Rightwing media, MSM promote discredited WSJ economists survey attacking Obama

Posted Mar 12, 2009, 5:22 PM PT by Jed Lewison • First broadcast: Mar 12, 2009

Rightwing and MSM media alike lap up a new Wall Street Journal survey of economists giving President Obama a “failing” grade on the economy — but none of them mention that these so-called economists lean heavily towards the GOP and that last August, half of them declared that the recession had ended.

What they failed to mention in the extended entry.

• February 2008: 76% of the economists surveyed by the WSJ said they supported either McCain or Romney on economic policy over Obama or Clinton
• May 2008: 75% of these economists said they preferred McCain’s fiscal policy to Obama’s
• August 2008: 49% said the recession had already ended, and 50% believed the economy would be the same or better by election day.
• September 2008: 66% said they opposed any new stimulus plan
• December 2008: the economists predicted the unemployment rate would peak at 8.4%. It’s already at 8.1% and rising.

Source: WSJ archives of previous surveys.