Economy

  Although most of the evening newscasts on Tuesday and morning shows on Wednesday ignored Barack Obama's plan for a "grand bargain," ABC's Good Morning America covered the latest budget move and wondered why Republicans would "reject a tax cut for corporations." Reporter Jim Avila offered an incomplete description of the President's latest plan, citing personal animus on the part of the…

Even though President Obama promised a cut in the corporate income tax on the campaign trail in 2012, the media are playing up as a "grand concession" or "grand bargain" his offer to Republicans to cut the federal levy in exchange for a boatload of new deficit spending -- and hidden taxes. On Tuesday evening, Fox Business Network anchor Neil Cavuto brought NewsBusters publisher Brent Bozell on…

MSNBC contributor Joy Reid continued her daily assault on Republicans Tuesday on Martin Bashir, comparing Republicans to chain smokers and blasting the GOP for its resistance to President Obama’s economic agenda. Reid argued that offering Republicans tax cuts is “like offering a chain smoker a cigarette,” pushing the same anti-GOP rhetoric she’s known for on the Lean Forward network. [Video…

Commenting on the current clash between Rand Paul and Chris Christie over pork-barrel spending, Joe Scarborough has managed to insult both combatants. On today's Morning Joe, Scarborough called Rand Paul a "daddy's boy."  And in warning Paul not to pick a fight with Christie, Scarborough cited a saying to the effect that you should never fight with a "pig," because "you both get dirty and…

During the Obama administration's 4-1/2 year track record of economic underachievement, establishment press business reporters have usually waited until the bad news actually comes out before working on convincing readers that future news will be better. Not this time, at least at the Associated Press, aka the Administration's Press. Christopher "Gone are the fears that the economy could fall…

As members of America’s news media fail to recognize that Detroit went bankrupt due to decades of Democratic Party rule, they’ll probably execute the same protocol when they cover Illinois’ pension fiasco, which happens to be the worst in the country. In fact, it’s so bad that the Illinois Comptroller has told legislators that they won’t be paid until this matter is resolved. Democratic…

Organizing For Action claims that its mission is to "support President Obama in achieving enactment of the national agenda Americans voted for on Election Day 2012." Presumably, on a day-to-day and month-to-month basis, that means it's able to divine the President's priorities and follow them (you see, OFA is "independent," so there can't pooooossibly be any communication between its officials…

Just over a week ago, MSNBC's Melissa Harris Perry claimed that Detroit's bankruptcy is a result of "when government is small enough to drown in your bathtub," and analogized it to "exactly the kind of thing that many Republicans would impose on us." The truth, of course, is that Detroit has had quite a large government. It also had and still has frightening rates of violent and nonviolent…

If you've been wondering where the Associated Press's 2013 entry into the "Worst AP Report Ever" contest has been hiding, have no fear. It's here. Oh, it's not as bad as the current worst-ever leader, the laughably execrable "Everything seemingly is spinning out of control" in June 2008. Nevertheless, it's a "strong" entry -- as in almost indescribably weak as journalism. The AP's (Abandon…

ABC This Week viewers on Sunday were treated to a classic socio-economic debate between liberals and a lone conservative. With the issue at hand being Detroit's announced bankruptcy and whether the federal government should bail it out, the liberal view was championed by the Nation's Katrina Vanden Heuvel and MSNBC's Steve Rattner. On the right was George Will who clearly won the scrum…

"I think every president in the intense media environment we have now, certainly every two-term president, gets to a point where the American people stop listening, stop leaning forward hungrily for information. I think this president got there earlier than most presidents. And I think he's in that time now." So said the Wall Street Journal's Peggy Noonan on ABC's This Week Sunday.

Has Glenn Thrush at the Politico thrown up the white flag on Democrats regaining control of the House until 2022, the first election cycle after the next wave of congressional and statehouse redistricting? If so, he clearly underestimates Republicans' ability to snatch defeat from the jaws of victory, but I digress. It would appear that Thrush has thrust himself into the throes of despair,…

Jay Leno once again took some comedic swipes at the current White House resident Friday. During his NBC Tonight Show monologue, the host said, "In his speech about the economy, President Obama said we've all been distracted by phony scandals, and it's time we started getting distracted by the phony recovery."

MSNBC’s Chris Matthews apparently forgot that at the beginning of the year, a variety of tax increases hit virtually every wage earning American. Fortunately for the limited number of Hardball viewers Thursday, former Republican National Committee chairman Michael Steele was on the set to offer the truth telling his clueless host, “Everybody’s taxes went up at the beginning of the year, so…