Wall Street Journal

The news media worried a lot about how awful the government shutdown would be and estimated it would take a huge toll on the economy as well. Now it looks like they were wrong about the size of the damage. The networks touted a recent Standard & Poor’s (S&P) estimate that the shutdown would cost $24 billion. That figure was mentioned on the networks five times from Oct. 17 to Oct. 24. …

The press has been obsessed with the fate of Obamacare's contraception mandate ever since religious, corporate, and other litigants began challenging it in the courts. So what explains the fact that a search on "Korte" at the Associated Press's national site and at the New York Times return nothing and nothing relevant, respectively? Or that there are only nine stories at Google Newsin a…

On Saturday morning, three Wall Street Journal reporters told readers that as President Obama was promoting Obamacare, there was internal debate between "policy advisers" and "political aides" as to whether the President's obviously unqualified and unconditional "If you like your plan, you can keep your plan" statement, made roughly 20 times between his inauguration and the law's March 2010…

Wall Street Journal columnist Peggy Noonan had some more harsh words for the pathetic rollout of ObamaCare Sunday. Appearing on ABC’s This Week, Noonan said, “It has just been a disaster. I’ve never seen a story quite like this” (video follows with transcript and commentary):

Striking the Northeast on Oct. 29, 2012, Hurricane Sandy tragically devastated communities causing an estimated $50 billion in damages. By the end of January 2013, a relief bill was passed for Sandy aid, after the bill was delayed because of wasteful spending. House Republicans opposed a pork-ridden $60 billion Senate bill ($10 billion higher than damage estimates) and chose not to vote on it…

Wall Street Journal columnist Peggy Noonan said something about ObamaCare Sunday that the majority of Americans clearly agree with. Appearing on CBS’s Face the Nation, Noonan said, “I wish we could stop the whole thing, go back to point one and say, ‘Let's try this again’” (video follows with transcript and commentary):

Despite all the trouble ObamaCare has been having since health insurance exchanges opened about two weeks ago, New York Times columnist Paul Krugman on ABC’s This Week Sunday predictably had nothing but praise for the law. Fortunately the Wall Street Journal’s Peggy Noonan and former Mitt Romney advisor Dan Senor were present to set the record straight (video follows with transcript and…

So here's an angle on the federal government shutdown that you're not getting from the liberal broadcast media. With non-essential personnel furloughed, federal regulators have not been at work, which is a huge blessing to an overregulated American economy, the Wall Street Journal's editorial board noted today. Indeed, new regulations published in the Federal Register have slowed to a trickle…

The next Federal Reserve Chairman will be Janet Yellen. President Barack Obama plans to nominate her on Oct. 9. Ahead of the announcement, Yellen, the liberal Fed vice chairman, was considered the most likely candidate to replace Ben Bernanke ever since Larry Summers, her chief rival for the nomination, bowed out of the race on Sept. 16. She was a frontrunner even before Summers’ withdrawal.…

Tomorrow the Supreme Court will hear arguments on a campaign-finance case that will "test the justices' willingness to buck public opinion," Wall Street Journal Supreme Court correspondent Jess Bravin noted in his page A4 article about the open of the high court's October 2013 term. Bravin devoted the first several paragraphs of his October 7 story, "Campaign Giving Tops High Court's Docket,"…

On Tuesday, Ron Binz, nominated by President Obama to head the Federal Energy Regulatory Commission, withdrew his name from consideration. Those who want to see the economy prosper should be relieved that the position described by Matthew Daly at the Associated Press as that of "the nation's top energy regulator" won't be occupied by a died-in-the-wool "renewable" energy radical. The AP's…

Corrected from earlier | "After three years of last-minute deals, delayed decisions, and acrimonious finger pointing, the process for one of Congress's most basic functions—spending money—finally buckled and broke down Monday night," the Wall Street Journal's Damian Paletta sighed in the opening paragraph of his October 1 story, "Breakdown Is New Norm in Spending Fights." "Since passage of…

It's amusing to see how the left reacts when things don't work out as predicted. Earlier today (at NewsBusters; at BizzyBlog), I noted how USA Today's Kelly Kennedy described a major malfunction in Obamacare which will cause hundreds of thousands of children to go without health insurance next year as a "glitch." On the "climate change" front, those darned "glitches" abound. In an item today…

The New York Times won this morning’s athletic effort to bury the story of Lois Lerner retiring over “gross mismangement” of the IRS tax-exempt organizations branch. At the very bottom of page A-14, in the second item under a “National Briefing” header, the Times ran a 77-word AP snippet, because who really cares when Tea Party groups are harassed by the Obama administration? The 1379-word…