Economy

Timothy Egan, liberal New York Times reporter turned left-wing Times columnist, made Friday's paper accusing some conservative Republicans born disadvantaged as being "Traitors to Their Class." Egan's columns are typically online only, but the paper liked this one enough to feature in print. One can see why; it has the easy, superior mockery of Republicans who grew up poor but have the audacity…

The Associated Press's most recent story on the controversial Starbucks USA Today "Race Together" campaign came out Wednesday evening. In that story, AP Food Industry Writer Candice Choi quoted Starbucks CEO Howard Schultz at his company's annual shareholders' meeting predicting that "Some in the media will criticize Starbucks for having a political agenda," but that "Our intentions are pure."…

Bracket busted? How about a nice Marxist critique of the NCAA tournament? Call it the theory of surplus value in high-tops . . .  On Melissa Harris-Perry's MSNBC show today, David Zirin, sports guy at the far-left Nation mag, called the NCAA tournament nothing less than "the organized theft of black wealth."

Elizabeth Stoker Bruenig claims that the use of “taxpayers” (rather than "people") in discussions of fiscal and economic issues benefits conservatives for reasons including that it “seems to subtly promote the idea that a person’s share in our democratic governance should depend upon their contribution in taxes” and bolsters the makers-vs.-takers argument that became associated with Republicans…

In all the hoopla over the Federal Reserve's Wednesday's signals over its intentions to raise interest rates, its significant downgrades to expected growth of the U.S. economy during the next several years have mostly been ignored. The Associated Press, aka the Administration's Press, has played a part in that. Both of the wire service's reports following the Fed's actions and predictions on…

During his Thursday monologue, Tonight Show host Jimmy Fallon turned to the Obama administration for the source of his current events jokes as President Obama, Vice President Joe Biden, and even the scandal-ridden Secret Service each saw a few jests sent their respective ways.

“The [European] continent is no longer a subject of liberal pining and aspiration,” remarks Benjamin Wallace-Wells. “Europe and Israel have…been examples of alternative ways in which American society might be arranged, if it were less individualistic, more communal. But after the news of the past few weeks, and in many ways the past decade, these dreams for Europe and Israel have rarely looked…

Although the Associated Press recently claimed the jobs situation in the U.S was looking “robust” and “healthy,” one South Carolina woman called that a “slap in the face.” The woman, Alice Lang from Spartanburg County, South Carolina, wrote to Forbes contributor John Zogby to share her story. She also condemned the practice of not counting long-term unemployed as unemployed.

New York magazine’s Jonathan Chait claims that for today’s GOP, “everything Reagan thought or did was presumptively correct, even the things that contradict the other things he did.” Specifically, “the Reagan cult is largely (though not entirely) a propaganda vehicle for the anti-tax movement,” even though “in reality, Reagan veered wildly out of step with anti-tax orthodoxy.” The Washington…

Apparently, the sheer number of weak to awful economic reports seen during the past month or so finally led Josh Boak at the Associated Press, aka the Administration's Press, to acknowledge that "critical pieces of the economy remain troubled almost six years into the recovery." Boak's belated timing is interesting, to say the least, given that the Federal Reserve is weighing whether or not to…

As we know - America’s media is for the most part decidedly Leftist, often befuddled and rarely right.  So when they wade into an intricate issue like President Barack Obama’s Net Neutrality Internet power grab - we can only expect even more Leftism, befuddlement and wrongness. On February 26, the Obama Administration’s Federal Communications Commission (FCC) pretended to be Congress and rewrote…

Esquire’s Pierce claims that Republicans’ subversive efforts are fueled by a mixture of avarice (“they want the country to come apart so they can sell off the pieces to the people who run their campaigns”) and racism: “This heresy, which should have died at Gettysburg, is part and parcel of the modern conservative movement, which was born out of the flotsam left behind by the (partial) fall of…

The only surprise should be that anyone is surprised. Those who are used to how frequently the word "unexpectedly" appears in reports about disappointing economic data certainly won't be at all shocked at a Friday Bloomberg News report by Steve Matthews and A. Catarina Saraiva telling readers that "U.S. economic data have been falling short of prognosticators' expectations by the most in six…

The business press's ability to keep up the appearances of "recovery is just around the corner" for over 5-1/2 years has been simultaneously amazing and disgusting. One of their strategies has been to define a "new normal" which is only presented that way because everyone knows deep-down that as long as the left controls economic policy, the nation's economy won't ever really get any better than…