Economy

USA Today reporter Richard Wolf's afternoon coverage of the Supreme Court's Hobby Lobby decision this afternoon appeared to be completely ignorant of the dire financial consequences which would have been visited on the company had it lost today. He also allowed unscientific and objectively wrong arguments about conception to be advanced by those who wanted to see Hobby Lobby defeated.…

An undated but clearly recent page at the National Wildlife Federation breathlessly warns readers, in a section entitled "Threats from Global Warming," that "Lake Erie water levels, already below average, could drop 4-5 feet by the end of this century, significantly altering shoreline habitat." A Thursday Huffington Post Canada Business entry observed that "the (Great Lakes) basin has…

In a Thursday evening writeup about how the U.S. Fish and Wildlife Service will allow a California wind farm to "become the first in the nation to avoid prosecution if eagles are injured or die when they run into the giant turning blades," reporter Scott Smith at the Associated Press, aka the Administration's Press, took a big gulp of his hi-test White House koolaid, and wrote: "Under President…

Math is hard over at the Department of Labor these days, pretty much from top to bottom. Last Friday, the DOL listed what it says were the 31 states which showed "statistically significant" job growth in the 12 months ended in May. It turns out that six other states should have been on that list, dropping Ohio, which was the slowest-growing among those originally listed, from number 31 to 37…

In an exercise supposedly "aimed at understanding the nature and scope of political polarization in the American public, and how it interrelates with government, society and people’s personal lives," the Pew Research Center for the People & the Press has published a 185-page report containing some of the most ridiculous either/or questions I have ever seen in a polling effort. Its mission…

People who refuse to drink the Kool-Aid known as global warming-climate change are not just "deniers"; we are guilty of a "nihilistic refusal" to address the issue. So says a Washington Post editorial commenting favorably on Monday'sSupreme Court ruling that allows theEnvironmental Protection Agency, under certain limits, to proceed under the Clean Air Act to regulate major sources of…

Reporting on yesterday's demise of New York City's jumbo-soda ban in New York State's Court of Appeals, the New York Times's Michael Grynbaum loaded his June 27 story with weighted language in favor of the vanquished side of the policy and legal arguments and presenting the fight as one between well-intentioned health advocates on one end and evil, greedy soda barons -- Big Fizz? -- on the…

Slowly but surely, the confident assurances of a fantabulous second quarter for the U.S. economy — one which is supposed to make the serious first-quarter contraction reported on Wednesday a distant memory — are crumbling. Yesterday at the Associated Press, Martin Crutsinger, who just a couple of weeks ago had been relaying confident second-quarter predictions of annualized 3.5 percent and…

My, those "this quarter's really, really going to be great" predictions can disappear so quickly these days. Yesterday, in the wake of the government's third revision to gross domestic product showing that the economy shrunk by an annualized 2.9 percent during the first quarter instead of the previously reported 1.0 percent, commentators, analysts, and economists fell all over themselves…

The press, even in the wake of yesterday's awful reported 2.9 percent annualized first-quarter contraction, continues to regale us with noise about the economy's "recovery" during the past five years. As P.J. Gladnick at NewsBusters noted yesterday, CNNMoney.com's Annalyn Kurtz, in giving readers "3 reasons not to freak out about -2.9% GDP," concluded her report by telling readers that "This…

Hillary Clinton is touring to promote her State Department memoir “Hard Choices,” but most of the news she’s made along the way relates to her personal finances, not her tenure in Foggy Bottom. On Tuesday, New York magazine’s Jonathan Chait examined Hillary’s “dead broke” comment and other recent remarks and revelations about the Clintons’ money with an eye toward whether or not they’ll…

Carol Costello is trying. She is trying really really hard not to FREAK OUT over the lousy economic news today about the Gross Domestic Product falling 2.9% in the first quarter of the year. Feeding freaked out Carol economic Soma pills to calm her down is Chief Business Correspondent  for CNN, Christine Romans. However, despite her efforts, it is obvious that poor Carol is still FREAKED OUT…

Acting as a cheerleader for the White House "Summit on Working Families" on Tuesday's NBC Today, 9 a.m. ET hour co-host Natalie Morales hailed: "A lot of good talk at the White House yesterday. You know, the whole conversation about managing work-life balance." She teed up a clip of President Obama speaking at the event: "He spoke about the importance...of having that balance in his own life…

Sounding a familiar theme at the Associated Press ahead of awful economic news, Christopher Rugaber and Martin Crutsinger prepared a column in advance of tomorrow's final report on the economy's first-quarter economic contraction reminding us, with far more certainy than is justified, that "A GRIM US ECONOMIC PICTURE IS BRIGHTENING." Guys, before you "brighten," you first have to step out of…