Couldn’t Help But Comment (050908)

So the New York Times, as it lays people off, partially blames Bush — falsely, of course:

A little over two months ago, I told you that we would have to reduce staff within the newsroom by roughly 100 jobs given the difficult financial challenges facing our business and the deteriorating national economy.

Our hope, as you know, was that we could trim our payroll by encouraging enough volunteers to accept buyout offers. While the overwhelming majority of our reductions did indeed come from volunteers, we have been forced to resort to a relatively small numbers of layoffs to meet our assigned goal. (We are not going to discuss numbers or the details of the staff reduction, nor will we be releasing a list of names.)

Earth to Times: Stop reading your own bogus economic articles. Things are improving, not deteriorating, and the “challenges facing (y)our business” haven’t stopped your two Gotham rivals from holding their own.

The Times has been catching flak (HT Instapundit) for not releasing the names, and somewhat deservedly so, since it would release the names of those laid off at other companies, especially unfavored ones, in a heartbeat if it ever got its hands on such a list (or at a minimum would hound each released employee for an interview in search of dirt).

My bigger beef is that in a truly professional organization, the Times, as a company, would be giving them professional send-offs and good-luck wishes, including letting the employment market know who’s available publicly (unless the person involved wished otherwise). But the Times is not a professional organization.

The Times’s Newspaper Guild thinks the “Company appears to have violated (the) contract” in its handling of the layoffs.

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Speaking of the Times — On Wednesday, it had a rare example of pretty decent business commentary by the Times’s David Leonhardt, who nonetehless still owes us a retraction of his bogus “manufacturing recession” call over a year ago) —

….. when the new inflation numbers come out next week, they will indeed be misleading. They will be artificially high.

Rhetorically excessive question: “How much inflation has there been in the 19 years Wendy’s has had its 99-cent menu?” Yeah, I know it’s more than zero; but it’s barely so.

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The rebuilding of the Interstate 35W bridge in Minnesota is an ahead-of-schedule, temporary privatization success.

Locally, we should be treating the rebuilding/replacement of the Brent Spence Bridge connecting Cincinnati and Northern Kentucky similarly. It certainly shouldn’t take seven freaking years — until construction (hopefully) begins (not kidding).

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As he was on Wednesday, the Associated Press’s Martin Crutsinger was still “clinging to recession” on Thursday in his report on unemployment claims:

Many economists believe that a prolonged housing slump and severe credit crisis have pushed the economy into a recession. For that reason, they believe job layoffs will rise in coming months as the unemployment rate climbs higher.

Ian Shepherdson, chief U.S. economist for High Frequency Economics, said that even with the improvement this week, claims are now at a level equal to where they were at the start of the last recession in March 2001. He predicted that layoffs would increase further in coming months.

Mr. Shepherdson failed to note that:

• The workforce is 4%-plus bigger now than in March 2001, so current per-capita claims aren’t up to that level.
• Even though there never were two consecutive quarters of GDP contraction (the everyday working definition of “recession”), the alleged start of the “recession,” as “defined” by the “nonpartisan” National Bureau of Economic Research, should have been sometime during the summer of 2000.

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RIP Lynne Harvey, wife of legendary broadcaster Paul Harvey:

She was the first producer to enter the National Radio Hall of Fame and was inducted in 1997.

….. Bruce DuMont, (Radio Hall of Fame) museum founder and president, said Lynne Harvey was “one of the most remarkable behind-the-scenes talents in the history of American broadcasting, both radio and television.”

….. “She was to Paul Harvey what Colonel Parker was to Elvis Presley.”

DuMont called the Harveys’ relationship “probably the greatest love story that I’ve ever experienced.”

Her Hall of Fame bio is here. “The Rest of the Story” was her brainchild.

Husband Paul called her “Angel.” In her industry, she was “The First Lady of Radio.” Her passing should be receiving much more notice than it is.