Steven Pearlstein

Washington Post Headline Encapsulates Press Corps Attitude

As the weekend ends, catching up with a Wednesday Washington Post article which encapsulated how journalists are revolted by conservative economic policy and upset at how an aversion to tax hikes may prevent passage of Obama's health care takeover. “Health Reform Threatened by Conservatives' Anti-Tax Fantasy” read the headline over a Wednesday “Business” section column by Steven Pearlstein, a former reporter now freer to express his personal opinions which likely reflect the perspectives of his colleagues still in daily journalism.

Lead paragraph of Pearlstein's July 29 column:

Nothing has been more damaging to rational discourse about economic policy than the notion, peddled relentlessly by Republican conservatives and accepted by too many centrist Democrats, that raising taxes is always and everywhere bad for the economy.

WaPo Business Columnist Tells David Gregory Taxes Are Going Up

As Tea Parties ensued from coast to coast last week, the Obama administration and their media minions depicted attendees as not understanding that the new president has decreed taxes will be going down for 95 percent of Americans.

On Sunday's "Meet the Press," Washington Post business columnist Steven Pearlstein let the cat out of the bag: Tea Partiers are right. Taxes are going up.

This revelation occurred after host David Gregory said to the Post's Pulitzer Prize winner, "There may be doubts about President Obama, but he is cutting taxes."

Pearlstein responded:

Pulitzer-Winner Blames Those Who 'Refuse to Raise Taxes'

Washington Post business columnist Steven Pearlstein, who won the 2008 Pulitzer Prize for commentary, on Friday contended “it is not the protectionists of the AFL-CIO or CNN who are primarily to blame for the erosion of public support” for free trade, instead:

The blame lies squarely with a business community that continues to support Republican politicians who refuse to raise the taxes and spend the money necessary to provide the economic safety net for American workers that a free-market economy has not, and will not, provide.

In his column bannered across the top Friday's “Business” section, “Wave Goodbye to the Invisible Hand” Pearlstein argued that “just as the Gilded Age gave way to the Progressive Era and the New Deal gave way to the post-war era of big government, big business and big labor, the current era of free-market capitalism seems to be giving way to something else” as “the larger truth may be that the social and economic costs of the next increment of globalization probably outweigh the benefits for many people, and that reality has now been reflected in the political marketplace.”

Doom and Gloom Opining Wins WashPo Columnist a Pulitzer Prize

Congratulations to The Washington Post's Steven Pearlstein - being on the "economy is destined for calamity" bandwagon early. It has won you a Pulitzer Prize.

Pearlstein was named as one of the recipients of the 2008 Pulitzer Prizes, for his columns on the nation's economic problems. Granted, Pearlstein called the fundamental problems with some of the shenanigans going on in the home mortgage early. But, he hasn't stopped there.

If you keep banging the downbeat economy drum, you'll be rewarded. According to the Pulitzer Prize citation for his award, Pearlstein was awarded the most coveted award in print journalism for "his insightful columns that explore the nation's complex economic ills with masterful clarity."

Post Business Columnist Hopes Financial Markets 'Burn, Baby, Burn'

The financial sector must “burn, baby, burn” to teach financial professionals a lesson about priorities and motives, according to a reporter-turned-columnist for The Washington Post.

Steven Pearlstein, a one-time reporter for the Post who now pens a column for the newspaper, wrote February 20 that “the best thing that could happen to our economy is for a dozen high-profile hedge funds to collapse; for investment banking to enter a long, deep freeze; for a major bank to fail; and for the price of a typical Park Avenue duplex to fall by 30 percent.”

“For only then,” Pearlstein wrote, “might we finally stop genuflecting before the altar of unregulated financial markets and insist that Wall Street serve the interest of Main Street, rather than the other way around.”

He didn’t explain how hedge funds collapsing or banks failing would help Americans. Instead, he opted to cheer for a situation that would see millions of people suffer, admitting his was a “harsh and vengeful solution, and there will be lots of collateral damage.”

WaPo's Pearlstein: Fred Thompson a 'Joke,' and a 'Nothing-burger'

Never doubt the left-wing tilt of the Washington Post - even the Business section. Today's Steven Pearlstein column delivered the almost universal left-wing outlook on yesterday's GOP debate.

It was bad enough that moderator Chris Matthews didn't ask enough business/economy questions - choosing instead to dwell on capturing Osama or inside baseball about politics. But Pearlstein took a noxious outlook on the debate and blasted former Sen. Fred Thompson in a chat that followed.

"The truth is, when you compare Ron Paul to Fred Thompson on substance, Thompson comes across as a nothing-burger," Pearlstein said during the Post chat. Later on, he got even more mean-spirited.