Economy

Former Democratic National Committee chairman Howard Dean clearly doesn't like President Obama's budget. Moments ago he tweeted his dismay actually saying, "If this is true I may have to become an independant [sic]":

A couple of weeks ago, Black Entertainment Television founder Bob Johnson, speaking at The National Press Club, said the nation "would never tolerate white unemployment at 14 and 15 percent." Black unemployment has been double that of white Americans for more than 50 years. The black youth unemployment rate is more than 40 percent nationally. In some cities, unemployment for black working-age…

Martin O’Malley’s One Maryland is a fairy tale, and Politico’s Alexander Burns and Burgess Everett are the Brothers Grimm.  In another Politico puff piece Burns, aided by “transportation reporter” Everett, uncritically report O’Malley spin as fact.   Burns and Everett overly indulge and perpetuate O’Malley’s pragmatism fetish.  O’Malley paints himself as a results oriented politician, and…

Legendary British Prime Minister Margaret Thatcher has passed away, and given that she was a conservative, PBS can’t let her go without finding some way to criticize her. On Tuesday evening’s PBS NewsHour, Time Magazine’s Rana Foroohar was brought on to discuss Thatcher’s legacy. Why Foroohar? Well, according to anchor Gwen Ifill, not only does she cover economics and business, she also lived…

Any time you see an establishment press reporter fail to use quotation marks in characterizing something said by a subject of his or her report, be on the lookout for misdirection, misinterpretation, and downright distortion, especially if the person is a conservative or Republican. A story at Politico by Donovan Slack early this afternoon about the reactions of House Speaker John Boehner and…

President Obama’s budget is finally out -- a mere 65 days late -- and it’s loaded with tax increases.  At yesterday’s press briefing, White House flack-in-chief Jay Carney admitted that middle class tax increases were coming.  But if a tree falls in the woods, does anyone hear it? Major media outlets like the New York Times, Los Angeles Times, Washington Post, and sadly even the Wall Street…

On Tuesday's The Last Word with Lawrence O'Donnell, MSNBC host O'Donnell fretted that people "suffer deprivations" in the United States because the U.S. is the "world's biggest tax haven" with a relatively low tax burden compared to other countries. After showing his viewers a chart recounting that the U.S. ranks 31st in the percentage of the economy the government collects in taxes, O'Donnell…

Karen Finney’s days as a Democratic National Committee spokeswoman are over, but you would never know that by listening to her speak in her current role as MSNBC contributor. On Saturday’s Weekends with Alex Witt, Finney essentially reprised her role as DNC press secretary during a discussion with former Rep. Tom Davis (R-Va.) about President Obama’s proposed budget. Host Alex Witt asked…

Maybe MSNBC was trying to deflect some of the controversy surrounding Melissa Harris-Perry's previous "Lean Forward" promo by pushing out a new one. MH-P had provoked outrage in that earlier promo by proclaiming that "kids belong to their communities," not to their parents. But if anything, the new promo aired during today's Morning Joe just adds fuel to MH-P's socialist fire. While claiming…

On Monday's All In show on MSNBC, host Chris Hayes praised Britain's "beloved" national health care program as possibly "one of the great hallmarks of western social democracy," as he admitted to delivering criticism from a liberal point of view of former British Prime Minister Margaret Thatcher's administration.

While most regular people don’t really know or care who he is, Rupert Murdoch is among a small handful of individuals who is most despised by the far left in this country. Unlike many others, he also has the great distinction of being loathed by exponents of socialism worldwide. After reading (or watching) the speech which he recently gave to an Australian think tank called the Institute of…

Sometimes the media will engage in selective amnesia, pretending to forget about a past occurrence because the memory of it would hurt the liberal narrative they are trying to advance. That was clearly the case on this Saturday’s CBS This Morning. The network’s political director, John Dickerson, was on to discuss President Obama’s forthcoming budget proposal, which is expected to include…

Your daily dose of inadvertent humor comes from an article by Annie Lowrey at the New York Times on Sunday evening ("Lew to Press for European Policy Changes"; also in today's print edition). In "covering" (from Washington?) Treasury Secretary Jack Lew's four-day European trip for meetings with EU leaders encouraging them to pursue "growth" policies -- which in Keynesians' fevered minds…

As NewsBusters has been reporting, the Sunday political talk shows didn't seem very interested in the lousy jobs numbers that were released by the Labor Department last Friday. By far the worst performance in this regard was turned in by CBS's Face the Nation which didn't utter one single word about the issue throughout the course of the entire one hour broadcast.