Economy

So what should be made of the historic midterm election of 2010? While all the pundits try to analyze polling data and read between the lines, syndicated columnist and Fox News contributor Charles Krauthammer has a clearer view. In his view, President Barack Obama’s so-called hope and change agenda is dead and it’s up to Obama to determine his direction. Video Below Fold

When the House voted to adjourn about a month ago by a 210-209 margin, Speaker Nancy Pelosi, D-Calif., and her cronies avoided dealing with extending the 2001 and 2003 Bush tax cuts, which expire Dec. 31. Rather than address the tax issue, the Senate also voted to adjourn. Instead, Congress is holding a lame-duck session beginning Nov. 15. What that means is whether or not you elect them back…

One of the more egregious results of the Democrat-controlled Congress skipping town without passing a budget, thus failing to address the issue of whether scheduled income tax increases will really go into effect for everyone, the highest income-earners, or no one at all, is that the Internal Revenue Service and employers have been left in the lurch with no idea of how to prepare for next year…

This past week, we learned that it was another year, another dive for newspaper circulations: 5% for dailies, and 4.5% on Sundays, according to the Audit Bureau of Circulations. That's not as bad as some past declines, but it's still going the wrong way. As usual, they'll blame the Internet, and reject the possibility that persistent, pervasive bias and blind adherence to politically correct…

Media Research Center’s President Brent Bozell appeared on “Fox & Friends” Oct. 29, to discuss the broadcast networks’ spin on unemployment. “Well, it confirms what many conservatives have said for years. It absolutely confirms it, but when you look at the numbers it really does rattle you because it is so obvious when the same reporters are taking two completely different positions…

Buckeye State residents are supposed to be impressed with media reports like this one from WXIX in Cincinnati telling us that passenger rail ridership increased 14% last year to almost 147,000. That's just over 400 people a day. In the whole state. Spread over seven station stops in multiple cities. You've got to be kidding me. Context, people.

On Thursday's Newsroom, CNN's Fareed Zakaria endorsed a predictably liberal solution to get the American economy moving again: enact more taxes and implement new government programs. Zakaria called for a national sales tax and advocated new government spending on "research and technology" and "upgrading the infrastructure." The CNN host also labeled tax cuts "bad stuff." Anchor Ali Velshi…

Spinning the Numbers When Conservatives in Charge: During the year leading up to the 2005-06 mid-term elections, the economy was strong and unemployment never went above 5 percent. That wasn’t how the media reported it. Negative reports and stories spun negatively accounted for 58 percent of the stories (38 out of 65). Spinning the Numbers When Left in Charge: Despite the near 10 percent…

There is an axiom that is adhered to by conservative journalists that explains at least some of what for liberals is this inexplicable election. It is the Taranto Principle. Coined by the inimitable James Taranto of The Wall Street Journal, the Taranto Principle encourages the worst in liberals by reporting politics with a slavish bias. The conservatives can do nothing right. The liberals can…

Someone should tell CNN anchor Ali Velshi that attacking the U.S. Chamber of Commerce for its political activities is so last week. During the “XYZ” segment of the hour he anchors of “CNN Newsroom” on Oct. 25, Velshi did his best impersonation of an MSNBC anchor and railed against the U.S. Chamber of Commerce for its political activities. Velshi lamented the barrage of negative advertising in…

In a segment shortly after 3 p.m. EDT today looking at how much President Obama has aged in the two years since winning the presidential election, MSNBC's Thomas Roberts and guest Douglas Brinkley concluded that the commander-in-chief needs to take it easy more often.  The MSNBC host and the liberal presidential historian also blamed the amount of stress President Obama faces in office on…

Back in March, in the runup to the final ObamaCare vote in the House, the establishment press was thrilled when the Congressional Budget Office issued a report estimating that ObamaCare would, in the CBO's words, "produce a net reduction in federal deficits of $138 billion over the 2010–2019 period as result of changes in direct spending and revenue." At the time, NB's Brent Baker noted how…

When a Democrat or leftist makes an ill-advised remark, it seems that there's a three-stage process at the Associated Press, and perhaps in most other establishment press outlets, for handling it. It goes roughly like this: Stage 1 - Ignore it as long as you can. If there isn't much outcry, keep ignoring it. Stage 2 - If there ends up being enough of an outcry from conservatives or…

With less than two weeks before Election Day, the media elite continue to disparage the GOP’s Tea Party candidates while saluting the greatness of the über-unpopular Democratic Congress and its leader, Nancy Pelosi. On This Week, ABC’s Christiane Amanpour — apparently oblivious to the decades of liberal mockery hurled at Ronald Reagan and William Buckley — cited those leaders as exemplifying…