Wages & Prices

The Obama administration-prepared koolaid delivered to the Associated Press's economics writers on Monday must have been extraordinarily concentrated. How else can you explain how the AP's Christopher Rugaber could have written the following — "The U.S. job market has steadily improved by pretty much every gauge except ... Pay" — without doubling over with laughter? No, Chris. The reason pay…

This morning, the Census Bureau, in its advance report on retail sales, revealed that seasonally adjusted July sales were "virtually unchanged" from June. Expectations were for a 0.2 percent gain, supposedly with "solid upside" potential. Oops. June's result stayed at its previously reported 0.2 percent increase. Reuters did the "U-word" honors this time out: "U.S. retail sales unexpectedly…

Friday’s Morning Joe panel made sure to express how it was “disappointed” that a Minnesota restaurant had the audacity to put a “minimum wage fee” on its receipts after the state hiked the wage requirement. While Joe Scarborough acknowledged that “it's hard” for “small business owners running restaurants” he had no sympathy for the restaurant, which had received shocking blowback from its…

On Thursday's NBC Today, co-host Savannah Guthrie noted a restaurant in Minnesota that found "a unique way to offset the added expense" of the state hiking its minimum wage: "The Oasis Café is now including a 'minimum wage fee' on bills. You see it right there on the bill. Totals 35 cents....the cafe's owners say this wage hike is going to cost them $10,000 a year, this is their way of…

In a Thursday report on why many Americans are still unimpressed with the U.S. job market, Associated Press reporters Christopher Rugaber and Josh Boak made a rare admission that "Finding a steady full-time job has become harder" than it was before the recession. The AP pair then contended that "the trend might also reflect a lasting shift among restaurants and coffee shops," but found an "…

Comedy Central host Stephen Colbert did Nancy Pelosi a solid by giving her a platform to promote her effort to energize Democrats to come out in force this November to return the Speaker’s gavel to her grasp. In the process he also sparked a nationwide run on mind-bleach with a crude joke involving a nude John Boehner. [See video below. Click here for MP3 audio]

Paul Krugman at the New York Times and other fever-swamp leftists who, incredibly, are operating under the assumption that the economy has experienced an acceptable if uneven "recovery" during the five years since the recession ended are celebrating what they believe was an epic live "embarrassment" of Rick Santelli at the hands of Steve Liesman at CNBC on Monday. A Google search shows that…

MSNBC is not limited to televised displays of liberal bias. On the economics page of MSNBC.com, reporter Ned Resnikoff published an article earlier today entitled “Gap between minimum wage and tipped wage hits record high.” The All In with Chris Hayes contributor cited a new report by the Economic Policy Institute (EPI) claiming that tipped workers make a “significantly lower than the overall…

July 2 marks the 50th anniversary of the signing of the Civil Rights Act and on Wednesday CBS This Morning used the event to highlight liberal labor activist Dolores Huerta.  CBS correspondent Michelle Miller began her 5 minute report by gushing over Ms. Huerta and described her as someone who “co-founded the United Farm Workers union with Cesar Chavez, fought for feminism with Gloria Steinem…

Promoting an upcoming White House summit on working families during an interview with President Obama aired on Monday's CBS This Morning, co-host Norah O'Donnell lobbed a series of softballs on the issue, starting with: "I know you said in your State of the Union, 'When women succeed, America succeeds.' What's the single most important thing you think you can do to help working women?" [Listen…

Timothy Egan, the liberal New York Times reporter turned ultra-liberal columnist, flashed hostility to Wal-Mart (and capitalism in general), as well as a broad ignorance of economics in his latest Sunday Review column, "Corporate Daddy." For some time now, Republicans in Congress have given up the pretense of doing anything to improve the lot of most Americans. Raising the minimum wage? They…

Liberals have long been used to dominating the narrative in news coverage of wage and poverty-related issues. The liberal perspective, in terms of what policies best represent the interests of  workers and the economy as a whole, sometimes goes entirely unchallenged. A welcome exception to the rule occurred during the June 2 edition of Noticiero Univisión, however, when correspondent Liliana…

In a brief on Tuesday's NBC Today, news anchor Natalie Morales portrayed a minimum wage hike in Seattle as the first step toward a nationwide increase: "Well, with talks across the country ongoing about boosting the minimum wage, workers in Seattle are soon going to be seeing a big boost....The Seattle city council passed an ordinance Monday that bumps the minimum wage up to $15 an hour. That's…

BELFAST, Northern Ireland -- In the 1970s, while working as a low-paid cub reporter in Houston, Texas, I always looked forward to the annual Christmas catalogs from Neiman-Marcus and Sakowitz, a local luxury department store. Both contained outrageously expensive things that only the super-rich could afford -- his and hers Thunderbirds stick in my memory. My wife and I couldn't wait to thumb…