Stimulus

The federal government's fiscal year ended on September 30. As has been the administration's habit for years with news that might draw negative attention, the Treasury Department conveniently released its year-end Monthly Budget Review Friday afternoon to minimize the discussion of its grim news.

Many writers on the left and beat journalists in the establishment press contend that Republican presidential nominee Donald Trump and running mate Mike Pence tell lies so often that it's virtually impossible to keep up with all of them. If that's so, why, with all those "obvious" falsehoods out there, did two Los Angeles Times reporters have to label an absolutely true statement by Pence about…

On Thursday, Federal Reserve Chairman Janet Yellen suggested in a videoconference call, as translated into plain English by the Wall Street Journal, that "there could be benefits to allowing the central bank to buy stocks as a way to boost the economy in a downturn."

CBS broadcasts discussing the Brexit Leave vote on Sunday and Monday went to economic "experts" whose "analysis" betrayed partisanship and both feigned and real ignorance. On Sunday on Face the Nation, max 2015 Hillary contributor (as usual, not disclosed to viewers) Mark Zandi of Moody's Analytics predicted that that the UK economy "is going down the rabbit hole" as the result of the Leave…

The establishment press must not think that anyone should care about the millions of dollars Bill Clinton and his wife Hillary have "earned" making speeches, particularly to powerful banks and Wall Street firms, since he left the presidency in 2001 and after her time as Secretary of State ended in 2013. That's the only explanation as to why Mrs. Clinton could promise, as she did on Tuesday, that…

A Pew Research report published three weeks ago on America’s Shrinking Middle Class presented a fundamentally misleading narrative which the press was only too eager to relay and continues to use, namely that the middle class has been seriously shrinking since the turn of the century. Christopher Rugaber at the Associated Press typified the initial press coverage, writing: "In nearly one-quarter…

Democratic presidential frontrunner Hillary Clinton believes we're supposed to be impressed by the idea of putting her husband Bill, in the Associated Press's words, "in charge of revitalizing the economy." Yep, the old "2-for-1" offer from the early 1990s is back. In 1993, President Bill put First Lady Hill in charge of health care. Fortunately, nothing tangible resulted, but we did get an…

In an analysis for the front page of Wednesday’s New York Times business section, Eduardo Porter trumpeted that the real issue ailing the American economy and impeding on its improvement is the lack of mass government jobs programs similar to its “large and underappreciated role in reshaping” the country during the 19th and 20th centuries. 

In case you didn't get the message the first or second time around, the Washington Post wants you to hear it again: Cool your complaints about the weak U.S. economy, because it's your fault. To be clear, the problem is primarily with the Post's headline — "The economy’s real drag: Us" — than with Robert J. Samuelson's content, which at least gave American consumers credit for having "sobered up…

As his final term wanes, the New York Times is making excuses for the economy’s performance under President Obama, with the president himself guiding the way. Economics reporter Andrew Ross Sorkin’s interview of Obama for the cover of the Times Sunday magazine dug in in defense of Obama. The subhead: “Eight years after the financial crisis, unemployment is at 5 percent, deficits are down and G.D.…

Just in time for tomorrow's first-quarter economic growth announcement from the government, Bloomberg Businessweek's Economics Editor is telling readers: "Don't Sweat America's Upcoming Microscopic GDP Growth." Besides, Peter Coy writes, people need to get used to the supposedly inescapable fact that "Normal growth for the U.S. economy is just a lot lower than it used to be." Americans shouldn't…

If what Barack Obama contended in London, England on Saturday was obviously true, I suspect that the establishment press would be broadly proclaiming it and looking back at the President's wonderful work. What Obama is claiming — that his presidency is responsible for "saving the world economy from a Great Depression" — is nonsense, but he's clearly beginning to lobby for it to become the…

It's so predictable. Whenever a government or leader follows the left's playbook and the results "uexpectedly" don't turn out to be anywhere near what was desired, it isn't the policies' or the leader's fault. No-no-no. During the Mayor David Dinkins era in New York City, it was because Gotham had become ungovernable by any human being – until Rudy Giuliani took over. During the Carter Era, the…

It appears that there's an effort underway to expand the definition of "deniers" beyond the realm of climate change/"global warming." Ideally, in leftists' minds, a "denier" would be "anyone who doesn't accept leftist dogma without reservations." That definition would apparently extend to anything relating to the economy, if Associated Press White House reporter and dedicated Barack Obama…