Economy

One of the more absurd spectacles in the press's coverage of the economy is the attack on the Trump White House's long-term economic growth assumptions in this week's budget release. The same reporters, pundits and outlets now ridiculing the Trump administration's belief that the economy can consistently grow by 3 percent each year beginning four years from now were stone silent when the Obama…

The U.S. economy under President Donald Trump is already showing signs of great improvement. So if you are CBS News how can you spin this good news into something resembling bad news? You might think this could be an impossible task but on the May 25 CBS This Morning, they managed to put a very creative bad news spin on the good news economy as delivered by Norah O'Donnell in the following video:

Early Tuesday evening, the non-partisan and often inaccurate Congressional Budget Office released its latest score for the revamped American Health Care Act. The big Three Networks (ABC, CBS, and NBC) were quick to latch onto the claim that 23 million people would be without health insurance. None of them mentioned how that figure comes from many people choosing not to buy the health care they…

Late Show host Stephen Colbert doesn’t hide his disdain for President Donald Trump. He celebrates it. Even the backlash over Colbert’s recent gay sex joke about Trump and Russian President Vladimir Putin did little to slow down the host’s anti-Trump monologues.

Millions of people love Apple computers and wouldn't be caught using a PC. By contrast, there are many millions of PC users who feel the same way about Apple computers. Many men like double-breasted suits, but I wouldn't be caught dead in one. Some people swear by Cadillac cars, but my favorite is Mercedes-Benz.  

The Dow Jones Industrial Average dropped sharply on May 17. The broadcasts networks all reported it that night, attributing the drop to accusations of potential wrongdoing by the president. ABC World News Tonight with David Muir blamed “turmoil” in Washington over the fact that a special counsel had been appointed that day for the Russia investigation. Former FBI director Robert Mueller was…

On May 12, California Governor Jerry Brown, during a visit to that state's Orange County, said, "The freeloaders — I’ve had enough of them." His statement came during what the Orange County Register called "an impassioned defense" of the state's recently passed "road-improvement plan. The "freeloaders" he targeted with his remark are the state's taxpayers, those who wish to recall a tax-…

In an item likely targeted for mid-morning Saturday publication in the hope that few would notice it, the Associated Press's James MacPherson covered "SIGNS OF (an) OIL BOOMLET IN NORTH DAKOTA AFTER PIPELINE FINISHED." The "pipeline" in question is the Dakota Access Pipeline the hard-left so despises. Though it inexplicably took the AP reporter four paragraphs to identify the pipeline as the DAPL…

May Day celebrations were held all across the fruited plain, with leftist radicals and unionists worshipping the ideals of communism. Communism is an ideology calling for government control over our lives. It was created by Karl Marx, who -- along with his collaborator, Friedrich Engels -- wrote a pamphlet called "Manifesto of the Communist Party." 

The Associated Press had a variety of howlers from Democrats and leftists it could have included in its May 8 (update on May 9) "fact check" roundup based on events of the past week. As those who have watched the wire service's conduct since the 2016 election campaign could have predicted, it included none, and instead solely went after the Trump administration and GOP politicians on nine…

April marked the lowest unemployment rate in a decade, but that didn’t stop one NBC news show from spending far more time covering jobs being lost to Mexico. “Hiring picked up,” that month according to CBS Evening News anchor Scott Pelley. All three broadcast network evening shows reported the “positive” jobs report which the Bureau of Labor Statistics released May 5. But the evening shows spent…

On Friday, the government reported that the economy added a seasonally adjusted 211,000 jobs, and that the unemployment rate dropped to a 10-year low of 4.4 percent. The day's press coverage had three noticeable highlights. The first was the headline at the Associated Press's coverage — "US JOBS DATA SHOW SOME SCARS FROM RECESSION FINALLY HEALING."

Our recurring joke - that is itself a ceaselessly recurring joke - is when we mention the “Media-Left,” we always follow it with “please pardon the redundancy.”  The Media-Left merger is now seamless.  I could hand you a New York Times article and a Daily Kos article - and you would be hard pressed to determine which is which (aside from the latter’s propensity for profanity). As Rush Limbaugh…

On Thursday, an Investor's Business Daily editorial cited a long list of news outlets which have recently covered the calamitous events in Venezuela, but which, in IBD's words, "continue to obfuscate, if not totally ignore" the fact that the country's implosion can be laid at the feet of one simple cause: "Socialism." One particularly appalling example exemplifying the paper's complaint came…