Economy

Another exasperating storyline from the MSM: the economy may be just fine overall but its screwing over 20-somethings who have to live with mom and dad.My colleague Dan Gainor wrote up a review of the media's reheating the tired old storyline: In the November 26 “World News Sunday” story “Young & in Debt,” anchor Dan Harris talked up the story about twentysomethings “forced…

For journalists, the answer depends on whether they are covering the shopping season or company layoffs.______________________ Last year, I sensed that journalists in general prefer to call this time of the year in commerce that of "holiday shopping" instead of "Christmas shopping," but that when it came to people losing their jobs, they preferred to describe layoffs as relating to "Christmas…

Mark Trumbull of The Christian Science Monitor has noticed something I mentioned last week, but had to try to get a dig in while doing it (bold is mine): American paychecks are rising again at a pace not seen since the 1990s. The pay increase amounts to 4 percent on average over the past 12 months, and it comes at a very helpful time for millions of households. For three years, pay increases…

Prior to the midterms, CNN ran a number of stories on falling gas prices and a possible conspiracy between the Republican Party and "Big Oil" to lower costs before the elections. Each piece hinted at a dark plot as the reason for declining prices. Well, the elections are over; Democrats are in power, and now America is in ‘a recovery.’ Introducing a segment on Wednesday’s "American Morning," co-…

Lou Dobbs must be perfecting his “Stewie Griffin" impression. “Victory is mine,” he seemed to gloat to viewers as with smug delight CNN populist gadfly and resident protectionist applauded the passage of six minimum wage increases in states ballot booths across the country. Before the election, Dobbs was quite active in pushing such an increase both on his show and in his book, “War on…