Economy

The Christian Science Monitor appears to have a problem monitoring its bloggers. Even though it asserts that its "diverse group of the best economy-related bloggers out there ... (have) responsibility for the content of their blogs," the largely respected CSM should understand that Jared Bernstein has just embarrassed it bigtime. To its credit, CSM describes Bernstein, currently a senior…

CNN host Piers Morgan argued for tax hikes during interviews with two separate guests on his Tuesday night show. The former British tabloid editor tried to persuade Rudy Giuliani, a possible GOP presidential candidate, that the Tea Party is in the minority in its stance against higher taxes and should consider spending cuts paired with increased tax revenues to cut the deficit. [Video…

New York Times reporter David Kocieniewski reported on the front of Tuesday’s Business section reported on the op-ed by billionaire investor Warren Buffett’s in Monday’s Times which has gone viral in liberal circles. Buffett called for higher taxes on rich people like him in the name of fairness, claiming his 17% effective tax rate was lower than anyone else in his office. Kocieniewski, who…

President Obama: Saving or creating manufacturing jobs... in Canada? The New York Post reported this morning about the custom-made campaign bus, er official government vehicle, that:

At first blush, it might seem hard to imagine how one can contend that a press report describing an industry sector as operating "at depressed levels" and at volumes that are one-half of what "economists consider to be healthy" isn't telling the whole truth. But that's exactly how I would describe Tuesday's writeup by the Associated Press's Derek Kravitz after July's Census Bureau release on…

While the media are sharpening the knives against Republican presidential aspirant Gov. Rick Perry on the nature of jobs created under his watch in Texas, fairness would dictate a look at the Obama administration's jobs record, particularly on his pet project of ushering in the age of renewable energy and with them "green jobs." As Vanessa Ho of the SeattlePI.com website reported yesterday,…

New York Times White House correspondent Jackie Calmes’s 1,300-word story for the Saturday Business section, with the online headline “G.O.P. on Defensive as Analysts Question Party’s Fiscal Policy,” was so blatantly biased it caught the attention of neo-liberal Mickey Kaus, who posted a withering, entertaining analysis at The Daily Caller, revisiting his old theme of liberal cocooning among…

The New York Times’s “Caucus” podcast last Friday was focused on the financial crisis. Washington correspondent Binyamin Appelbaum, who focuses on financial issues, joined hosts Sam Roberts and Michael Shear to call for yet more federal spending on infrastructure "investment" in the face of a national debt of $14 trillion.   Binyamin Appelbaum: “....we’re in the middle of this economic…

CNN's own poll recently showed that voters 60-to-one believe the economy is the most pressing issue facing the United States, as opposed to policies toward gays and lesbians. CNN's Anderson Cooper apparently thought the views of Republican presidential candidate Michele Bachmann toward gays and lesbians important enough to merit the lead segment on his Monday show. "We begin tonight 'Keeping…

During an interview with former Obama Press Secretary Robert Gibbs on Tuesday's NBC Today, co-host Matt Lauer wondered: "How does the President get this excitement going again surrounding his re-election bid so that he can keep this office?" Throughout the segment, the headline on screen read: "Beyond Hope and Change; How Can President Regain Magic of 2008?" In response to Lauer, Gibbs…

On the August 15 "Dylan Ratigan Show," MSNBC anchor Dylan Ratigan and the Washington Examiner's Tim Carney sparred over the extent to which Big Labor impacts the political process relative to other industries. Ratigan, who has made a career out of bemoaning the influence that the energy, banking, health care, defense, telecom, and agriculture sectors exert on politics, omitted organized labor…

The liberal media are predictably fawning over billionaire Warren Buffett's op-ed in the New York Times Monday calling for new taxes on the super-rich. This led MSNBC's Pat Buchanan on Monday's "Morning Joe" to challenge the Oracle of Omaha asking, "Why doesn’t he set an example and send a check for $5 billion to the federal government?" (video follows with transcript and commentary):

Liberals need to grow up and stop criticizing President Obama. So said Fareed Zakaria Sunday on the CNN program bearing his name (video follows with transcript and commentary):

I can hardly believe that the President of the United States, whose team is apparently deeply concerned about their guy's declining popularity and news stories which kept Republicans in the headlines this weekend, is going on a "Me Too" bus tour of Iowa, Minnesota, and Illinois this week. The only plausible reason for this is to attempt to blunt the generally positive GOP vibe coming out of…