Timothy Egan, liberal New York Times reporter turned left-wing Times columnist, made Friday's paper accusing some conservative Republicans born disadvantaged as being "Traitors to Their Class." Egan's columns are typically online only, but the paper liked this one enough to feature in print. One can see why; it has the easy, superior mockery of Republicans who grew up poor but have the audacity to insist on free market solutions to poverty, as opposed to raising the minimum wage, and with a bloody Marxist edge: Not only are these Republicans wrong about economics but they are in fact "traitors to their class" who "actively despise the poor."
Wages & Prices
Apparently, the sheer number of weak to awful economic reports seen during the past month or so finally led Josh Boak at the Associated Press, aka the Administration's Press, to acknowledge that "critical pieces of the economy remain troubled almost six years into the recovery."
Boak's belated timing is interesting, to say the least, given that the Federal Reserve is weighing whether or not to raise interest rates for the first time in six years several months from now.
As we know - America’s media is for the most part decidedly Leftist, often befuddled and rarely right. So when they wade into an intricate issue like President Barack Obama’s Net Neutrality Internet power grab - we can only expect even more Leftism, befuddlement and wrongness.
On February 26, the Obama Administration’s Federal Communications Commission (FCC) pretended to be Congress and rewrote law. To suddenly start regulating the Internet under the 1934 Telecommunications Act - under rules written to regulate the landline telephone.
The business press's ability to keep up the appearances of "recovery is just around the corner" for over 5-1/2 years has been simultaneously amazing and disgusting. One of their strategies has been to define a "new normal" which is only presented that way because everyone knows deep-down that as long as the left controls economic policy, the nation's economy won't ever really get any better than it currently is. Another involves lowering the bar. An example of that would be the ridiculous new definition of full employment as representing an unemployment rate of 5.5 percent.
A third tactic, demonstrated in a Thursday Bloomberg report, is to feign ignorance.
After yesterday's government report on economic growth reduced the fourth quarter's originally estimated increase in gross domestic product from an annualized 2.6 percent to 2.2 percent, you just knew that the Associated Press, aka the Administration's Press, would try to ride to the rescue.
Late Friday afternoon, the AP's Martin Crutsinger gamely tried to concoct five reasons why we shouldn't worry our pretty little heads over a growth figure which confirms that the worst post-World War II recovery on record continues to be the worst post-World War II recovery on record. He only came up with four highly questionable reasons, while pretending he still had five (bolds and numbered tags are mine; I also numbered the reporter's reasons):
Who said: "I've always believed the decline of the middle class could be tied to the decline of unions. And when you have 7%, 8% of the work force in unions, when you have CEO pay going up to record heights, you're going to have a hollowing out of the middle class." Was it a. Elizabeth Warren; b. Robert Reich; or c. Ed Schultz?
Correct answer: d. None of the above. It was Joe Scarborough on today's Morning Joe. Scarborough prefaced his lament over the decline of unions by saying "It's been well-documented on Twitter: I'm a right-wing Republican stooge." Translation: to my liberal critics out there, see: my heart's in the right [left] place when it comes to unions.
All three major broadcast networks took time during their post-Oscars stories on Monday night to mention actress Patricia Arquette’s calls for “wage equality” and “equal rights for women,” but it was the CBS Evening News that went one step further by devoting a whole segment to the topic and used loaded statistics to craft a one-sided argument to prop up Arquette’s rant. Anchor Scott Pelley noted her as one example of how award winners “used the national stage as a soapbox” and gushed that “she has point” when it comes to the issue of what men and women earn.
The Seattle Seahawks yesterday - in a moment of profound foolishness - forsook Beast Mode for Least Mode. And it cost them the Super Bowl. But they can take ever so slight solace - the Media has been in Least Mode for decades.
This has been on prominent display throughout the Barack Obama Administration - and certainly when it comes to the Administration’s many, MANY unilateral power grabs.
First, a bit of a Constitutional primer for a Media that seems to desperately need it. Congress is the Legislative Branch. They write laws - which the President then signs. Said President presides over the Executive Branch. His many, many, MANY Departments, Agencies, Commissions and Boards are then - and only then - charged with executing the legislation Congress first composed.
Even Charles Babington at the Associated Press, for once not the completely beholden Administration's Press, seemed to be having a hard time buying what Democrats at a meeting in Philadelphia were selling. Unfortunately, he decided to let Joe Biden's direct contradiction of his party's congressional delegation's sunnyside-up stance on the economy go unreported.
In a video carried at the Weekly Standard, Biden said, "To state the obvious, the past six years have been really, really hard for this country, And they've been really tough for our party. Just ask [former DCCC chair] Steve [Israel]. They've been really tough for our party. And together we made some really, really tough decisions -- decisions that weren't at all popular, hard to explain." Despite how "really, really hard" it has all been, the party is attempting an "in your face" at those who want to claim that it has been that way because of the Obama administration's economic policies. Excerpts from Babington's AP report follow the jump (bolds and numbered tags are mine):
If someone fools you once, shame on them. If they fool you with the same trick a second time, shame on you. If they "fool" you a third time — well, you must be in on it.
That's my take on Bloomberg News's virtually euphoric reaction to yesterday's new-home sales release from the Census Bureau. The wire service's Shobhana Chandra celebrated how seasonally adjusted December sales were at "the highest level in more than six years." The problem is that the bureau reported the same development two other times in 2014, only to see each improvement disappear in subsequent revisions. Excerpts follow the jump (bolds are mine):
It would seem that the conversation at Politico went something like this: "Hey, we need to hit the Obama administration for the havoc its policies have wreaked on the middle class. But we can't go after them too hard, because that might burn some bridges, and we'll lose our stenographer — er, journalistic — access. So we need to use someone sympathetic to Democrats who will know how not to go over the line."
They chose contributing editor Zachary Karabell, who during most of his writeup did a presentable job of being not too critical while posing as an objective observer — that is, until his final four paragraphs.
Someone looking at the annual "Union Members" report released this morning by the Department of Labor's Bureau of Labor Statistics would logically conclude that 2014 was a year organized labor would rather forget.
While average nonagricultural wage and salary employment increased by over 2.32 million from 2013 to 2014, union membership only went up by 48,000, or about 2 percent of the nationwide increase. Additionally, the private sector's 41,000-person pickup in union membership was only 1.6 percent of its total 2.55 million increase. Yes, that means that public-sector union membership increased a bit while public-sector employment declined by 226,000. Of course, no such decidedly negative nuggets made their way into Labor Secretary Tom Perez's press release or Tom Raum's Associated Press report, excerpts of which follow the jump (bolds and numbered tags are mine):