Economy

Real Clear Politics currently has a video highlighting statements by Democratic Congressman James Clyburn Jr. of South Carolina. It teases the video with a question asked by Candy Crowley of CNN. Once one sees the entire sequence, it's clear that Clyburn really answered Crowley's question before she even asked it. Here's the full transcript of the vid, which begins after Indiana Republican…

On Friday, Investors Business Daily (IBD) reported on leaked government documents identifying what employer-provided health plans can and cannot do if they wish to retain their "grandfathered" status under the statist health care legislation commonly known as ObamaCare that became law on March 23. One of the items in the government document (83-page PDF) is the following table, which estimates…

In mid-July of last year, the good folks on the editorial board at Investors Business Daily made the following observations about the version of ObamaCare then under consideration by the House: ... Right there on Page 16 is a provision making individual private medical insurance illegal. ... the "Limitation On New Enrollment" section of the bill clearly states: "Except as provided in this…

Earlier this year, in his "Can we lose health coverage? Yes we can" column, syndicated columnist Deroy Murdock made a point asserted in dozens if not hundreds of columns and reports during the hide-and-seek legistlative process that ultimately led to the passage of what is commonly known as ObamaCare: The President's core promise relating to the statist health care legislation that ultimately…

The establishment press is either getting tired of being beaten up over using the U-word ("unexpectedly," or sometimes "unexpected") to the point of excess when economic news disappoints, or has itself wearied of using the word. Here's the Associated Press's Martin Crutsinger on today's retail sales report letdown, courtesy of the Commerce Department. The bolded sentence seen after the jump is…

An overwhelming majority of Americans prefer freedom of the press to outdated models of journalism, according to a new Rasmussen poll. The survey comes in the midst of discussions in the Federal Trade Commission and the Federal Communications Commission to intervene on behalf of Old Media.Eighty-five percent of respondents in the Rasmussen poll said they believe maintaining press freedom is more…

On February 19, 2009, Rick Santelli helped create a movement whose political impact has not yet been fully realized. The "Rant Heard 'Round the World," as it has become known, was a profound, if hardly isolated example of the power of conservative pundits to enact political change.That power has grown as Americans have become more sympathetic to the economic conservative argument--both the moral/…

Has Pres. Obama's ass-kickin' line given license to MSM members to offer cruder commentary?  Could be, judging from Mika Brzezinski's Morning Joe performance today, in which she suggested that House Republican leader John Boehner should "just bend over."Mika normally plays the role of Morning Joe hall monitor, keeping the rambunctious trio of Joe Scarborough, Mike Barnicle and Willie Geist in…

On Wednesday's Rick's List, CNN's Rick Sanchez twice highlighted how "several Republicans want to keep the cap on what oil companies pay for spills at $75 million" and how apparently that's about "how much they [oil companies] spend on campaign contributions to politicians each year," but omitted that President Obama was the top recipient of money from BP during the 2008 election cycle.Sanchez…

In an article published yesterday afternoon, CNBC news associate Joseph Pisani took note of something the rest of the media mostly hasn't, or at least hasn't highlighted: the terrible job market for teenagers. The headline and text indicate that this is the worst such market in 41 years. That's true, based on the stat Pisani presented. But barring a near miracle in the next three months, in terms…

In a Wall Street Journal op-ed today, George Mason University economics professor Daniel Klein today notes that "self-identified liberals and Democrats do badly on questions of basic economics." It therefore shouldn't be terribly surprising that so many journalists do a poor job of economic and business reporting, because, as the Media Research Center has frequently and consistently documented…

Appearing on Monday’s The Colbert Report on Comedy Central to promote his book, "The Promise," MSNBC political analyst Jonathan Alter – also of Newsweek – asserted that President Barack Obama had "prevented another Great Depression," and declared that Obama had it more difficult than Franklin Delano Roosevelt because he had to "sweep up" like a "shovel brigade" after President Bush, as he used a…