Unemployment

On Friday's Early Show, CBS's Jeff Glor played up West Virginia Democrat Jay Rockefeller's browbeating of an oil company executive during a hearing of the Senate Finance Committee. The Senator interrupted Chevron Corporation CEO John Watson with a sarcastic reply: "Lovely statement, but do you understand how out of touch that is?" Glor first noted during his news brief 12 minutes into that 7…

PBS's Tavis Smiley offered his own half-baked assumptions Friday on the 2012 GOP presidential contenders. The far-left anchor dismissed the GOP field as a bunch of nobodies on the 9 a.m. EDT hour of CNN Newsroom. "You can't beat somebody with nobody," he quipped when asked what GOP contender poses the biggest threat to President Obama's re-election. "I don't see somebody yet that the…

As if more proof were needed about the minimum wage's devastating effects, yet another study has reached the same conclusion. Last week, two labor economists, Professors William Even (Miami University of Ohio) and David Macpherson (Trinity University), released a study for the Washington, D.C.-based Employment Policies Institute titled "Unequal Harm: Racial Disparities in the Employment…

What would you say was the best week in American history? If you're a man named Chris Matthews who gets a thrill up his leg for Barack Obama, you would say the week in which Osama bin Laden was killed by a Navy SEAL team in Pakistan (video follows with transcript and commentary):

If CNN's Roland Martin gives the same answer as a tea party conservative, you know you've asked him a pretty bizarre question. On Monday's 10 a.m. EDT news hour, CNN anchor Carol Costello asked the panel if Obama is now "unbeatable" due to the killing of Osama bin Laden, falling gas prices, and a positive May jobs report. Of course, the election is over one year away, not all of the possible…

The April jobs report showed 244,000 job gains, “surprisingly strong” numbers according to the Kansas City Star. Many national news outlets reported that jobs number as well as the rise in unemployment rate back to 9 percent in their headlines immediately reacting to the news. CNBC initially suggested that the unemployment rate “ticked” up because of higher participation in the labor force,…

Economic growth in the first quarter was an abysmal 1.8 percent.  Last week, initial jobless claims increased by 25,000 from the previous week, up to 429,000.  The Federal government borrows $188 million an hour, or over $52,000 a second, just to keep up with President Obama's spending demands.  Despite almost a trillion dollars for Obama's and the Democratic Congress's stimulus, unemployment…

Martin Bashir has dared go where even most congressional Dems won't: praising Britain's National Health Service and by implication the socialization of medicine it represents. On today's Morning Joe, Bashir said the National Health Service is "a wonderful idea."   For good measure, the British-born Bashir, who hosts a regular afternoon slot in the MSNBC line-up, also vastly overstated the…

It's always a bit of risk saying that a bunch of supposedly smart folks are wrong, but the economists Jeannine Aversa at the Associated Press consulted for a Tuesday afternoon report on the economic outlook must be taking a double dose of sunshine pills every day. If we are to believe these folks, the only thing that can stop the economy now is oil -- not the $112 a barrel accompanied by $4…

If you had any questions about just how far to the left New York Times columnist Paul Krugman is, they were answered Monday when he expressed enthusiastic support for the Congressional Progressive Caucus's radical tax-hiking "People's Budget." In his "Let's Take a Hike," the Nobel laureate left no doubt about his desire to swiftly redistribute America's wealth with little regard for the…

Out of the mouths of babes... On Friday's "Inside Washington," during a discussion about American foreign policy in the Middle East and Africa, PBS's Mark Shields actually said, "The most urgent priority that we have is to find jobs somehow, not simply for Americans, which is an urgent priority, but for young Egyptians" (video follows with transcript and commentary):

For the second night in a row Tuesday, MSNBC's Ed Schultz called Republicans liars. Also for the second night in a row, he did so moments before lying himself (video follows with transcript and commentary):

It certainly isn't a surprise that Nobel laureate Paul Krugman was far more pleased with the deficit reduction plan proposed by Barack Obama this week than the one unveiled by Rep. Paul Ryan (R-Wisc.) last week. In Friday's New York Times column "Who's Serious Now?" the unabashed liberal declared the President's proposal "really serious" and the Congressman's "a sick joke":

Last November, MSNBC's Lawrence O'Donnell proudly declared himself a socialist on national television. On Wednesday, "The Last Word" host took this a huge step further saying the whole idea that Americans are rugged individualists is an illusion because they're all really socialists (video follows with transcript and commentary):