Economy

For an understanding of just how weak the business press's understanding of economic fundamentals is, look no further than Paul Wiseman's brief "coverage" at the Associated Press Wednesday of the Federal Reserve's awful Industrial Production. The Fed reported yesterday that industrial production fell by 0.6 percent in November on top of a revised -0.4 percent (down from -0.2 percent) in October…

Reuters and reporter Lucia Mutikani went way overboard today in reacting to today's residential construction news from the Census Bureau. Mutikani's headline contended that today's "housing data signals economic strength," while a section title claimed that there are "strong housing fundamentals." That can only possibly be true if one believes the world began in 2007.

When it comes to global warming, Esquire’s Charles Pierce implies, it’s now conservative Republicans and a few hidebound Democrats versus pretty much everyone and everything else, including the world’s non-human animals and its plant life. Meanwhile, New York magazine’s Jonathan Chait opined that the Paris climate deal was “probably the [Obama] administration’s most important accomplishment."

One hesitates to give attention to Jesse A. Myerson. But it's probably worth it, if for no other reason to contend that many of his beliefs are likely shared by the mindless lemmings disguised as "journalists" who wildly cheered on Saturday when an obviously orchestrated "climate change" agreement designed ultimately to redistribute massive amounts of wealth from developed to underdeveloped…

Imagine a Republican or conservative governor boasting of his or her use of "the coercive power of government" to accomplish center-right policy goals. The political and media backlash would be furious — and justified. Such statist rhetoric is becoming ever more commonplace on the left, and is rising to ever higher political levels. The establishment press is mostly ignoring this development,…

Apparently a generation of "journalists" has been raised to believe that the matter of human-caused global warming is "settled science," and that anyone who doubts the agenda-driven, redistributionist "climate change" movement is an enemy of civilization. Additionally, these people clearly don't understand the orchestrated, false-drama nature of diplomatic gatherings such as the one in Paris…

On Friday's Andrea Mitchell Reports on MSNBC, as guest and NBC host Chuck Todd attempted to psychoanalyze Donald Trump supporters, host Mitchell compared Trump voters to those who supported segregationist Alabama Democratic Governor George Wallace in the 1968 presidential campaign, as she and Todd both suggested that Trump supporters believe America was "great" when it was more "majority white."

For a change, Martin Crutsinger's coverage at the Associated Press of the federal government's November Monthly Treasury Statement wasn't completely full of rose-colored baloney. Crutsinger managed to note how auto-pilot entitlement programs like Social Security and Medicare are bankrupting the country (not in those words, of course). That said, he somehow thought that highlighting a rare and…

On Wednesday, The New York Times posted an article by reporter Robert Pear calling out Marco Rubio for taking the pen to Obamacare in the budget legislation from last year. On Thursday, it appeared on the front page with the headline “Rubio Measure Delivered a Blow to Healthy Law.”

For those who still believe that Black Lives Matter is legitimate grass-roots movement which came out of nowhere in response to events in Ferguson, Missouri over a year ago, consider BLM co-founder Opal Tometi. Tometi somehow took the time and somehow found the money to get down to Venezuela, home of the latest failed attempt to impose a socialist "workers' paradise" on an unwilling population.…

In the middle segment of Wednesday’s CBS Evening News, the newscast promoted a new Pew Research Study that illustrated the decline of the middle class in the years since the Great Recession to the point that, as anchor Scott Pelley highlighted, “[t]he middle class is no longer the majority in America.” Of course, as the liberal media naturally does, they neglected to include any placement of…

The climate conference in Paris hadn’t even begun, before climate alarmists were warning a far more stringent emissions agreement was necessary. British Labor Party politician Ed Milliband wrote for The Guardian on Nov. 22, that the Paris summit “can save the planet,” but not with the emissions pledges that are expected. Heralding the falling costs of solar and wind, Milliband claimed zero…

If you think journalists' ignorance of American history and economic fundamentals is bad now, give it a few more years. The University of North Carolina's School of Media and Journalism "has updated its curriculum requirements to give students more choice and flexibility in meeting the school’s graduation requirements. The change is in response to consistent feedback the school has received from…

From time to time over the past nine years, I have written about "globaloney," a shorthand term for the pseudo-science behind “climate change,” and “globalarmism” to describe the enviro-hysteria over "global warming" and the misguided public-policy prescriptions arising from that hysteria. Since the Paris climate talks have just begun, the press hysteria has reached a fever pitch. At the…