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    The New Obama Narrative: “Change” was an Understatement

    As the White House moved on a number of economic fronts last week, the financial meltdown and Obama’s big speech accounted for nearly half the news agenda. And the media distilled an unmistakable message about the direction of the new administration.

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    The News Narrative Turns Bearish on Obama

    It wasn’t much of a honeymoon, at least so far. And nowhere did the discussion of the economic crisis and the new Administration seem to beat up the President more roundly than in the studios of cable talk shows and, of course, on the radio.

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    The Economic Crisis Returns with a Vengeance

    One week after Barack Obama’s swearing in, the battle over a stimulus plan restored the financial meltdown to a dominant role in the news agenda and triggered early questions about the President’s political skills. In the media narrative, the honeymoon chapter seemed over before it began.