L.A. Times Reporters Hit Dems From Left On Taxes
March 6th, 2007 12:19 PM
"Ugh, now the Democrats like tax cuts too!"That's essentially the tone of a March 5 Los Angeles Times article* that took Democrats to task for their plans for what President Clinton was fond of calling "targeted tax cuts." Apparently they just "cost" the government too much of our money:WASHINGTON // After years of claiming that Republicans were cluttering
the tax code with provisions that…
WashPost: Willing to Hike Taxes = 'Maturing' In Office
March 5th, 2007 11:50 AM
"As many political observers see it, [Virginia House of Delegates Speaker William] Howell is maturing into the leadership role he took on four years ago," wrote The Washington Post's Tim Craig in today's paper. And what exactly is developing the Republican speaker into an upstanding young chap? Nothing more than a newfound willingness to raise taxes in the Old Dominion.Here's the first two…
Post's Singletary: Anti-Debt Expert 'Elevates Consciousness' Like Gore
March 4th, 2007 7:00 PM
Plugging her monthly "Color of Money Book Club" entry today, Washington Post finance columnist Michelle Singletary made a gratuitious reference to Al Gore, comparing consumer debt to global warming:James D. Scurlock, author and director of "Maxed Out," hopes to do with the overselling of credit what former vice president Al Gore has done for global warming -- elevate people's consciousness about…
N.Y. Times Declares a 'Manufacturing Recession' -- But None Occurred I
March 1st, 2007 1:56 PM
According to the Times, the most recent four-month period, boxed in red below, represents a manufacturing recession; The Times has already declared it ("For Manufacturing, a Recession Has Arrived"; link may require registration):But the following periods boxed in orange from 1995-2000 did not:Any questions?
Is the Formerly Mainstream Media Rooting for a Bad Economy
March 1st, 2007 12:25 PM
Two reports from earlier this week, one that warned of a "likely recession," and another that flat-out declared a non-existent "manufacturing recession," have to make you wonder, especially considering a positive report from the real world that came out earlier today.
First -- On Monday, the Associated Press turned murky comments by Alan Greenspan into "Greenspan warns of likely U.S. recession…
Greenspan 'Talks Down the Economy'; Media Yawns
February 27th, 2007 10:45 AM
In November 2000, during the disputed presidential election won by George W. Bush (excuse the indulgence; I just enjoy typing those words, especially considering the alternative), Dick Cheney and others were (in hindsight, rightfully) pointing to negative indicators in the economy pointing to a possible recession. Furious supporters of what was to become the previous administration accused…