The Main Stream Media seems to be constantly shocked at how poorly the American economy is doing under ObamaNomics. Whenever poor business, house, or job news comes out, they are quick to throw on the word "unexpectedly," pretending that the economy is actually doing great, but this one time it hiccuped. But the problem is, the poor economic news is quite expected because of President Obama's incompetence.
So, I decided to take some time and compile some of the "unexpectedlies" from the start of the year until today. But before I begin, just remember what Albert Einstein once said (which is normally attributed to Benjamin Franklin): "Insanity: doing the same thing over and over again and expecting different results."
So, without further ado:
U.S. Consumer Sentiment Unexpectedly Falls to Six-Month Low on Job Outlook, from Bloomberg, May 31, 2011
US Q4 growth unexpectedly revised down, from EuroNews, February 25, 2011
U.S. Factory Orders Drop Unexpectedly, from Industry Week, March 24, 2011
US Services Economy Slowed Unexpectedly in March: ISM, from MSNBC, April 5, 2011
U.S. Jobless Claims Unexpectedly Jump, Reflecting Quarter-End Volatility, from Bloomberg, April 14, 2011
"Core U.S. producer prices rose slightly faster than expected," from Reuters, April 14, 2011
Construction Spending in U.S. Unexpectedly Fell to Decade Low, from Bloomberg, from February 1, 2011
U.S. initial jobless claims rise unexpectedly, from Forexpros, June 23, 2011
"Unexpectedly weak economic data," from Economics Newspaper, from April 2011
U.S. Economy: Goods Orders Unexpectedly Fall, Claims Drop, from Bloomberg, March 24, 2011
Orders for Manufactured Goods Fall Unexpectedly, from the New York Times, March 24, 2011
"Confidence among U.S. consumers unexpectedly declined in January," from Bloomberg, January 14, 2011
"Initial Jobless Claims Rise Unexpectedly," from Reuters, April 28, 2011
"Confidence among U.S. consumers unexpectedly fell in December," from Bloomberg Businessweek, January 3, 2011
Jobless Claims Unexpectedly Rise to Three-Month High, from Money News, April 28, 2011
U.S. Economy: Confidence Unexpectedly Drops to 6-Month Low, from Bloomberg Businessweek, May 31, 2011
U.S. initial unemployment claims unexpectedly soars, from World Bank, May 5, 2011
Housing Starts Unexpectedly Plunge 10.6%, Pointing to More Construction Woes, from Money News, May 19, 2011
Consumer confidence falls unexpectedly in May, from USA Today, May 31, 2011
Unemployment Claims in U.S. Unexpectedly Increased to 424,000 Last Week, from Bloomberg, May 26, 2011
"New U.S. claims for unemployment benefits unexpectedly climbed to 424,000 last week," from CNBC, May 26, 2011
U.S. Jobless Claims Unexpectedly Climb, from Bloomberg, June 9, 2011
U.S. Economy: Previously Owned Home Sales Unexpectedly Fall, from Bloomberg Businessweek, May 19, 2011
US Q1 corporate profits drop unexpectedly, from Business Speculator, May 26, 2011
Jobless Claims in U.S. Unexpectedly Jump on One-Time Events, from Bloomberg, May 5, 2011
"Industrial production in the U.S. unexpectedly stalled in April and housing starts dropped," from Bloomberg Businessweek, May 17, 2011
In case you didn't notice, quotation marks denotes quotes from articles.
