" than conventional cars:
But Lomborg's assumption of a 50,000 mile lifetime "seems too low," according to University of California at Los Angeles' Dr. Deepak Rajagopal, an environmental economist who focuses on life cycle assessments. Indeed, the study Lomborg cites "assumes almost twice that lifetime," according to co-author Guillaume Majeau-Bettez. It estimates a 20-24 percent reduction in emissions from electric vehicles driven 90,000 miles and powered by average European electricity. The Chevy Volt and the Nissan Leaf, the two most popular electric cars in the U.S., both have 100,000 mile battery warranties.
And as the Natural Resources Defense Council's Max Baumherner noted, the study used estimates for production emissions that are three times higher than those from Argonne National Laboratory, which perhaps explains why other studies have found greater environmental benefits from electric cars. A life-cycle analysis overseen by Dr. Rajagopal found that battery-electric vehicles (BEV) powered by California's electricity mix produce significantly fewer emissions compared to conventional vehicles (CV):
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As the State Department nears a decision on whether or not to approve the Keystone XL pipeline, the media is exaggerating its economic benefits and downplaying environmental risks to advocate for the project. Here, Media Matters takes on five of the prevailing media myths about Keystone XL.
Multiple Fox News personalities have suggested the Justice Department's lawsuit against Standard & Poor's is 'political retribution,' either papering over or outright ignoring the facts behind the suit. However, the S&P investigation began well before U.S. credit was downgraded, and a raft of internal emails suggest the company may have knowingly inflated securities ratings.
Conservative media have denigrated solar energy by denying its sustainability, ignoring its successes, and arguing the U.S. should simply cede the solar market to China. Yet this booming industry has made great strides, and with the right policies can become a major source of our power.
Media coverage of the debt ceiling frequently claims that raising the limit without simultaneous spending cuts would give President Obama a "blank check," repeating a pattern of promoting this false narrative -- or failing to correct it -- that occurred during the unprecedented brinkmanship of 2011. The phrase implies that the debt ceiling governs additional spending desired by the White House, when in fact it is a restriction on the executive branch's ability to borrow money to pay for spending measures already enacted by Congress.
Conservative media figures have long insisted that top marginal income tax rates effectively target small businesses. This "zombie lie" has sprung up throughout President Obama's first term as an argument against Democratic proposals to renew the Bush-era rates only for middle- and low-income Americans. Despite continual efforts by experts to debunk this claim, media figures continue to repeat these lies in the 2012 edition of the fight over high-income tax rates.
In an effort to discredit President Obama's plan to increase taxes on the wealthy, conservative media outlets have pushed a number of myths to suggest that a large number of Americans will be negatively affected. In reality, only a small percentage of taxpayers would be affected by Obama's proposals.
Fox News is obscuring the national debate over how to balance the deficit while pushing myths that falsely discredit the Obama administration's record. Contrary to the Fox mythology, a downgrade of U.S. debt is not imminent, many economists believe the previous downgrade was due to Republican obstructionism, and raising taxes on the wealthiest households will not hurt employment.
Conservative media outlets have falsely suggested that President Obama's tax plan will negatively affect a broad range of taxpayers, while ignoring Obama's own statements that clearly indicate otherwise. In reality, only a small portion of earners would be affected by his proposed tax increases.
Fox Business host Gerri Willis reacted to President Obama's November 9 remarks on the economy by claiming that he plans to raise taxes on "lots and lots" of middle-income people. From Fox Business' Markets Now:
The speculation that Obama's tax plans will affect a large proportion of earners was also put forth in a National Review Online article, claiming that he "seemed especially intractable on tax hikes for the 'wealthy,' a rather broadly defined term."
However, Obama's statements do not suggest that a large number of earners would be affected by his tax plan. Here's what Obama actually said in his November 9 speech about asking the wealthiest Americans to pay slightly higher taxes on some of their income:
OBAMA: I am not going to ask students and seniors and middle class families to pay down the entire deficit, while people like me making over $250,000 aren't asked to pay a dime more in taxes.
According to most recent Census data, median household income in the U.S. is $50,054, well below the $250,000 threshold suggested by Obama, and only 2 percent of households earn more than $250,000 a year, leaving the vast majority of Americans unaffected by the proposed tax increases. Furthermore, Obama's tax aspirations have a negligible effect on the economy. According to a recent Congressional Budget Office report, allowing upper-income tax cuts to expire would have a modest effect on growth.