Unemployment

The pity party for furloughed federal employees should be toned down. A story at CNNMoney.com notes something I don't expect will be only rarely be reported anywhere else, namely that there has been a concerted and likely largely successful effort on the part of federal employee unions to ensure that as many of their members as possible will be eligible to collect unemployment benefits during…

Martin Bashir on Tuesday said New York Times columnist Paul Krugman "deserves the Nobel Peace Prize." Yes, the MSNBC host said Peace Prize - not one for economics - all because the perilously liberal economist has advocated more deficit spending and even more federal debt to stimulate the economy (video follows with partial transcript and commentary):

In "Go Ahead, Invade Their Phone Records: AP Reports Obama Has 'Alleged Scandals' and 'Alleged Misbehavior,'" Tim Graham at NewsBusters noted how Tom Raum at the Associated Press, aka the Administration's Press, claimed that "Alleged misbehavior by the Internal Revenue Service and other federal agencies gives the GOP something else to talk about and investigate as the economy clearly, if slowly…

Former Republican presidential nominee Mitt Romney was Jay Leno’s guest on the Tonight Show Friday, and he didn’t have kind things to say about the current White House resident or former Secretary of State Hillary Clinton. At one point in their discussion, Romney said, "I'm not a fan of the president - in case you didn't know that."

It really is amazing how excited liberal media members can get when the economy produces 165,000 jobs and a 7.5 percent unemployment rate under a Democratic president. So enthralled was Chris Matthews that he actually asked guests on the syndicated program bearing his name Sunday if this will give Democrats including Hillary Clinton "bragging rights" in 2016 (video follows with transcript and…

Give Nancy Cook at NationalJournal.com credit for a generally well-written though somewhat naive report ("Forget the Unemployment Rate: The Alarming Stat Is the Number of 'Missing Workers'") on the unprecedented plight of the millions of adults who have dropped out of the labor force. But in discussing the "glaring caveat" in Friday's employment report from the government, namely that "the '…

You've got hand it to some (probably most) of the reporters at the Associated Press, aka the Administration's Press. Their story is that the economy is all right, and by gosh, they're sticking to it. Tom Raum's dispatch yesterday is a case in point. Along the way, he pulled out several of the tired spin-driven claims which have long since been taken down but which haven't yet penetrated the…

With all the media panic about sequestration, one would think a study finding billions of dollars of fraud in a government program would be national news. Apparently not, for with few exceptions, a report published by the St. Louis Federal Reserve last week finding $3.3 billion in fraudulent unemployment claims in 2011 got almost no attention:

Two years ago, Jimmy McMillan ran for New York governor and became a viral sensation, with more than 7 million Youtube views.  Now the creator of The Rent is Too Damn High party is running for New York City mayor and has expanded his platform is his new rap anthem video. In the first 30 seconds of his video, the news reporter declared that rent in New York is at an all time high. “Critics say…

On April 4, the Associated Press' Christopher Rugaber wrote: "Gone are the fears that the economy could fall into another recession." Having in effect announced the repeal of the business cycle for the foreseeable future, despite the fact that the economy's post-recession job recovery performance has been the worst since World War II by miles, it seems that Rugaber is now doing his best to…

A couple of weeks ago, Black Entertainment Television founder Bob Johnson, speaking at The National Press Club, said the nation "would never tolerate white unemployment at 14 and 15 percent." Black unemployment has been double that of white Americans for more than 50 years. The black youth unemployment rate is more than 40 percent nationally. In some cities, unemployment for black working-age…

Your daily dose of inadvertent humor comes from an article by Annie Lowrey at the New York Times on Sunday evening ("Lew to Press for European Policy Changes"; also in today's print edition). In "covering" (from Washington?) Treasury Secretary Jack Lew's four-day European trip for meetings with EU leaders encouraging them to pursue "growth" policies -- which in Keynesians' fevered minds…

As NewsBusters has been reporting, the Sunday political talk shows didn't seem very interested in the lousy jobs numbers that were released by the Labor Department last Friday. By far the worst performance in this regard was turned in by CBS's Face the Nation which didn't utter one single word about the issue throughout the course of the entire one hour broadcast.

There was a lousy jobs report from the Labor Department last Friday that has led some people to fear the already soft economic recovery might be slowing down. Despite this, ABC's George Stephanopoulos, during a lengthy This Week interview with Barack Obama senior adviser Dan Pfeiffer Sunday, didn't ask one single question about that report or the state of the economy.