AP: Economists, Analysts, and Experts Are 'Baffled,' 'Confounded' By J

July 9th, 2011 11:10 AM
If we are believe two late Friday afternoon dispatches from the Associated Press following the government's awful Employment Situation report earlier in the day, you would think that even a cadre of cops with the talent of Sherlock Holmes couldn't solve the mystery of the underperforming job market. Economics Writers Christopher Rugaber and Paul Wiseman went with themes of "baffled economists…

CNBC Calls It 'Lousy:' June Jobs Rise Only 18,000, Unemployment Rate U

July 8th, 2011 11:07 AM
A senior political adviser to the Obama administration said on July 6 that in 2012, people won't be voting based on the unemployment rate, according to The Hill newspaper. Of course, adviser David Plouffe said that two days before the June jobs report was released. Ahead of the jobs report, economists anticipated 100,000 or 125,000 jobs to have been added that month. Truth be told, on July 8…

WaPo's Robinson: Solve Deficit With Tax Hikes, Defense Cuts and Univer

July 8th, 2011 11:01 AM
Eugene Robinson's column in Thursday's Washington Post should have been placed in that paper's funnies section rather than the opinion page. His solution to our nation's deficit would be laughable if it wasn't so gosh darned scary:

White House Uses Progressive Media Director to Bully Conservatives on

July 6th, 2011 3:10 PM
Friday afternoon, the White House quietly released its annual report to Congress on White House staff salaries. Among the employees is the infamous director of progressive media and online response, Jesse Lee, who is paid $72,500 a year to provide White House sanctioned responses to any negative press it receives. The position, which was previously part of the privately-funded DNC's rapid…

Open Thread: Obama's Twitter Town Hall

July 6th, 2011 10:10 AM
In another effort to engage the online community once bubbling with support for President Barack Obama, Obama will participate in a Twitter town hall today at 2 pm EDT to answer questions on jobs and the economy posed by Twitter users with the hashtag #askobama. The questions Obama answers will be handpicked by Twitter staffers and pre-selected Twitter users, who will be tracking the…

On the Economy's Condition As Worse Than When Obama's Term Began, Mitt

July 6th, 2011 12:44 AM
On Friday, at its Political Hotsheet, Corbett B. Daly at CBS News, who joined the network in late May after leaving Reuters, appeared to virtually celebrate what he believes was the latest of Mitt Romney's flip-flops. Though it's clear that Mr. Romney has flip-flopped in the past on a number of matters, it's hard to see how Daly or any of the other flip-flop scorekeepers has a case -- at…

Freudian Slip? MSNBC's Martin Bashir Claims Treasury Sec. Tim Geithner

July 1st, 2011 4:09 PM
On the July 1 edition of "Martin Bashir," the MSNBC anchor after which the show is named made a statement that reveals a great deal about his worldview. [Video after break]

Krugman: Spending Cuts Would Destroy 'Possibly Millions of Jobs

July 1st, 2011 11:36 AM
With a month to go before the next supposedly "drop dead date" regarding the nation's debt ceiling, liberal media members are out in force with hysterical claims about the world ending if Congress isn't free to spend more money it doesn't have. Ever the faithful shill, New York Times columnist Paul Krugman did his part Friday cautioning that any spending cuts at this time "would destroy…

MSNBC's Ratigan: California's 'Amazon Tax' Kills Jobs, Let's Have Nati

June 30th, 2011 6:10 PM
Unfortunately for Dylan Ratigan, close only counts in horseshoes and hand grenades. The MSNBC anchor nearly stumbled onto a valid point on Thursday's "Dylan Ratigan Show" – reporting that California's new Internet sales tax could cost thousands of jobs and millions in tax revenue – until he proposed solving this dilemma with a national Internet sales tax.

Jon Stewart to Harry Reid: 'If [GOP] Were Living in a Fantasy World Wo

June 30th, 2011 10:46 AM
Jon Stewart Wednesday finally stopped responding to the aftermath of his performance on "Fox News Sunday" and tried to make amends with a somewhat bipartisan segment bashing the President for his budget solutions as well as both parties for not getting anything done. Toward the end of the opening "Daily Show" sketch, after a video clip of Senate Majority Leader Harry Reid saying, "My…

Matthews: Bush Caused Recession, But Let's Not Quibble Over Which Part

June 29th, 2011 1:37 AM
Chris Matthews Tuesday once again showed that his tenuous grasp of reality is getting dangerously weak. During the final segment of "Hardball," the host unequivocally blamed the 2007 financial crisis and resulting recession on George W. Bush just moments before he said, "Okay, Obama hasn't been able to get us out of it yet, but...there’s no sense blaming one Party or the other" (video follows…

AP Coverage of Bernanke's 'I Have No Idea' Speech Similarly Clueless

June 23rd, 2011 1:36 AM
When the Associated Press's Paul Wiseman and Martin Crutsinger team up for a report on the economy, there's no limit to the comic potential. Today, in covering what the folks at Zero Hedge described as "Ben Bernanke's 'I Have No Idea Why The Economy Will Get Better But It Will' Speech" (transcript is at link), the AP pair may have set a new world record for most unused words one would expect…

NY Times Laments How 'One Little Word' Is Depriving Arizona Jobless of

June 21st, 2011 8:51 AM
New York Times economics reporter Catherine Rampell’s front-page story Saturday on Arizona imposing limits on federal unemployment benefits it provides, “For  Want of a Word, Arizona’s Jobless Lose Checks,” is the latest Times story to fiercely defend unimpeded spending on unemployment benefits. Previously this year, Times reporters had questioned  “deepest and most far-reaching” cuts in…

NY Times Headlines Romney's Jobless Joke, Ignored Obama's 'Shovel-Read

June 20th, 2011 3:34 PM
New York Times reporter Jeff Zeleny followed Republican presidential candidate Mitt Romney to Tampa and filed “Democrats Scowl at Romney Joke” for Friday's edition, treating as a weighty matter a harmless joke by the candidate to a group of unemployed people as one of a series of “occasionally awkward...off-the-cuff remarks.” Yet the Times has remained silent as President Obama has reeled off a…