Update- More headlines and quotes:
"Wall Street tumbled at Thursday’s opening bell after the government reported an unexpectedly sharp jump in unemployment claims," from MSNBC, June 23, 2011
"The Federal Reserve stayed the course on monetary policy Wednesday, citing "likely" temporary factors for the unexpectedly sluggish growth in the US economy," from MSN, June 22, 2011
U.S. Jobless Claims Unexpectedly Climb, from Bloomberg, June 9, 2011
"The dollar slumped on Friday after a government report showed an unexpectedly small amount of hiring in May," from MSN, June 4, 2011
"The National Association of Home Builders’ sentiment index unexpectedly fell to 13 in June from 16 in May," from the Financial Times, Jue 15, 2011
"The jobless rate, which is obtained from a separate household survey, unexpectedly rose to 9.1 percent in May," from Fox Philadelphia, June 3, 2011
U.S. jobless claims rises unexpectedly, from the AP, June 9, 2011
"Consumer confidence unexpectedly decreased in May," from Bloomberg, June 13, 2011
"An unexpected jump in claims for unemployment benefits," from the AP, June 23, 2011
And a few that, instead of using "unexpected," use "more than expected:"
Jobless claims rise more than expected, Reuters, June 23, 2011
Economy cools more than expected, rattling stock market, from the Christian Science Monitor, June 1, 2011
US Economy Growing Slower Than Expected, from the Money Times, June 23, 2011
US home sales fall more than expected, from the Financial Times, March 21, 2011
U.S. trade deficit widened more than expected in March, from MSNBC, May 11, 2011
US GDP Growth Slows More Than Expected, from Sky News, April 28, 2011
Jobless Claims Rise More Than Expected, from Industry Week, March 10, 2011
And this quote was in Yahoo's front-page article today:
"At the conclusion of a two-day policy meeting, the central bank said that while the recovery is continuing at a moderate pace, growth is somewhat slower than expected. It also said the jobs market is "weaker than anticipated.""
Update #2- And why not a few more? These are "*fill in the blank* than expected:"
U.S. Adds Far Fewer Jobs Than Expected in May, from Nation Journal, June 1, 2011
Worse than Expected Jobs Report, from Market Watch, June 3, 2011
Fewer new jobs than expected in May, from UPI, June 3, 2011
US Initial jobless claims fell more than expected last week, from the IBI Times, April 7, 2011
Economy created fewer jobs than expected, from American Public Media, January 2011
Us Employment Rises Far Less Than expected in May, from Forex Trading Portal, June 3, 2011
Higher than expected US weekly jobless claims take shine off the FTSE, from the Guardian, January 6, 2011
US jobs growth lower than expected, from RTE, January 7, 2011
Job growth slower than expected in January, from Reuters, February 4, 2011
U.S. jobless claims rise more than expected, from the Globe and Mail, June 23, 2011
U.S. private employers added fewer jobs than expected in April, from Reuters, May 4, 2011
Update #3- Check this out. A reader named JB did a great job putting it all in chronological order, while highlighting the word unexpectedly.
Please bookmark!
How unexpected
ReplyDeletethere has to be thousands of these, looks like you just did bloomberg.
ReplyDeleteI get 12.5k news articles:
http://www.google.com/search?hl=en&client=opera&hs=bfR&rls=en&channel=suggest&biw=1600&bih=750&tbs=cdr%3A1%2Ccd_min%3A1%2F1%2F2009%2Ccd_max%3A6%2F23%2F2011&tbm=nws&q=US%2Beconomy%2Bunexpectedly&btnG=Search&aq=f&aqi=&aql=&oq=
Now check them to see the Authors and how many of these Authors are the same people. Not very unexpected.
ReplyDeleteThe mainstream news media seem to be the only people being caught by surprise these days.
ReplyDeleteWhat is not unexpected in the MSM downplaying economic bad news.
ReplyDeleteI remember when, during the Bush Presidency, 5.6% unemployment was a tragedy and worth a constant refrain from the MSM.
Obama has failed
ReplyDeleteThe worst President ever
Jimmy Carter smiles!
That was not unexpected by anybody that bothered to read Obama's lackluster resume before voting.
MSM is a joke. Congrats on the Instalanche!
ReplyDeleteAn ideologically driven media expected all unicorns & rainbows because they Anointed Øbama, marketed and shielded him, therefore had him elected, a true Manchurian Candidate. Øbama is a product of the MSM, effectively connected at the hip. They own him; lock, stock and barrel. As Øbama goes down in flames, so shall the MSM. Good riddance to them both.
ReplyDeleteBarack Hussien Obama unexpectedly defeated loosing 40 states in a GOP sweep.
ReplyDeleteIt's the Keynesian economists they always consult.
ReplyDeleteYou would think that after years of wrong guesses from these same experts, they would either find someone who had a better record or write a headline "Keynesian Economists Are Clueless on Economy"
Actual results often deviate from predictions. In an unbiased world, one would expect the number of favorable deviaions to be roughly equal to the number of unfavorable deviations. However, from these headlines it would seem that all the deviations are unfavorable.
