Wages & Prices

On MSNBC's "Daily Rundown" today, Steve Liesman robustly defended raising gasoline taxes as a way to address rising oil prices. The CNBC senior economics reporter minced no words to show his support for hiking the unpopular consumption tax in the midst of a sluggish economic recovery: "I want to offer that one of the real solutions here is a gas tax." After positing that the problem with…

ABC and NBC touted the Obama administration's new report on women by leading their evening news shows with it on Tuesday. Diane Sawyer gushed over the "huge new report," while NBC's Savannah Guthrie trumpeted the "first comprehensive White House report on women since...Kennedy asked Eleanor Roosevelt to lead a study." CBS also highlighted the report on Evening News and on The Early Show the…

Jon Stewart's latest anti-conservative screed included a satirical defense of top income earners and a tongue-in-cheek plea for teachers to pay their fair share, in the wake of the Wisconsin protests. On Monday's "Daily Show," the Comedy Central host offered a shallow assessment of the entire Wisconsin situation with not a single critical look at the state's public sector unions. Stewart's…

Shades of bitter-clingers! Chuck Todd has developed an interesting device to delegitimize support for Gov. Scott Walker, depicting his backers as uneducated, frustrated, blue-collar people who are willing to "lash out at government workers." Yup, there's no respectable basis to support Walker and his call for reforms on a collective bargaining system that has nearly wrecked Wisconsin and…

James Taranto could be the best columnist around.  Every day at his Best of the Web at the Wall Street Journal online, Taranto turns out an original, often unconventional, conservative take on the news, regularly managing to leaven the message with humor. Rush today rightly extolled Taranto's column of yesterday, in which he made the point that there is a vast, inherent difference between…

On the February 22 edition of "American Morning," CNN's Carol Costello framed the ongoing budget debate in Wisconsin as a struggle between embattled middle class workers and corporatist Republicans with ulterior motives, parroting SEIU President Mary Kay Henry to warn viewers that "corporate America is about to win big time." "Henry says corporate America save themselves money in wages by…

Former House Majority Leader Dick Armey said Monday that MSNBC's Chris Matthews is slipping out of touch with reality. After reading New York Times columnist Paul Krugman's idiotic piece Friday, I think the same can be said of him:

On Tuesday's CBS Early Show, correspondent Michelle Miller reported on planned closures of 2,000 U.S. Post Office locations: "...in this age of digital communications, online bill paying, and Federal Express, are physical post offices still relevant?" She seemed to answer her own question: "Folks are not going to let this go down without a fight...It's what makes their community whole."…

Ed Schultz on Tuesday spent a great deal of time blaming the crisis in Egypt on rising food prices tying commodity inflation to former President George H.W. Bush and Wall Street speculators. Not once in over fifteen minutes of air time were the name Bill Clinton or the two bills he signed into law that deregulated the financial services and commodity futures industries mentioned (videos…

Since its inception, NewsBusters has informed readers of the tendency of liberal media members to completely make up economic data when it fits their agenda. Not surprisingly, this happened on Friday's "Real Time" when host Bill Maher brought up Reaganomics and MSNBC's Rachel Maddow proudly told - she even stood up to tell this whopper! - a 100 percent falsehood about income gains during that…

For Chrystia Freeland, the thought of only taxing wealthy estates 35 percent is "destructive to the fabric of America." The Reuters global editor-at-large went on a ear-piercing tear this afternoon on MSNBC's "Dylan Ratigan Show," stoking the flames of class warfare. "[The wealthy] were just born–it's the lucky sperm club, right?" screeched Freeland. "I don't think American wealth should be…

The Wall Street Journal can't seem to decide whether Sarah Palin is knowledgable on monetary policy or not. WSJ reporter Sudeep Reddy criticized Palin's "inflation hyperbole" in an article Tuesday, claiming that, contrary to Palin's claims, "Grocery prices haven’t risen all that significantly." "Do Wall Street Journal reporters read the Wall Street Journal?" Palin shot back in a Facebook…

One of the more egregious results of the Democrat-controlled Congress skipping town without passing a budget, thus failing to address the issue of whether scheduled income tax increases will really go into effect for everyone, the highest income-earners, or no one at all, is that the Internal Revenue Service and employers have been left in the lurch with no idea of how to prepare for next year…

Appearing as a guest on Wednesday’s The Ed Show on MSNBC, Newsweek’s Jonathan Alter applauded President Obama for bringing "poetry" back into the campaign as he cited former New York Democratic Governor Mario Cuomo’s famous saying about campaigning "in poetry" and governing "in prose." Alter: "Look, he (Obama) overlearned Mario Cuomo's famous lesson. Cuomo said you campaign in poetry and govern…