Thursday, August 23, 2012
The conservative blogosphere lit up yesterday with the release of a report from the University of Colorado that a model based on economic data predicts that Mitt Romney should sweep to victory in November. Yet that prediction is not yet reflected in polls–which, though tightening, still suggest a narrow Obama victory. One reason is that the media’s polls are being skewed by pro-Democrat samples. Another is that Obama has been spending his campaign into debt while Romney has barely begun to spend. But perhaps the most important reason is that the media simply isn’t reporting the economic data voters need to make an informed choice.
The last time that economic data dominated a news cycle was on August 3–three weeks ago–when the July jobs numbers were released. On that occasion, the media spun a report about the rising unemployment rate into a positive story for President Barack Obama, focusing on the fact that the paltry number of jobs created was higher than the even smaller number that markets had expected. Since then, there has been little major news coverage of the economy in the mainstream media. Voters have had to rely on their own impressions.