Unemployment

You've got hand it to some (probably most) of the reporters at the Associated Press, aka the Administration's Press. Their story is that the economy is all right, and by gosh, they're sticking to it. Tom Raum's dispatch yesterday is a case in point. Along the way, he pulled out several of the tired spin-driven claims which have long since been taken down but which haven't yet penetrated the…

With all the media panic about sequestration, one would think a study finding billions of dollars of fraud in a government program would be national news. Apparently not, for with few exceptions, a report published by the St. Louis Federal Reserve last week finding $3.3 billion in fraudulent unemployment claims in 2011 got almost no attention:

Two years ago, Jimmy McMillan ran for New York governor and became a viral sensation, with more than 7 million Youtube views.  Now the creator of The Rent is Too Damn High party is running for New York City mayor and has expanded his platform is his new rap anthem video. In the first 30 seconds of his video, the news reporter declared that rent in New York is at an all time high. “Critics say…

On April 4, the Associated Press' Christopher Rugaber wrote: "Gone are the fears that the economy could fall into another recession." Having in effect announced the repeal of the business cycle for the foreseeable future, despite the fact that the economy's post-recession job recovery performance has been the worst since World War II by miles, it seems that Rugaber is now doing his best to…

A couple of weeks ago, Black Entertainment Television founder Bob Johnson, speaking at The National Press Club, said the nation "would never tolerate white unemployment at 14 and 15 percent." Black unemployment has been double that of white Americans for more than 50 years. The black youth unemployment rate is more than 40 percent nationally. In some cities, unemployment for black working-age…

Your daily dose of inadvertent humor comes from an article by Annie Lowrey at the New York Times on Sunday evening ("Lew to Press for European Policy Changes"; also in today's print edition). In "covering" (from Washington?) Treasury Secretary Jack Lew's four-day European trip for meetings with EU leaders encouraging them to pursue "growth" policies -- which in Keynesians' fevered minds…

As NewsBusters has been reporting, the Sunday political talk shows didn't seem very interested in the lousy jobs numbers that were released by the Labor Department last Friday. By far the worst performance in this regard was turned in by CBS's Face the Nation which didn't utter one single word about the issue throughout the course of the entire one hour broadcast.

There was a lousy jobs report from the Labor Department last Friday that has led some people to fear the already soft economic recovery might be slowing down. Despite this, ABC's George Stephanopoulos, during a lengthy This Week interview with Barack Obama senior adviser Dan Pfeiffer Sunday, didn't ask one single question about that report or the state of the economy.

CNBC’s Jim Cramer made a statement on NBC’s Meet the Press Sunday that likely shocked the host as well as the other liberal media members involved in the discussion. After David Gregory mentioned Friday’s lousy unemployment report, Cramer said, “This is stunning. Stunning. And I think a lot of it had to do with fearmongering” (video follows with transcribed highlights and commentary):

I guess Byron Tau thought he had to make it look like Big Labor is really, really mad at President Barack Obama and the White House so he could make Obama look like he's a moderate on economic and fiscal issues. Thus his Sunday morning post's headline: "Labor targets Obama over proposed benefit cuts." Of course, they aren't "cuts" at all, though they are being portrayed as such. All Obama has…

The disgraceful lengths to which writers in the establishment press will rewrite history to paper over the economy's awful performance during the past five years is perfectly illustrated in one paragraph found in an otherwise decent Associated Press "Big Story" report ("Dropouts: Discouraged Americans leave labor force") Saturday evening by Paul Wiseman and Jesse Washington, with help from…

After telling the world on Thursday that "Gone are the fears that the economy could fall into another recession," it seems that the Associated Press's Christopher Rugaber needed some help explaining away Friday's weak jobs report from the government's Bureau of Labor Statistics. The AP had four reporters on Friday evening's coverage, all seemingly in search of a viable excuse for another "…

Well, we can stop worrying about the economy now. Write it down. Chris Rugaber at the Associated Press, aka the Administration's Press, tells readers today that the business cycle has been repealed. That's right. As of now, "Gone are the fears that the economy could fall into another recession." Even giving him the benefit of the doubt that he only meant to refer to the short- or intermediate…

New York Times columnist Paul Krugman was giddy over a triumph of the liberal vision in the supposedly resurgent California economy in Monday's "Lessons From A Comeback." The state has overcome a "fanatical conservative minority" to push through "desperately needed tax increases." But is California really back? ....California has been solidly Democratic since the late 1990s. And ever since…