Wages & Prices

In 1992, Bill Clinton successfully used a campaign strategy of continually focusing attention on the supposedly poor economy thinking that Americans typically vote with their wallets. Of course, most intelligent people know that the recession actually ended in early 1991, and that this strategy would have failed miserably had the media not been complicit, and, instead, honestly reported…

As NewsBusters has been reporting this week (see this and this), as the stock market hit new all-time highs, the media have been dour Nervous Nellies carping and whining about gas prices, the low value of the dollar, the housing slump, and the rising trade deficit. Yet, there are a variety of issues that press outlets have conveniently ignored during this record bull run that not only explain…

When Matt Lauer introduced a segment on the booming stock market by asking "is the rising tide lifting all boats?" I braced myself for another MSM excursion into class warfare. But surprise, surprise . . . CNBC's Erin Burnett narrated the segment, and her opening also made me figure we were in for more bash-the-rich rhetoric. "Another day, another record on Wall Street . . . As stocks rise…

Apparently, “CBS Evening News” thinks it shouldn’t be your responsibility to remember to balance your checkbook. Anthony Mason’s July 11 report bashed banks for *GASP* profiting from overdraft fees.“Banks are cashing in on overdrafts, raking in more than $17 billion in fees last year, according to the Center for Responsible Lending” said Mason.The segment, called "Hidden Charges," did not include…

And now for something completely insipid…As the media and their alarmists like soon-to-be-Dr. Al Gore have shamefully convinced enough of the population that man can actually impact the climate, law firms around the nation are gearing up to sue possible offenders.I kid you not.As reported in Monday’s Dallas Morning News (h/t NBer alamojb, emphasis added throughout):

Complete with a background track fit for an indie horror flick, NBC’s “Today” bashed student loan companies and colleges with a segment on “student loan schemes.”On June 21, consumer correspondent Janice Lieberman ignored personal responsibility as she bashed colleges and lenders without giving them a chance to rebut.“You would assume that the college you choose would be on your side and find the…

What do you get when you add a liberal think tank study, another liberal “expert, and CBS “Evening News?” You get a doom-and-gloom story about baby boomers remaining in the work force as “an economic necessity” that ignores relevant information.“The 78 million baby boomers are starting to think about retirement, but for many of them, that’s all they’ll be able to do. Think about it. Two new…