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Why The Blockbuster Jobs Report Should End All Doubts About The Economy

The surprising strong jobs report for January left investors stunned by the resilience of the U.S. economy. It should end talk of recession and quick Fed easing.

Michigan , United-states , White-house , District-of-columbia , Ukraine , Larry-kudlow , Joe-biden , Don-luskin , Daniel-clifton , Jim-glassman , University-of-michigan , Federal-reserve

The Blockbuster Jobs Report Should End All Doubts About the Economy

The surprising strong jobs report for January left investors stunned by the resilience of the U.S. economy. It should end talk of recession and quick Fed easing.

Michigan , United-states , Ukraine , White-house , District-of-columbia , Don-luskin , Larry-kudlow , Jim-glassman , Daniel-clifton , Federal-reserve , University-of-michigan , Tax-policy-center

NYT 'Questions For' Writer Follows Hallowed 'Journalistic' Tradition

It's a tradition that goes back at least as far as the Vietnam War, when CBS edited and reshuffled the content of a TV interview with a US general to make it appear as if he believed that having wars from time to time was a necessary and good thing. CBS, operating in the days of Old Media's de facto monopoly, paid little if any price for its transgression. Someone on the order of a Bill Buckley or Cal Thomas objected, and that was about it. That creative editing was occurring and considered a hallowed right of Old Media during its "good old days" is almost indisputable. As I recall it, several Nixon Administration advisers in the early 1970s whom the networks wished to interview agreed to do so, with but one proviso: The interviews would either be live, or air unedited. My recall is that CBS never followed through on any of these interviews. Readers are welcome to fill in any gaps in yours truly's memory. The practice of "creative interviewing" continues. The latest to get caught doing it is New York Times "Questions For" writer Deborah Solomon. At least this time, someone at the media outlet involved is openly questioning the technique. That would be Times Public Editor Clark Hoyt, who skewered Solomon's methodology in his Sunday column (HT Don Luskin; link requires free registration; bolds are mine throughout this post):

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Gifts in 'Twelve Days of Christmas' song post 2.7% price increase this year: PNC

There was a slight collective price increase in the presents given in the "Twelve Days of Christmas" this year, the PNC Christmas Price Index indicated.

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S&P downgrades multiple US banks citing 'tough' lending environment

S&P Global Ratings downgraded five regional U.S. banks by one notch and lowered its outlook for several other lenders, following a similar move by Moody's.

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Transcript: Dave Nadig - The Big Picture

Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media

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Why Today's CPI Release Was Not A Shock

Today, the CPI surprised to the upside. On a year-over-year basis, the CPI rose 9.1% vs. an expected increase of 8.8%. Read more here.

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The Journal Editorial Report-20210605-19:45:00

and i both know that this economy could just simply be unlearned from excessive taxes, excessive regulation, we could improve education, we could do so many things that would light this economy on fire, whether the population grows or shrinks, it won't even matter and certainly can we agree that there's no way to do it. to tax the private sector $3.36 million and put that in the hands where you know it would be allocated less than optically and that's not saving us from china, that's just in the true. paul: all right, don luskin, appreciate it. always fun. the big apple surging crime rate and post pandemic economy taking center stage at this week's democratic mayoral debate, after years of bill de blasio do any

Economy , Things , Both , Education , Fire , Taxes , Regulation , Way , Sector , Hands , Matter , Population

The Journal Editorial Report-20190921-19:36:00

charles: speaking of focusing on other news, i've got to is ask you a preliminary china delegation in town, in the united states this week. it e feels like there are more and more goodwill gestures from both sides building up to the principals meeting next month. how are you handicapping that? what's your sense on maybe some series of progress if not a deal before the election? >> it's really hard to know because there are two very powerful, very strong politicians involved, donald trump and xi jinping. and they're both focused on the 2020 election. xi is wondering whether he can wait out trump, and he's got a big bet to make. if he ends up negotiating with joe biden, he's got an easy path. if he ends up negotiating with elizabeth warren, i think he's going to miss trump. trump, on the other hand, has to understand whether he wants a deal going into 2020, he might be better off going into the industrial states that are going to decide this election as the trade warrior and still embattled. charles: don, always a pleasure. thank you very much. >> thank you. charles: still ahead, oil

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