While the MSM played the Foley Card all weekend, they conveniently missed this great economic news:

“It took the Department of Labor several months to locate 810,000 new jobs it had overlooked ‚Äì but network news still hasn‚Äôt found them, despite the agency‚Äôs report on October 6.

The employment report was full of positive news: unemployment down to 4.6 percent; 51,000 new jobs created in September; job creation revisions of 60,000 for August and 10,000 for July and the piece de resistance: 810,000 more new jobs from March 2005 to March 2006.

The networks barely mentioned any of the news, and none reported the huge revision to the past year’s numbers.

Print media were more forthcoming. Investor’s Business Daily called it “the biggest upward revision in at least 10 years” on October 9, the same day The Wall Street Journal labeled it the “whoops” report.

The Journal’s editorial asked the question other media didn’t: How did the Labor Department overlook 810,000 new jobs? “Most of the media has ignored all this and instead focused on the disappointing 51,000 ‘new jobs’ number from the establishment survey for September,” the editorial said.

The Washington Post, which had reported the numbers on October 7, even highlighted the revision again in its October 8 Business Briefing.

“Unemployment is down to 4.6 percent, the lowest in five years, the Labor Department reported, adding with some embarrassment that it had suddenly discovered an estimated 810,000 net new jobs that it had somehow overlooked in the year ended in March,” wrote Steven Pearlstein. “And in such a tight labor market, it’s no surprise that average wages are rising faster than inflation for the first time in years.”

But ABC and CBS had no segments on the employment report through the weekend, although CBS viewers might have gotten a whiff of the news from a clip of President Bush amidst coverage of the Mark Foley scandal.

Borders on malfeasance…..

But then the public seems stuck on stupid.

TKS notes:

“The stock market hits an all-time high, three days in a row, and the American people evaluate the way President Bush is handling the economy… 41 percent approve, 56 percent disapprove. Apparently, 56 percent think the economy is booming too much.”

Wait till the cash cows who run the networks start getting those large Charlie Rangel tax increases.

Who loves ya baby!