Wages & Prices

Nuns on the Bus tour leader Sister Simone Campbell appeared on MSNBC's The Cycle on Thursday afternoon to discuss her ministry, which predictably led to her left-wing agenda becoming the focal point of the conversation. The only host to take issue with her talking points was token conservative S.E. Cupp, who was armed with facts and figures that the good sister could not rebut except by…

CNBC’s Jim Cramer predicted a possible recession by Christmas if lawmakers didn’t step up and make some sort of deal in regards to the looming fiscal cliff. His prediction came during an Nov. 11 appearance on NBC’s “Meet the Press.” “We can gift wrap a recession by Christmas. We can set it right into place without some agreement,” Cramer told “Meet the Press” host David Gregory. He attributed…

One of the negative features of the current economic recovery has been declining incomes of average Americans. This trend continued in October.

From the Department of Damned if You Do, Damned If You Don't . . . The MSM delighted in raking Mitt Romney over its coals [solar cells?] for his 47% remarks.  So how do they react when Romney issues an ad saying that whereas both he and President Obama care about the poor, his plans will actually help them?  With scorn, of course. Check out the headline from today's Morning Score at…

CNBC's Joe Kernen on Monday called New York Times columnist Paul Krugman a communist. Kernen expressed the same sentiments for economist and Huffington Post contributor Dean Baker (video follows with transcript and commentary):

On Tuesday night, Democrats showcased Lilly Ledbetter as she attacked the Republican Party in general and GOP presidential nominee as out-of-touch with women and not committed to closing the so-called gender wage gap. It seems the partisan Ledbetter ignored or is blissfully unaware that female Democratic senators are egregious offenders when it comes to equal pay for their office staff. Will…

Apparently CNN considers the stating of cold, hard economic realities to be risky partisanship now. Take the case of  Papa John’s CEO John Schnatter claiming that ObamaCare will increase costs for his company.   Papa John's is not the first company to claim Obamacare will raise its costs, but it is the first to be viciously attacked by CNN.  [Video follows page break;  MP3 audio here.]

The Jurassic Press was in full-throated ObamaChorus mode in reporting on General Motors (GM)’s allegedly strong June sales. Very few failed to receive the sheet music.

The establishment press often pays a price in lost credibility when it ignores important economic reports. The original omission is bad enough, of course. But when subsequent business coverage makes assertions which the ignored reports directly refute, it leaves you wondering why you should even try to believe anything they compose. Such is the case with Martin Crutsinger's report today on…

Let me preface this by saying that I really appreciate everybody's response on the soapbox every week, whether they be pro or con. I certainly don't expect everybody to agree with my opinion. I rarely respond to the comments made unless I have, what I feel, is a very important and specific reason for doing so.

Making an absurd declaration on Friday's NBC Today, chief medical editor Nancy Snyderman asserted that the oppressive regime in Saudi Arabia was fairer to working women than the United States: "We still make 77 cents to the dollar as men. It's ridiculous. In a country like Saudi Arabia, where we question their rights, it's against the law to pay women less than men." [Listen to the audio or…

NPR's Tamara Keith forwarded the "war on women" talking point of Democratic senators on Tuesday's All Things Considered as she reported on their proposed Paycheck Fairness Act. Keith spotlighted how "the bill's author...Senator Barbara Mikulski from Maryland, points out women earn just 77 cents for every dollar made by a man in the same position. She says that's the real war on women."…

Readers are strongly advised to remove food, fluids, and flammables from proximity to their computers prior to reading any further. You've been warned! New York Times columnist Paul Krugman said on ABC's This Week Sunday, "It's terribly unfair that [President Obama is] being judged on the failure of the economy to respond to policies that had been largely dictated by a hostile Congress" (…

It must be campaign season. Fact-checking gurus are rating accurate statements by the Romney campaign as "Mostly False" or "Half True" or – the best – "True but False," since they're correct but they apparently don't tell the whole story. However, when President Obama made a factually-incorrect statement last week, he did not receive a "False" rating from the website PolitiFact, but…