Tuesday, March 10, 2009

MSNBC CONTINUING TO USE MISLEADING CHARTS

THEY DID IT AGAIN TODAY PEOPLE: MSNBC SHAME ON YOU.

READ THE ENTIRE STORY AT:

http://mediamatters.org/items/200903070004



MSNBC continues to use misleading charts suggesting Obama is responsible for Dow's decline.

Summary: In the past few days, MSNBC has repeatedly used misleading graphics of the Dow Jones industrial average showing a decline since the beginning of November 2008, suggesting that the drop started with the election of President Obama. In fact, the Dow was on a downward trajectory months before the election, dropping 3,738 points from May 2, 2008, to November 3, 2008.

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Contrary to the suggestion that the Dow started to decline with the election of Obama, the Dow from October 2007 to the present shows a downward trajectory occurring before Election Day:



As Media Matters has noted, other media outlets, including Bloomberg News and FoxNews.com, have echoed this misleading claim, which also has been highlighted by Matt Drudge.

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