Not News: $4 Trillion in Annual GDP Growth Lost to Regulations
April 28th, 2016 11:09 PM
The editorialists at Investor's Business Daily have reported on the results of an important study by several George Mason University Mercatus Center economists showing what regulations have cost the economy in economic growth since 1980. The establishment press, which has been singularly uninterested in reporting anything that has to potential to slow the regulatory leviathan down — y'know,…
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AP Reporter Outraged by State Dept. Spox's Claim About Troops in Syria
April 25th, 2016 11:24 PM
State Department spokesman John Kirby did a fist-pounding imitation of Baghdad Bob at a press conference today on the Obama administration's decision "to send 250 more troops to Syria." Note that the Associated Press report by Kathleen Hennessey linked in the first paragraph refers to "troops," not "advisers" or "trainers." This is important, because that AP report acknowledges that in…
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DNC Chair: Hillary Has Been Transparent 'Other Than Private Server'
April 24th, 2016 11:54 PM
In a Fox News Sunday interview so painful to watch readers are advised to consider taking headache medicine before viewing, Democratic National Committee Chair Debbie Wasserman Schultz tried to make the case that the FBI investigation into Hillary Clinton's handling of emails containing sensitive and classified national security information and her use of an undisclosed private email server is a…
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Zeke Emanuel Clashes with FBN's Varney on ObamaCare Fantasies
April 24th, 2016 4:44 PM
Things must be getting grim on the Obamacare front if the Obama administration feels it must send "Zeke the Bleak" Emanuel out to defend it.
Though he was on relatively good behavior compared to previous interviews he has given, Emanuel, rather than visibly losing his cool, kept on using Stuart Varney's first name in his responses during a Fox Business interview this week to the point where it…
National Press Ignores Conservative Win in CA Donor Disclosure Trial
April 22nd, 2016 11:59 PM
Americans For Prosperity won a huge court victory in California Thursday against that state's hard-left vindictive attorney general, Kamala Harris. Naturally, the national press is doing what it does when it doesn't want to cover a story: letting the Politico cover it and then pretending that this suffices.
Harris demanded that AFP provides the section of its not-for-profit Federal Form 990…
Former WashPost Reporter Botches Coverage of Food Stamp 'Cuts'
April 21st, 2016 9:18 PM
As the Washington Free Beacon reported today (confirmed here in a chart published two weeks ago), the number of Americans enrolled in the Supplemental Nutrition Assistance Program (SNAP), traditionally known as Food Stamps, dropped below 45 million for the first time in almost five years (actually, 57 months) in January.
This is hardly cause for cheer, and does nothing to change the fact that in…
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Print Media Ignore Testimony of Parents of Murder Victims by Illegals
April 20th, 2016 8:46 PM
Three important things happened at Tuesday's hearing of the House Judiciary Committee's Subcommittee on Immigration and Border Security.
The first was the testimony of two mothers of children killed by illegal immigrants. The second was the outrageous and false contention by a Methodist bishop that the mere act of bringing attention to these heinous offenses is a form of "blind vengeance" over "…
In Fla. Governor's Starbucks Saga, AP Claims 'Allege(d)' Job Creation
April 15th, 2016 1:46 PM
For better or worse, the press, Wall Street and others routinely place a great deal of faith in the federal government's payroll employment estimates.
But when Republican Governor Rick Scott's supporters cited data from Uncle Sam's Bureau of Labor Statistics to defend him against an insufferably rude leftist who started screaming and cursing at him in a Starbucks coffee shop, Associated Press…
Business Press Mostly Blames Consumers For Weak Economy
April 13th, 2016 11:45 AM
Today's report from the government on retail sales was awful — "unexpectedly" so, according to both Bloomberg and Reuters. Following on the heels of a 0.4 percent seasonally adjusted decline in January and a flat February, March sales fell by 0.3 percent.
Two of the three main U.S. business wire services blamed the American people, not the worst post-recession economy since World War II during…
AP: Min. Wage Job Losses 'Uncertain'; 2 States Show It's a Sure Thing
April 10th, 2016 11:55 PM
On Tuesday, shortly after Governor Jerry Brown signed California's $15-an-hour minimum wage legislation, the Associated Press's Michael R. Blood and Don Thompson called the move "a victory for those struggling on the margins of the economy and the politically powerful unions that pushed it."
As seen in a NewsBusters post on March 31, it's definitely a win for union members whose wages are set…
More Details on Those 'Low-Level' Recipients of Obama's Commutations
April 6th, 2016 6:40 PM
On Sunday, I noted how USA Today, the Associated Press, and the establishment press in general have swallowed the Obama administration's line that the 61 convicted and incarcerated criminals whose sentences the President commuted last Thursday were "low-level inmates" guilty of "low-level drug offenses." A spreadsheet working only from the information the White House provided demonstrates that…
USA Today: Obama Commuted Sentences of Only 'Low-Level Inmates'
April 3rd, 2016 5:56 PM
The antennae went up when I saw the following tease on the front page of Thursday's USA Today print edition: "Obama commutes sentences for 61 low-level inmates." The brief description which immediately followed told readers that "He has cut sentences for 248 so far, more than (the) previous 6 presidents combined, official says."
Hmm. What's a "low-level inmate"? The underlying Page 3A article by…
Blogger Kevin Drum: Mixed Economy ‘Only Way to Run a Modern Country’
April 1st, 2016 12:14 PM
Call it the golden mean or the vital center, Mother Jones blogger Drum is for it with regard to economic systems. Drum contended in a Tuesday post that “the mixed economy is the only way to run a modern country” since the other choices, a “pure free market” and “socialism,” have unacceptable consequences.
AP Ignores Weak Data, Their Own Reporting in Creating Economic Fable
March 31st, 2016 11:09 PM
In covering Thursday morning's report from the Department of Labor on initial unemployment claims, one of a relatively few economic reports showing strength these days, Associated Press reporter Scott Boak spread his enthusiasm over the result to the entire economy. It wasn't justified.
It's as if the poor guy has missed most of the pertinent other economic news during the past week, most of…