Economy

The network morning shows on Thursday failed to find any controversy in union protests from Wisconsin, ignoring the signs comparing Scott Walker, the state's Republican governor, to the Taliban, the Nazis and Hitler. Fox News, on the other hand, highlighted the attacks on "Mullah Walker." Wisconsin radio talk show host Vicki McKenna appeared on Your World With Neil Cavuto to discuss the…

MSNBC's Joe Scarborough thinks the GOP's house is already on fire in his latest Politico column, where he thrashes the party's leadership for a poor showing at CPAC. He ridiculed the gathering as "a conference cursed with dull speechmaking and intraparty battles." "Like most Egyptians, the conservative movement still has no idea who will lead it through the next election," Scarborough writes…

On Wednesday, with a bit of an assist from the Census Bureau's seasonalizers, the Associated Press's Derek Kravitz, with the help of Martin Crutsinger, covered the Bureau's just-published January data on housing starts and building permits. Though no one could accuse the AP pair of excessive cheerleading, they missed the most important comparison: How did January 2011 compare to January 2010?…

Interviewing Donald Trump this morning, MSNBC's Chris Jansing put on her Democratic strategist hat to press the Republican real estate mogul with liberal talking points. After Trump, responding to Jansing's question about what he would do to fix the economy, suggested cutting taxes to spur economic growth, the host of Jansing & Co. groused: "A lot of people sitting out there, with all due…

Just a few years ago, double-digit unemployment seemed like a crazy idea. But when the economy began to stumble, it was fear of high unemployment and a promise to prevent it that the Obama administration used to usher in the $787 billion stimulus package. As The New York Times reported on Oct. 22, 2009, "The Obama administration's forecast at the start of the year, which predicted that…

In our ongoing quest to answer Paul Krugman's ironic question "How can voters be so ill informed [sic]," NewsBusters offers an exquisitely ignorant budgetary concern posed by Dylan Ratigan Wednesday. On the MSNBC program bearing his name, the host actually said that one of America's biggest problems is a "multitrillion dollar defense budget" (video follows with transcript and commentary):

"It's one thing to look a gift horse in the mouth. It's quite another thing to slaughter a gift horse and send its disemboweled corpse back to Washington." That's how Time magazine senior correspondent Michael Grunwald characterized Republican Florida Governor Rick Scott's decision to spurn a federal Department of Transportation high-speed rail grant for the Sunshine State. "This was the…

"Crazy Larry" O'Donnell is at it again. On "Morning Joe" Wednesday, the MSNBC host questioned the entire debate over which government spending programs to slash, asking why the president and Congress are even considering cutting spending in the first place. "I think we've lost a first principle here," he remarked of the situation. What is this "first principle" O'Donnell speaks of? "Why…

President Obama and the Democrats have spent trillions of dollars in the past two years without successfully growing the economy enough to produce jobs. Despite this immutable fact, MSNBC's Chris Matthews on Tuesday's "Hardball" said government spending is a far better stimulus than cutting taxes (video follows with transcript and commentary):

Twice on Monday (here and here), I took serious issue with the opening sentences of two Associated Press stories on Uncle Sam's fiscal situation. First, there was Martin Crutsinger's Sunday stinker, which described the level of spending in President Obama's yet to be released 2012 budget as "$3 trillion-plus," timed so that early morning news readers, radio listeners, and TV viewers would…

The three nightly news broadcasts on Monday touted Barack Obama new spending as "investments," highlighted victims of White House cuts and ignored key facts about the President's 2012 budget. Evening News reporter Chip Reid used the preferred White House language, asserting, "But the President unveiled his budget at a technology school to highlight new investments, especially in education…

With the unveiling of Obama's 2012 budget today, some newspapers around the country framed the $3.7 trillion proposal as a serious attempt to slash the federal deficit. The Washington Post, The Boston Globe, the Daily Herald, the Fort Worth Star-Telegram, and the DC Express, couched the administration's massive budget as a fiscally responsible plan that makes "deep" and "big" cuts to "rein in…

"Obama budget makes deep cuts, cautious trades," blared the February 15 print edition headline for Washington Post staffer Lori Montgomery's page A1 story on President Obama's 2012 budget plan. "[The] Focus [is]on education, energy and research," a subheadline approvingly added. In the lead paragraph, Montgomery hailed Obama's spending blueprint as "full of surgical cuts and cautious trade-…

The ABCNews.com website on Tuesday used the Sesame Street character Big Bird to worry about potential Republican cuts to PBS. Next to a picture of the forlorn puppet and some concerned children, a graphic alerted, "Big Bird on the Chopping Block?" The article, by Huma Khan, discussed the efforts by the House GOP to cut of funding to PBS, but didn't feature a single quote from any such…