Wages & Prices

New host, same loopy logic. Ed Schultz is gone from his weekday MSNBC slot, but the show's name lives on until Chris Hayes comes on board next month. Sitting in for Schultz tonight was the never-at-a-loss-for-words Michael Eric Dyson.   Discussing Elizabeth Warren's latest Senate hearing stunt, on the minimum wage, Dyson gushed "wouldn't that be great" if the minimum wage were raised to $22…

Tavis Smiley, PBS’s resident liberal activist, unleashed his anger against the Democratic Party on his talk show last night. In a conversation with California Lt. Gov. Gavin Newsom (D), Smiley bemoaned the lack of increase in the federal minimum wage in recent years, attacking Democrats from the left: “Why has your party, the Democrats in Washington, the Democrat as president in the White House…

"For those scraping by on minimum wage, an increase sounds good." That was the Einstein-brilliant headline for the February 25 Metro section article by Washington Post staff writer Michael Laris, which looked at how a "Young Pr[ince] George's [County] father finds little money left to advance dreams." Laris's 44-paragraph story began with the plight of 24-year-old father Tyrrell Brown, who "…

It appears not everyone in America is as enthralled with Barack Obama's economic policies as his fans in the media. When NBC Tonight Show host Jay Leno made a joke about the president not understanding economics, the studio audience cheered, applauded, and whistled (video follows with transcript and commentary):

Following President Obama’s call to raise the federal minimum wage to $9/hour in Tuesday's State of the Union address, MSNBC has been eagerly pushing the president’s new-found support for the hike. Speaking on February 14, host Thomas Roberts conducted a one-sided interview with liberal contributor Goldie Taylor on the supposed need to jack up the minimum wage.  As most of Roberts’ segments…

On Thursday's The Ed Show, MSNBC analyst Jonathan Alter -- formerly of Newsweek -- chastised Whole Foods CEO John Mackey for using the word "fascism" criticizing Obamacare, suggesting that he is less "enlightened" than liberal CEOs like Warren Buffett for not realizing that "The only reason that they have been able to be so successful is because they're operating in a country, this country,…

New York Times labor reporter Steven Greenhouse celebrates Occupy Wall Street ideas like the "Robin Hood tax" in his reporting, so it's no surprise his Sunday Review "news analysis," "Productivity Climbs, But Wages Stagnate," pushed unvarnished left-wing ideas from economists who want a much higher minimum wage, strengthening unions, and higher taxes (in Greenhouse's euphemism, "a more…

It appears as though NBC’s Andrea Mitchell has sided with the unions in the latest battle over workers’ rights, this time in Michigan.  Appearing on Tuesday’s Andrea Mitchell Reports, Ms. Mitchell took it upon herself to hammer Governor Rick Snyder (R-Mich.) over his decision to sign a bill making Michigan the 24th right to work state. She later followed up the Snyder segment with a friendly…

To paraphrase the estimable Yogi Berra - it’s like deja vu all over, and over, and over, and over again. The Jurassic Press media is enraptured with a certain story.

Just before Thanksgiving, the leftist think tank Demos issued a report by its own Catherine Ruetschlin advocating a $12 an hour minimum wage (stated as $25,000 per year by her) for those who work full-time in retail. What's interesting about Ruetschlin's suggestion is that there is a retailer out there which is actually doing that and more -- and it's not Costco, which "pays starting…

On Monday's CBS This Morning, Cheesecake Factory CEO David Overton spotlighted the looming economic impact of Obamacare's implementation, especially on small enterprises: "For those businesses that don't cover their employees, they'll be in for a very expensive situation." Overton also warned that the cost of the law would be passed on to customers. Anchor Norah O'Donnell raised the issue of…

Tonight's fun facts relate to the strike by the group a Reuters report describes as "500 clerical workers at the ports, members of the relatively small Office of Clerical Union Workers" at the ports of Los Angeles and Long Beach. The strikers' picket lines have been honored by "some 10,000 members of the International Longshore and Warehouse Union." These fun facts are rarely mentioned, but…

Deck the halls! The Obamas were Christmas shopping on "Small Business Saturday," and spurring economic growth with their consumer spending.  Economic activity that may come to an abrupt end if we take the plunge off the fiscal cliff. CBSNews.com reporter Lindsey Boerma wrote on November 24 about the outing detailing how, “accompanied by his daughters Sasha and Malia, the president journeyed…

The third page of an unbylined report with an early Saturday time stamp credited to "USA Today" carried at the Jackson, Mississippi Clarion Ledger (like USAT, a Gannett Company) claimed that "Walmart heiress Alice Walton expressed solidarity with Walmart's striking workers." Putting aside whether or not an action taken by what the company estimated may have been fifty associates is a "strike…