Author Topic: PATHETIC: Sourpuss NY Times Turns Explosive Jobs Report Into Stock Market Horror Show  (Read 16 times)

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Offline rangerrebew

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PATHETIC: Sourpuss NY Times Turns Explosive Jobs Report Into Stock Market Horror Show
Joseph Vazquez
June 9th, 2026 10:17 PM
 
It doesn’t matter what day of the week it is. The New York Times will never give President Donald Trump’s economy the time of day, even if the data is clearly pointing to a significant upswing.

Following news that the economy added a whopping 172,000 jobs that completely eclipsed the consensus estimate for an 80,000 increase and saw significant upward revisions for the prior two months, Times financial markets reporter Joe Rennison published one of the newspaper’s nuttier spins, which is a feat unto itself: “Stocks Slide as Investors See Rates Rising After Strong Jobs Data.”

The story was not how the data illustrated how all the talk about an impending Trump “recession” was a load of hogwash. Instead, the story became about investors predictably getting the heebie-jeebies that a much-stronger-than-expected labor market would give the Federal Reserve less reasons to cut interest rates.

Rennison somehow found a way to incorporate the most upside-down interpretation of good news and pass it off as straight reporting:

https://newsbusters.org/blogs/business/joseph-vazquez/2026/06/09/pathetic-sourpuss-ny-times-turns-explosive-jobs-report
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