Economy

Democrat strategist and ABC contributor Donna Brazile on Sunday predictably blamed the current debt ceiling impasse on Republicans and their refusal to raise taxes. This led George Will to state what would be obvious to all media members if they weren't so in the tank for Barack Obama, namely that he and his Party have been kicking the deficit can down the road so long they're guilty of "can…

Bob Woodward thinks the world doesn't hold the United States in very high regard anymore. Appearing on the syndicated "Chris Matthews Show" this weekend, the Washington Post's most recognizable journalist said, "I’m not sure the United States has been looked at as the grown-up nation for a long time...You travel around the world a little bit, and, and there’s, there’s not even tough love for…

Given the opportunity to directly relay the two sentences of House Speaker John Boehner's statement on the status of debt-ceiling and budget negotiations tonight, the Associated Press's Andrew Taylor and Jim Kuhnhenn, in their 9:29 p.m. report (saved here at my web host for future reference, fair use and discussion purposes) disgracefully cut the Speaker's statement off after its first sentence…

While Associated Press Economics writers like Christopher Rugaber and Paul Wiseman, as seen in a post this morning (at NewBusters; at BizzyBlog), talk of "baffled economists" and a job market that is "defying history," one AP writer, in discussing stocks which have done well in this economy, has revealed what employment prospects really are with quite un-baffling certainty from the point of…

Bill Maher on Friday proudly equated the Casey Anthony verdict with Republican thinking. Unfortunately for him, conservative author Ann Coulter was present, and when she got the chance to respond during the internet-only Overtime segment of HBO's "Real Time," she nicely exposed some of the host's most delicious hypocrisies (video follows with transcript and commentary):

It's one thing to report dishonestly. It's another to proudly display it. The front page of the ABC "World News" website now contains a "Countdown to U.S. Debt Default' clock:

You knew when you saw conservative author Ann Coulter was pitted against far-left MSNBC contributor and Nation magazine editor Christopher Hayes on HBO's "Real Time" sparks were going to fly. Such occurred when Hayes told the panel that his mother works for the government prompting Coulter to respond, "She is a drain on society" (video follows with transcript and commentary):

If we are believe two late Friday afternoon dispatches from the Associated Press following the government's awful Employment Situation report earlier in the day, you would think that even a cadre of cops with the talent of Sherlock Holmes couldn't solve the mystery of the underperforming job market. Economics Writers Christopher Rugaber and Paul Wiseman went with themes of "baffled economists…

Looking for updates on the Connecticut state budget mess earlier this afternoon, I searched the Associated Press's national site on the last name of Democratic Nutmeg State Governor Dannel Malloy, and found nothing recent (graphic saved here for future reference). But there were two stories originating from the state which the wire service, the nation's de facto news gatekeeper, deemed worthy…

A senior political adviser to the Obama administration said on July 6 that in 2012, people won't be voting based on the unemployment rate, according to The Hill newspaper. Of course, adviser David Plouffe said that two days before the June jobs report was released. Ahead of the jobs report, economists anticipated 100,000 or 125,000 jobs to have been added that month. Truth be told, on July 8…

Eugene Robinson's column in Thursday's Washington Post should have been placed in that paper's funnies section rather than the opinion page. His solution to our nation's deficit would be laughable if it wasn't so gosh darned scary:

The New York Times on Friday once again proved itself to have absolutely no clue how budgets work. In its editorial "Negotiating the Debt Ceiling on a Knife's Edge," the Times - like so many other math-challenged "news" organizations in America today - blamed the current debt ceiling woes on the Bush tax cuts and Republican refusal to raise revenues:

I had to do a double take when I looked over this afternoon's dispatch out of St. Paul, Minnesota from Patrick Condon of the Associated Press. Readers unfamiliar with the Gopher State budget impasse to this point would fail to learn from the AP report that the dispute is all about raising taxes. Democratic Governor Mark Dayton wants tax increases on "the wealthy" (which really means high…

Wednesday afternoon, BigJournalism.com editor-in-chief Dana Loesch reported that Arizona Senator John Kyl had been on the receiving end of what I would call "mis-tweetment" at the hands of someone irresponsibly chirping away at Reuters. The Reuters tweet stated that "Republicans have agreed to $150 billion to $200 billion in increased tax revenues as part of budget talks," and claimed Senator…