Unemployment
Press Ignores, Minimizes Concerns in Fed's Beige Book About ObamaCare
March 23rd, 2013 10:27 AM
Today, on the third anniversary of the enactment of state-managed healthcare, aka the Patient Protection and Affordable Care Act (ACA), aka ObamaCare, it's worth noting a precursor of what we can expect from the establishment press as the law's implementation presses on. It can be summed up in eight words: "Hype the alleged good. Ignore the obviously bad." Distilled in four words: "Toe the…
Michael Moore's Irrational Reasoning: White Gun Owners Racist, But Und
March 22nd, 2013 9:46 PM
Call it Michael Moore's Jesse Jackson moment . . . Jackson once famously said that when he walked down the street and heard footsteps behind him, he was relieved to turn around and find a white person behind him.
This evening, on Ed Schultz's soon-to-be-extinct weeknight MSNBC show, a histrionic Michael Moore accused white gun owners of racism . . . then proceeded to say it was reasonable…
Govt.'s Feb. Treasury Statement Shows That Economy Is Not Better Than
March 16th, 2013 9:10 PM
The official Monthly Treasury Statement for February came out Wednesday showing a deficit for the month of $204 billion, basically the same as the Congressional Budget Office predicted several days earlier. The reported deficit through five months of the fiscal year is $494 billion, down from $580 billion a year earlier.
That February result was an "improvement" of $28 billion over the $232…
NY Times Lead Story Warns Sequestration 'Could Put a Stop' to Job Grow
March 11th, 2013 3:22 PM
The sequestration may have fizzled out as a national crisis, but it's still killing jobs, apparently. Saturday's New York Times lead story by Nelson Schwartz and Binyamin Appelbaum strongly insisted that last Friday's surprisingly good job numbers from the Labor Department are endangered by the 2.4% federal spending cuts known as sequestration, "Jobless Rate Dips to Four-Year Low – 236,000 Jobs…
Liberal Economist Takes On Krugman: Federal Reserve Averted Depression
March 11th, 2013 9:29 AM
While you were watching Rand Paul's historic filibuster and the debate surrounding budget sequestration, an economic theory battle was waging between two of the nation's foremost liberal economists Paul Krugman and Jeffrey Sachs.
In his most recent salvo published at the Huffington Post Saturday, Sachs spoke heresy to Obama-lovers across the fruited plain including Krugman claiming that…
AP’s Crutsinger: Employers Are on a ‘Hiring Spree,’ and Job Mark
March 10th, 2013 3:06 PM
At the Associated Press, aka the Administration's Press, Martin Crutsinger's treatment of the February employment report released on Friday was pretty much the slavering soliloquy one would have expected.
Crutsinger described the past four months as a "hiring spree," and the job market as "accelerating." Even sticking with the seasonally adjusted figures, that doesn't stand up well, given…
MSNBC’s ‘Tweet Of The Day’ Highlights Politico’s Thrush Making
March 7th, 2013 1:06 PM
A daily feature on MSNBC’s Jansing & Co. is the ‘tweet of the day’ in which host Chris Jansing showcases a tweet from a politician or a member of the media that is topical to a major news event. Most of Jansing’s featured tweets are from liberal journalists, and on March 7, things weren’t much different.
Following coverage of Senator Rand Paul’s (R-Ky.) 13-hour filibuster over the…
New York Times Ignores Report of Record Homelessness in NYC
March 6th, 2013 10:34 AM
The Coalition for the Homeless released a report Tuesday finding a record number of people living in homeless shelters in New York City.
For some reason, the New York Times chose not to report it.
Scarborough Smacks Down Krugman For Pompously Behaving Like a Sighing
March 5th, 2013 11:31 AM
As NewsBusters reported earlier, New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had quite a heated discussion about the budget, debt, and the economy on PBS's Charlie Rose Monday evening.
Near its conclusion, Scarborough actually scolded Krugman for pompously behaving like a sighing Al Gore (video follows with transcript and commentary):
Krugman: Quoting What I Said in the Past Is an Ad Hominem Attack
March 5th, 2013 10:25 AM
New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had an at times heated discussion about budget deficits, debt, and the economy on PBS's Charlie Rose Monday evening.
At one point Krugman got so rattled by the facts that he actually said Scarborough quoting what he had said in the past was making an ad hominem attack against him (video follows with transcript and commentary):
Matthews: 'Has Obama Put Himself at Political Risk if the Big Cuts Do
March 3rd, 2013 7:43 PM
Chris Matthews asked a question Sunday that should truly offend people on both sides of the aisle.
During the syndicated program bearing his name, Matthews asked his panel, "Has President Obama put himself at political risk if the big cuts do not wreak havoc?" (video follows with transcript and commentary):
AP Shocker: 'Tax Bills For Rich Families Approach 30-Year High
March 3rd, 2013 9:48 AM
The Left and their media minions spent a good part of the past two years claiming the rich don't pay their "fair share" of taxes.
Not according to the Associated Press which shockingly published a piece Sunday titled "Tax Bills For Rich Families Approach 30-Year High":
CBS Spotlights Arne Duncan's 'Exaggeration' on Sequester Effects; ABC
February 28th, 2013 5:18 PM
Thursday's CBS This Morning stood out as the only Big Three network morning newscast to zero in on Education Secretary Arne Duncan's false assertion about the sequester – that "there are, literally, teachers now who are getting pink slips; who are getting notices they can't come back this fall". Correspondent Bill Plante noted that "Duncan conceded he knew of only one county nationwide where…
IBD: DOL Decision to Grant Hostess Workers 'Trade Adjustment Assistanc
February 25th, 2013 12:37 PM
An Investor's Business Daily editorial on Friday confirmed a couple of items which seemed intuitively obvious but which I didn't prove on Thursday in my post (at NewsBusters; at BizzyBlog) about the Department of Labor's outrageous decision to grant unionized workers at now-liquidating Hostess Bakeries "Trade Adjustment Assistance" (TAA).
The first is that it will cost a lot of money,…