ReplyDeleteThe constant refrain under Bush went something like this: "Although the official statistics show low unemployment, it masks a structural unemployment as many have been discouraged from seeking work, particularly those who are at the margins of society." The drumbeat of "It's worse than it seems" was relentless.
ReplyDeleteNow the message is "The recovery is at hand! Rejoice all ye citizens! Pay no attention to the bumps in the road! All bad news is unexpected!"
Are you people idiots? Yes, the word unexpected has been used for years by the media. Most of these examples are from business publications. Analysts will come up with a forecast and when the number deviates greatly from the forecast the result is "unexpected'.
ReplyDeleteThis isn't some vast left wing conspiracy. I can't believe I wasted my time reading this garbage. I feel sorry for people who believe this junk.
Feel free to keep your head in the sand, Casey. If you had read the article, which you clearly did not, the word "liberal" and "left" were actually never used. The point was that publications constantly were projecting higher than they should have, for no discernible reason.
ReplyDeleteGo back to sleep, Casey.
Casey, go back to watching American Idol and reading People.
ReplyDeleteCasey, read David in Cal's response above. He explains it pretty well.
ReplyDeleteGreat post!
ReplyDeleteI think they should changed "unexpected" to "Well, I'll be damned!"
ReplyDeleteLike this -
Well, I'll be damned! The economy does suck!
"Dog bites man" is not news.
ReplyDelete"Man bites dog!" is news!
"Unexpected" things are ALWAYS going to get more coverage than expected things. And that's not news!
What did you expect?
ReplyDeleteOne could compile a similar list of the media use of "unexpected" to describe increased cash-flows to the Treasury under Repub Administrations after cuts in the marginal tax rates--as well as the use of "inexplicable" to describe reductions in revenue flows when taxes are raised under Donkey Presidents.
ReplyDeleteRE Bush v. Obama and unexpected:
ReplyDeleteThe new summer of our discontent
Terms such as “unexpected jump”, “unexpected rise”, and “unexpectedly increased” have inexplicably risen along with the unemployment rate during the past three years.
There's the "expected unexpected" and the "unexpected unexpected."
ReplyDeleteIf I remember right, any time under president Bush, if the economy did good it was always "unexpected".
ReplyDeleteGreat work! The only thing not "unexpected" was that this would be a long list.
ReplyDeleteWe've linked to you from It's About Liberty. Check us out: http://itsaboutliberty.com/index.php/topic,1978.0.html
I can actually think of a couple of "unexpected" things during the Bush years: the Surge in Iraq working was quite unexpected, if you were a regular reader of Newsweek or the NYT, & when we found unequivocal evidence of WMDs in Iraq it was so very unexpected that the NYT devoted a single column deep in the middle of some bra ads to the news.
ReplyDeleteWhat was completely "unexpected" is how Americans rolled over and selected the joke we call Obama. And if they do it again, that too will be "unexpected."
ReplyDelete2012 - Throw out "ALL" the trash!
No LSS, what I witnessed was a demonic power with the spoken word, just like baraq's mentor, Hitler. Throwing out 'all' the trash is a good idea, but some will be 'reelected', possibly by dead voters, or cartoon characheters, but they will be back, until this govt is shut down by the illegal alien from Kenya.
ReplyDeleteUnexpected low job growth despite the lowest tax rates in three decades for the wealthiest who, it was said, would invest and provide jobs if taxes weren't raised.
ReplyDelete"lowest tax rates in three decades for the wealthiest"
ReplyDeleteCripes, try looking it up before you comment.
1982-1986: 50%
1987: 38.5%
1988-1990: 28%
1991-1992: 31%
1993-2000:39.6%
2001: 39.1%
2002: 38.6%
2003-2011: 35%
Tom, 35% is more than 28%. It's even more than 31%. Try reading Thomas Sowell on why high tax rates and uncertainty in regulation cause lack of investment.
If you need top of the line news with nice graphics and fancy colors, then this is the website for you. Go to this site everyday and get informed!
ReplyDelete