Economy

On the Nov. 5 edition of CNBCs “Squawk Box,” former CEO of GE Jack Welch guest hosted and did not shy away from his opinions of the current administration. Welch emphasized the great opportunity America has with natural gas and how some of Obama’s proposed green energy bills pose a great threat to the economy. One of those big threats, according to Welch, is the Ozone regulations bill, which…

The New York Times leaned "Forward!" for Barack Obama's reelection in its campaign coverage over the weekend. The front of the paper's Saturday Election 2012 section featured a large photo from an Obama rally of a volunteer handing out flags at a fairground rally in Hilliard, Ohio on Friday. The caption noted "A crowd of 2,800 showed up to see Mr. Obama." Meanwhile, campaign reporter Ashley…

The nation’s leading newspapers really didn’t want to highlight the unemployment rate going back up to 7.9 percent. On the front of Saturday’s Washington Post, the headline was “Report shows Oct. job growth.” The New York Times wouldn’t even put the news on the front page. Up front was a tiny headline, “Job Growth Tops Estimates.” The Times shifted the story to B-1 with the headline “U.S.…

The ignorance and blind sycophancy of Bill Maher knows no bounds. On HBO's Real Time Friday, the man who proudly gave a million dollars to Barack Obama's Super PAC said on national television, "Who cares what somebody in his administration wrote down on a piece of paper and predicted?" (video follows with transcript and commentary):

ABC, CBS and NBC did their part Friday night to minimize the negative impact to the Obama campaign from the rise in the unemployment rate from 7.8 to 7.9 percent in October. ABC anchor Diane Sawyer allocated a piddling 18 seconds to the news as she characterized the 171,000 jobs growth as “beating predictions,” NBC’s Brian Williams stressed how the 171,000 additional jobs number “was better…

On the Nov. 2 edition of CNBCs “Squawk on the Street,” former chief economic advisor to George W. Bush and Hoover Fellow Ed Lazear commented that today’s jobs report may not be as good as the Obama administration and media make it out to be. “You have to think about how much do you need to keep employment constant as a proportion of the population,” he stated.

For the second night in a row, Jay Leno hit Barack Obama for the lousy economic conditions in the nation. During his opening monologue, the Tonight Show host joked about a trick or treater playing dead on his porch Halloween night claiming to be the economy (video follows with transcribed highlights and commentary):

After the last jobs report before the election, CNN's Soledad O'Brien tried to be positive even with high underemployment and unemployment rates. On Friday's Starting Point, she ridiculously cast underemployment moving down one tenth of a percent to 14.6 as "improving." "Underemployment which was 14.7 percent, now 14.6; labor force participation, as well, that's better. Are you feeling…

Presidential elections have been won or lost due to the economy. Herbert Hoover lost to Franklin Delano Roosevelt. Jimmy Carter lost to Ronald Reagan. This election season is no different as polls, including a recent one from NBC News/Wall Street Journal, continue to show the economy is the top concern of voters. But the network news media often skew economic coverage in favor of liberal…

One of the negative features of the current economic recovery has been declining incomes of average Americans. This trend continued in October.

On Thursday, I wrote a piece exposing several factual errors in Andrew Sullivan's recent love letter to President Obama. Sullivan responded hours later:

As NewsBusters has been reporting, Jay Leno has been hitting Barack Obama hard during his opening monologues lately. On Wednesday's Tonight Show, the host once again took aim at the President's horrible economic record (video follows with transcript and commentary):

CEO Sergio Marchionne of Fiat, the parent company of the U.S. government bailed-out Chrysler, got two unexpected and undeserved breaks from Craig Trudell at Bloomberg yesterday. The first was the story's presidential election-driven focus in its headline ("Chrysler CEO Reiterates Jeep Production Staying in U.S.") and first five paragraphs on Fiat's plans to manufacture vehicles in China for…

Toledo Blade reporter Tyrel Linkhorn got sucked in by Fiat CEO Sergio Marchionne's misleading email to Chrysler employees today. The Politico's Alexander Burns relayed Linkhorn's gullibility to the rest of the nation -- or at least the few people scattered throughout the nation who might bother to read it. Marchionne, as quoted by Linkhorn told employees that "Jeep assembly lines will remain…