Steven Pearlstein

Brown's Win Evidence of 'Wretched' State of the Union, Whines Washington Post's Pearlstein

Scott Brown replacing Ted Kennedy in the Senate really irritates the Washington press corps, as evidenced by Washington Post business section columnist Steven Pearlstein, who in Wednesday's paper cited Brown's victory as an example of the “wretched” state of the nation while he scolded Massachusetts voters for selfishness in picking Brown to replace Kennedy who had fought “for social justice.”

In “The State of the Union speech Obama would give in a more honest world,” Pearlstein, a former reporter who won the 2008 Pulitzer Prize for commentary, recommended President Obama begin: “My fellow Americans, the state of our union is...well, quite wretched at the moment.” Amongst the “wretched” indicators:

Massachusetts, which for nearly half a century proudly sent a senator to Washington to fight for social justice and universal health care, has chosen as his replacement someone who campaigned in effect on the slogan “We've got ours, so the hell with everyone else.”

WaPo Columnist Smears GOP as 'Political Terrorists' on Health Care, But His Own Data Is Dubious

In Friday’s Washington Post business section, columnist Steven Pearlstein — who last week condemned the conservative “fantasy” that raising taxes is damaging to the economy — blasted Republicans as “political terrorists” who are “poisoning the political well” by peddling “lies” about liberal health care plans, lies that are “so misleading, so disingenuous, that they could only spring from a cynical effort to gain partisan political advantage.”

"As a columnist who regularly dishes out sharp criticism, I try not to question the motives of people with whom I don't agree," Pearlstein claimed before warning: "Today, I'm going to step over that line."

But the “facts” Pearlstein uses to slam the anti-ObamaCare “terrorists” line up better with Democratic talking points than the analysis of non-partisan sources such as the Congressional Budget Office (CBO). For instance, Pearlstein claims it is a lie that the Democratic bills would push people out of private insurance, that it is a lie that the price tag is $1 trillion, and trumpets “offsetting savings” as bringing the cost down to “less than 1 percent of a national income that grows at an average rate of 2.5 percent every year.”

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.