Economy

Promoting the new season of his ABC sitcom Last Man Standing, actor and Republican Tim Allen joined Thursday’s Hannity on Fox News Channel (FNC) to blast the federal government over reckless spending, the national debt, and a culture of political correctness that he tries to rebuke on the show where he plays “a very smart Archie Bunker.”

Thursday morning at the Associated Press, aka the Administration's Press, Christopher Rugaber opened his coverage of the Census Bureau's New Residential Sales report as follows: "Buoyed by steady job gains and low mortgage rates, Americans purchased new homes in August at the fastest pace in more than seven years." Sorry, pal, it was the "fastest pace" in — wow — three months. The bureau's not…

In the litany of network news coverage Thursday night on Pope Francis’s address to Congress, ABC’s World News Tonight largely stayed away from the Pope’s comments about abortion and traditional marriage by relegating them to vague references while CBS and NBC did their due diligence and mentioned them amidst their continued obsession over the Pope’s liberal positions.

The competition for the most annoying aspect of establishment press business reporting is fierce. One which immediately identifies a reporter as hopelessly biased and ignorant is any reference to "laissez faire" as a condition allegedly present in any modern economy anywhere on earth. "Laissez faire" is an economic concept involving "an economic system in which transactions between private…

It would appear that Hillary Clinton's act is wearing thin even among the people at that liberal bastion known as NPR. Tuesday afternoon, the headline at an NPR story about Mrs. Clinton's sudden decision to publicly announce her opposition to the Keystone XL Pipeline project indicated that her announcement was deliberately timed to coincide with Pope Francis's visit to the United States (HT…

In the wake of the ongoing controversy surrounding Volkswagen’s diesel car emissions controversy, MSNBC reporter Tony Dokoupil wildly proclaimed that Republican politicians were cheering on the German car maker for deceiving the Environmental Protection Agency. Dokoupil appeared on All In with Chris Hayes Tuesday night and insisted that “[i]f you’re a Republican, if you think the EPA goes too far…

Word on the street is that ESPN is planning to lay off "200 to 300" employees in the coming months. The go-to euphemism surrounding the impending layoffs, according to Variety's Brian Steinberg, is "the changing media landscape," primarily the "cord-cutting" phenomenon. In July, the Big Lead blog, in discussing Keith Olbermann's expected departure from ESPN, explained that "millennials are…

Pope Francis is kicking off his American tour and attracting attention not just from Catholics, but the liberal news media that love everything the pope does that they agree with. If history repeats itself journalists will praise the pope for every liberal thing he says during the visit, especially about the economy, capitalism and wealth. The networks have called him “a different kind of pope”…

The business press just can't understand why the Federal Reserve decided not to raise interest rates on Thursday. After all, these alleged journalists have been telling us for months bordering on years that U.S. economy is really in good shape. So it should be able to handle a rate hike, especially after over seven years of rates at essentially zero. The problem is that they now believe their own…

The business press is trying to convince readers, listeners, and viewers that Janet Yellen's Federal Reserve kept interest rates at zero not because of U.S. economic conditions, which supposedly "look good" with "steady economic growth." No-no. She stayed the course because of the troubled tglobal economy. Thursday evening, Reuters wrote that the Fed failed to move "in a bow to worries about the…

In the pre-social media days, we endured "threats" from various people, mostly celebrities with far-left political views, that they would leave the country if a Republican presidential candidate won election or reelection. Late director Robert Altman, actor Alec Baldwin, actress Kim Basinger, singer Barbra Streisand, and others threatened to leave the U.S. in 2000 if George W. Bush won that year'…

In a near 180-degree reversal to his interview the previous evening with MSNBC's Rachel Maddow, Democratic presidential candidate and socialist Bernie Sanders found himself on Friday’s CBS This Morning being repeatedly slammed from the right by co-host Norah O’Donnell on his far-left tax plans and hope for a universal health care system. 

Either Nicholas Riccardi at the Associated Press is woefully ignorant, or he set out to deliberately mislead readers about the impact of Republican presidential candidate Jeb Bush's tax plan. I'll report the details; readers here can decide for themselves. Riccardi's "analysis," contained in his Sunday morning writeup covering the tax proposals of Bush, Marco Rubio and Rand Paul, contained the…

From its "Don't read this story, it's boring" headline to its obfuscating content, today's coverage at the Associated Press, aka the Administration's Press, of the Census Bureau's 2014 report on income and poverty in the United States was all about ensuring that readers know as little as possible about the declining incomes and disheartening increases in officially-defined poverty seen during the…