Recession

The Associated Press's unbylined 2:25 p.m. report on the government's April Monthly Treasury Statement contained an unhealthy dose of the historical revisionism we've come to expect from the outfit which really should be called in the Administration's Press. AP's tallest tale is in ascribing the four annual deficits of over $1 trillion incurred from fiscal 2009 through 2012 entirely to the "…

If I didn't know any better, I might have thought, based on an Associated Press report tonight by business writer Bernard Condon prepared with the help of four others, that governments everywhere had reinstituted child labor for those as young as six years old. That's the only way to support the claims Condon made about how the birth dearth in the developed world driven by the 2008 financial…

The National Employment Law Project claims that it is dedicated to "working to restore the promise of economic opportunity in the 21st century economy." That sounds promising, but one look at NELP's directors and the supposed "solutions" the group and its friends advocate — e.g., higher minimum wage, "uphold the freedom to join a union." etc. It's clear that NELP is just another lefty advocacy…

If there's a prize for most words spent in Obamacare avoidance, NBC News's Martha C. White is definitely in the running. White managed to burn through almost 40 paragraphs and nearly 1,600 words in a report carried at CNBC on the all-time record number of workers employed by temporary help services. But she somehow managed to completely avoid mentioning Obamacare, which used to be known as…

In a Friday morning dispatch which comes off more as a set of election instructions from "Democratic strategists" than as a real news report, David Espo at the Associated Press, aka the Administration's Press, wanted to make sure that political operatives who don't read boring pollster reports still get the message: Don't use the word "recovery" during your fall campaign. In the course of his…

One of the more annoying aspects of business press reporting is its participants' singular focus on seasonally adjusted data to the exclusion of the underlying figures. Many reports on the economy at least tag the figures reported as seasonally adjusted; but there seems to be a trend away from doing even that. For example, the Associated Press has routinely labeled weekly initial jobless…

Today, President Obama is going to ask a group of private-sector companies to help him try to solve a problem his administration's policies have seriously worsened, namely long-term unemployment. Of course, that's not how Josh Lederman at the Associated Press, aka the Administration's Press, framed the situation. All he would concede is that "long-term joblessness in the U.S. remains a major…

In May 2009, the Associated Press, aka the Administration's Press, announced that it would be "launching an index that will provide monthly, multi-format updates on the economic stress of the United States down to the county level." Not a bad idea, especially if you were concerned that evidence of an economic recovery under Barack Obama would not otherwise be convincing. The AP likely…

On the Monday, December 23, PoliticsNation on MSNBC, host Al Sharpton led the show by accusing Republicans of "stinginess" and of being "grinches" because of GOP opposition to a further extension of unemployment benefits. With the words "GOP Grinches Steal Christmas" on screen, Sharpton opened the show:

On Thursday's All In show, MSNBC's Chris Hayes repeatedly used words like "screwing over" to describe Republican policies toward the poor, and claimed that Tea Partiers in Congress believe in "poverty as punishment" as he fretted over a delay in the extension of unemployment benefits and then hyped Georgia Republican Rep. Jack Kingston's suggestion that school children do chores in exchange for…

On the Wednesday, December 18, All In with Chris Hayes show on MSNBC, host Chris Hayes fretted that uninsured Americans are not a "potent constituency" during a discussion of the debate over extending unemployment benefits. He did not mention a CBS News/New York Times poll which ironically was released earlier in the day finding that ObamaCare is as unpopular among uninsured Americans as…

On Tuesday's All In on MSNBC, during a discussion of the federal budget and spending on poverty programs, host Chris Hayes suggesting reducing unemployment by having the government hire workers as he jokingly suggested having another census because unemployment dropped the last time census workers were hired. After guest Tom Colocchio of Food Policy Action called for more "job training…

A recurring theme at the Los Angeles Times during the past several days has been that the nation's economic and fiscal circumstances really aren't all that bad, and they're getting better under Dear Leader Obama. (Oh, and throw in a healthy dose of "It's Bush's fault" for good measure.) Lisa Mascaro, with the help of Brian Bennett, David Lauter and Michael A. Memoli, added to that effort late…

I guess we should acknowledge a tiny improvement when an ordinarily in-the-tank apparatchik like Jim Kuhnhenn at the Associated Press expresses even the slightest bit of skepticism about a White House claim. But let's not take it too far. Kuhnhenn is reporting in a brief "Big Story" item this morning that President Obama "is laying claim to an economic turnaround and warning Republicans not…