Economy

In January my colleague Clay Waters noted how New York Times economics reporter Eduardo Porter called for Americans to pony up more in taxes in a piece headlined, "A Tax Bite Tailored To Help All." Porter is back at it again today in a Business Day section front-pager headlined, "The Trouble With Taxing Corporations." "We have a tax problem; we are not collecting enough tax revenue -- period…

Martin Bashir on Tuesday said New York Times columnist Paul Krugman "deserves the Nobel Peace Prize." Yes, the MSNBC host said Peace Prize - not one for economics - all because the perilously liberal economist has advocated more deficit spending and even more federal debt to stimulate the economy (video follows with partial transcript and commentary):

On Tuesday's CBS This Morning, John Dickerson spun a front page scoop from the Washington Post that spotlighted the several private meetings that a top Obama health care adviser had with investment firms on the future implementation of ObamaCare: "It's a little hard to see what those investment firms got that wasn't already publicly available." The liberal CBS political director brushed…

In "Go Ahead, Invade Their Phone Records: AP Reports Obama Has 'Alleged Scandals' and 'Alleged Misbehavior,'" Tim Graham at NewsBusters noted how Tom Raum at the Associated Press, aka the Administration's Press, claimed that "Alleged misbehavior by the Internal Revenue Service and other federal agencies gives the GOP something else to talk about and investigate as the economy clearly, if slowly…

Generally speaking, we try to avoid mentioning shrill leftist New York Times columnist Paul Krugman, not because he makes no absurd statements but because he makes so many of them. An exception to this rule must be made, however, thanks to an excellent piece by economist Robert P. Murphy in the American Conservative headlined “Heads Krugman Wins, Tails ‘Austerity’ Loses.” In the past several…

"Pay attention to Senator Cruz because he is the unsmiling, contemptuous face of the wild, nasty, hard-right fringe of a Party that once competed with the Democrats to be the country’s governing Party." So said MSNBC's Chris Matthews on Friday's Hardball (video follows with transcript and commentary):

Recent college grads are in a tough spot, with student loans that need repayment and an economy that is leaving many of them underemployed or worse. But the network news media have exaggerated individual burdens of student debt by using examples of enormous rather than average debts. They’ve also often ignored systemic problems that have led to the “crisis” of student loan defaults, at the same…

On May 13, the New York Times continued their campaign against Sen. Ted Cruz by misrepresenting his opposition to the Marketplace Fairness Act.  Over the past few months, the Times has published numerous pieces blasting the Texas senator, which is the price you pay in the liberal press for having a backbone concerning defending your conservative beliefs. As the conservative-leaning…

As the media, by and large, ignores the train wreck that is on the horizon with ObamaCare, yet another union has jumped ship on the president’s health care overhaul.  Back in April, you may recall, the United Union of Roofers, Waterproofers, and Allied Workers officially said thanks but no thanks to the president’s plan. Well, now, a major labor union in the grocery industry is balking at the…

Former Secretary of Defense and CEO, Donald Rumsfeld has a brand new book focused on business, politics and more. In “Rumsfeld’s Rules: Leadership Lessons in Business, Politics, War, and Life,” released on May 14, Rumsfeld expounded on capitalism, and why we need more people to defend it in our society. “I suppose if more business leaders defended capitalism, there might not be quite as many…

Former Republican presidential nominee Mitt Romney was Jay Leno’s guest on the Tonight Show Friday, and he didn’t have kind things to say about the current White House resident or former Secretary of State Hillary Clinton. At one point in their discussion, Romney said, "I'm not a fan of the president - in case you didn't know that."

Nothing says justice like a violent massacre of Wall Street bankers! At least, that’s what Stuart Heritage, of the UK’s left-wing newspaper “The Guardian” thinks. In his May 14 article titled “Assault on Wall Street trailer: bankers get what’s coming, Uwe Boll style” Heritage justified the rampage before the reader even started on his article. “The global financial crisis has been responsible…

Call it Luke Russert's version of "bitter clingers" on steroids . . . In Russert's world, there are apparently two kinds of Republican congressmen.  The "smart" ones—to be found on the Ways & Means Committee—and the others, whom he calls the "God, guns and guts people," presumably in reference to this book. Russert made his statement on today's Morning Joe, responding to Joe…

“President Obama has called for creation of a government wide strategy ‘to address any gender pay gap in the Federal workforce.'" Eric Yoder of the Washington Post noted in a May 14 article. That's all well and good, but nowhere in Yoder's story did he consider that there's a pay disparity problem in the White House and in Senate Democratic offices, according to investigations by the Washington…