Wages & Prices

In an Andy Rooneyesque rant about how his latest movie-going experience "left much to be desired," CBS White House correspondent Mark Knoller hinted he wouldn't mind seeing liberal consumers groups tackle hefty snack prices at the nation's movie theaters. He even suggested the short titles for two bills Congress could draft on that front. From Knoller's November 12 Couric & Co. blog post (…

I have to figure, after looking at the results of this Google News search on "real earnings" (in quotes), that Old Media business reporters found what came out in the Bureau of Labor Statistics' Real Earnings Report too difficult to understand. The search shows that only the Providence Journal among Old Media outlets mentioned the report, which was released Wednesday. So in the interest of…

As NewsBusters reported Wednesday, wheat prices soared last week to their highest levels in history. As many consumer products are made from this grain, and media love to carp and whine about inflation, one would have expected great focus to be given to this issue. However, as some of the upward pressure on wheat prices is directly attributable to biofuels, a global warming obsessed media…

Most Americans understand that unemployment declining is a good thing. Yet, the folks at the Associated Press seem confused about this economic statistic as evidenced by an article published Saturday entitled "Help Wanted Ads Go Unanswered in West." In fact, contrary to a media fixated on bashing corporations and business owners as greedy little devils, Matt Gouras' piece actually elicited…

At OpinionJournal.com on Thursday ("Fair but Unbalanced -- How the media promote false pessimism about the economy"), Brian Wesbury, who has written several times on the disconnect between the strong economy and the public's perception of it (previous references here, here, here, here, and here), had another generally stellar column about what is nonetheless a relatively small piece of the…

Okay, we’ve all heard that hybrid vehicles are better for the environment. But how do they measure up when it comes to the green in your wallet?Even starlet Paris Hilton has boarded the hybrid bandwagon, as reported by BPM Magazine.“I came in a hybrid car because I think that’s the way to go – to save energy and to save our earth from all this – you know pollution so I think if everyone just…

Let them eat cake – because we are too.Our TV network media personalities really want you to believe they can relate to the average American. After all, when you’re a high-minded soldier fighting on the side of the proletariat, it’s important to be a victim of the economic injustices you bring to light, right?Not so fast. It turns out some of the most prominent journalists are doing quite well,…