Economy

During a panel discussion on Amazon.com offering discounts to consumers who are parents -- a discount mechanism completely on the honor system since the company cannot verify claims of parenthood -- MSNBC The Cycle co-host Toure Neblett justified lying to take advantage of the discount, saying "nobody was getting hurt here." "If a lie is being told to a corporation, it's not really a lie,"…

All those sanctimonious tears shed by Democrats over how the government shutdown hurt Americans? Turns out they were of the crocodile variety. Ed Schultz gave away the game in opening his MSNBC show tonight. Avoiding another shutdown is "bad news" for Democrats, said Schultz.  View the video after the jump.

Pope Francis, in his apostolic exhortation, levied charges against free market capitalism, denying that "economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world" and concluding that "this opinion ... has never been confirmed by the facts." He went on to label unfettered capitalism as "a new tyranny." Let's look at…

On the Friday, December 13, PoliticsNation, the Washington Post's Dana Milbank joined host Al Sharpton in complaining that conservatives "demonize" people who receive welfare benefits as the two discussed efforts to restrain welfare spending. Sharpton posed:

Entering the world of official Washington is a bit like the mythical trip Alice took through the looking glass. Everything is upside-down and nonsensical. This was highlighted most recently in a Wall Street Journal article about how the American people have "a deepening distaste for all Washington institutions" and "angst over Washington dysfunction."

Print, broadcast or web, the media sure aren’t Nostradamus. In spite of their best attempts, the news media have gotten it wrong prediction after prediction on a wide range of business and economic issues in 2013. Just in the past year, reporters warned of “economic doomsday,” thought Healthcare.gov was going to be “easy” just like Amazon.com, and warned of melting polar ice, even as a new…

ABC This Week viewers were treated to a classic conservative versus liberal debate Sunday. When former Clinton labor secretary Robert Reich tried to blame the increase in poverty in the past five years on Republicans, former Speaker of the House and current CNN host Newt Gingrich called it "baloney" firing back, "Every major city which is a center of poverty is run by Democrats" (video…

The nation's press has long since stopped paying any attention to what has actually happened in the wake of the outrageous Kelo vs. New London Supreme Court ruling in June 2005. The court's majority wrote that "The city has carefully formulated a development plan that it believes will provide appreciable benefits to the community, including, but not limited to, new jobs and increased tax…

In mid-November, Americans for Tax Reform compiled a list of federal spending on state Obamacare exchanges totaling a breathtaking $4.5 billion. One number on the list stands out from the rest — and it's not California's, though its $910 million amout is awful, disproportionate, and surely highly wasteful (before considering scalability concerns, the fixed costs of building a web site…

On Tuesday's All In on MSNBC, during a discussion of the federal budget and spending on poverty programs, host Chris Hayes suggesting reducing unemployment by having the government hire workers as he jokingly suggested having another census because unemployment dropped the last time census workers were hired. After guest Tom Colocchio of Food Policy Action called for more "job training…

It’s typical of MSNBC weekend anchor Alex Witt to invite guests on her show who only reinforce her opinions, and that is exactly what happened on Sunday’s Weekends with Alex Witt. For a discussion of Democratic efforts to increase the minimum wage, Witt brought on frequent contributor Jared Bernstein, Vice President Joe Biden’s former chief economist.  But that’s not all he is. Witt added…

Monday evening at the Associated Press, aka the Administration's Press, Hope Yen, with the help of lead AP pollster Jennifer Agiesta and three other reporters, tagged 20 percent of Americans as "rich." To do so, she reinvented what it is to be "rich" or "affluent." It apparently has nothing to do with how it is normally defined, i.e., based on current net worth (assets owned minus debts owed…

This month, the Boston Globe and the New York Times have published items on the growth of homelessness in the state of Massachusetts and New York City, respectively. Based on the content of each, it's clear that the topic was ripe for coverage in 2012, but received little if any. I wonder why? (/sarcasm) The Globe's regular-length news story by Megan Woolhouse and David Abel cited the state's…

A liberal radio host raved over CNN's completely one-sided report on striking fast food workers, and CNN anchor Chris Cuomo acknowledged his praise on Twitter on Thursday. Cuomo constantly rails against partisanship on Capitol Hill, so it's surprising that a news anchor who wishes to appear above the fray would publish some love from an unabashedly left-wing source. And why did the radio…