Economy

There was a lousy jobs report from the Labor Department last Friday that has led some people to fear the already soft economic recovery might be slowing down. Despite this, ABC's George Stephanopoulos, during a lengthy This Week interview with Barack Obama senior adviser Dan Pfeiffer Sunday, didn't ask one single question about that report or the state of the economy.

CNBC’s Jim Cramer made a statement on NBC’s Meet the Press Sunday that likely shocked the host as well as the other liberal media members involved in the discussion. After David Gregory mentioned Friday’s lousy unemployment report, Cramer said, “This is stunning. Stunning. And I think a lot of it had to do with fearmongering” (video follows with transcribed highlights and commentary):

I guess Byron Tau thought he had to make it look like Big Labor is really, really mad at President Barack Obama and the White House so he could make Obama look like he's a moderate on economic and fiscal issues. Thus his Sunday morning post's headline: "Labor targets Obama over proposed benefit cuts." Of course, they aren't "cuts" at all, though they are being portrayed as such. All Obama has…

The disgraceful lengths to which writers in the establishment press will rewrite history to paper over the economy's awful performance during the past five years is perfectly illustrated in one paragraph found in an otherwise decent Associated Press "Big Story" report ("Dropouts: Discouraged Americans leave labor force") Saturday evening by Paul Wiseman and Jesse Washington, with help from…

After telling the world on Thursday that "Gone are the fears that the economy could fall into another recession," it seems that the Associated Press's Christopher Rugaber needed some help explaining away Friday's weak jobs report from the government's Bureau of Labor Statistics. The AP had four reporters on Friday evening's coverage, all seemingly in search of a viable excuse for another "…

Oops. Good Morning America on Friday preemptively announced "expected" job creation for the month of March totaling 190,000. In reality, 88,000 jobs were created. The ABC morning show was only off by 102,000 jobs. At 7:10am, about 75 minutes before the release of the actual numbers, reporter Linzie Janis insited, "The government's jobs report is out this morning. It's expected to show that 190,…

Well, we can stop worrying about the economy now. Write it down. Chris Rugaber at the Associated Press, aka the Administration's Press, tells readers today that the business cycle has been repealed. That's right. As of now, "Gone are the fears that the economy could fall into another recession." Even giving him the benefit of the doubt that he only meant to refer to the short- or intermediate…

Most Americans would agree that a federal study -- burning through hundreds of thousands of taxpayer dollars by the way -- on duck penises is not exactly a high priority when we need to get our fiscal house in order. But Patricia Brennan would disagree with you, and she took to the liberal online journal Slate to do so last Tuesday. Wait, did I mention that Brennan has a vested interest in…

Yesterday, Juliet Eilperin wrote for the Washington Post that “the public interest in climate change is waning.”  Posted to Chris Cillizza’s Fix blog, it’s odd that Eilperin didn’t use any hard numbers in this piece.  Citing Pew, she did say that support has dropped six points since last October, but what, pray tell, was the support at that time?  Ten percent? Twenty-five? Maybe she omitted…

To his credit, the Washington Post's Zachary A. Goldfarb reported yesterday that the Obama administration is possibly repeating the same policy mistakes that sank the housing market.   To get to the heart of the matter, our national housing bubble quickly inflated as a result of too many people with poor credit buying homes that they couldn’t afford.  As that number multiplied, banks created…

New York Times columnist Paul Krugman was giddy over a triumph of the liberal vision in the supposedly resurgent California economy in Monday's "Lessons From A Comeback." The state has overcome a "fanatical conservative minority" to push through "desperately needed tax increases." But is California really back? ....California has been solidly Democratic since the late 1990s. And ever since…

A question with a more obvious answer might yet be asked on national TV this morning, but someone's going to have to try very hard . . . On today's Morning Joe, during a segment on the Atlanta school-test scandal, Mike Barnicle actually wondered out loud why more top college grads take jobs with high-tech firms like Google, or in the financial-services sector, instead of teaching. Barnicle…

Sometimes liberal bias goes so far it actually becomes absurd, like Roseanne Barr saying that she would bring back the guillotine in order to behead any rich people who wanted to keep more than $100 million of their own money. She set the bar (or the guillotine) higher than her $80 million net worth. But it wasn’t just extreme left-wing celebs like Roseanne and Michael Moore, news anchors and…