Economy

Should Fauxcahontas be flattered . . . or furious?  The title of Elizabeth Warren's new book is "A Fighting Chance," a "rabble-rousing" rant by the populist from the Harvard faculty lounge. So here comes Hillary Clinton, who in a speech this week just happened to say "I want every one of our children to feel that they are inheriting the best of America ... that this country is on your side; that…

The real problem with Wisconsin Democratic gubernatorial candidate Mary Burke's "jobs plan," the detailed version of which appears to be no longer available at her campaign's web site, isn't its plagiarized material. It's the content. The presence of certain obviously wrong facts and patently pathetic assertions indicates that Ms. Burke, a successful entrepreneur who one would think should have…

CNN's Twitter account on Thursday boosted a Rolling Stone article that hyped the far-left Occupy Wall Street movement's latest efforts. The social media post touted, "Think #OccupyWallStreet is dead? Think again. This short-lived occupation is still fighting for five key issues," and linked to Rebecca Nathanson's Wednesday piece on the "five campaigns that OWS-inspired groups have continued to…

The Census Bureau reported earlier today that seasonally adjusted housing starts and homebuilding permits fell by 14.4 percent and 5.6 percent, respectively, in August. The detail wasn't any better, as the two categories within each statistic — single-family and multiple-dwelling homes — also fell. You can tell that the news wasn't seen as good at the Associated Press, because Josh Boak's…

As been its habit since Barack Obama took office in 2009, the Associated Press has, whenever possible, considered the impact of news developments on the President and his party as far more important than what's actually happening in the lives of real people. The latest example is the wire service's coverage of Tuesday's Census Bureau report on income, poverty and health insurance coverage in the…

The Politico email Tuesday night announcing incumbent Andrew Cuomo's primary victory in New York over a far-left opponent described the incumbent Democratic governor as having an "at-times centrist governing style." Surely that nonsense wouldn't make it into the online publication's actual story, I thought. But of course, it did. This about a governor who has openly advocated confiscating guns,…

CNBC's Dan Mangan, last seen at NewsBusters claiming that the American people want politicians to just "shut up about Obamacare," is out with a column today reacting to the Kaiser Family Foundation's latest Affordable Care Act-related polling effort. Sarah Ferris at the Hill also reviewed the poll, and has two primary messages for readers. First, "support for ObamaCare continues to fall." Second…

The press is good at putting the most positive spin possible on the monthly job-market news. But at the same time, many of its members still claim that food stamp enrollment remains as high as it is because of the lingering effects of the (Bush did it) recession. On Friday, following the release of August's employment numbers, Obama administration Labor Secretary Tom Perez celebrated how "…

The Obama administration-prepared koolaid delivered to the Associated Press's economics writers on Monday must have been extraordinarily concentrated. How else can you explain how the AP's Christopher Rugaber could have written the following — "The U.S. job market has steadily improved by pretty much every gauge except ... Pay" — without doubling over with laughter? No, Chris. The reason pay…

Joe Scarborough scoffs at Thomas Friedman's suggestion that the way to confront ISIS is for the US to adopt a carbon tax and permit oil exports.

On Wednesday, the New York Post reported that in addition to Matt Lauer's $20 million annual salary, NBC News recently agreed to start flying the Today co-host back and forth from work to his lavish estate in the Hamptons. Such details of Lauer's one percent lifestyle stand in stark contrast to the common-man image he projects on the morning show. In fact, Lauer has frequently used his media…

If reform-conservative pundit Reihan Salam gets his way, Mitt Romney will join Ronald Reagan on the list of Republican governors of coastal states who were elected president of the United States on their third try. In a Friday column for Slate, Salam wrote that he’s “delighted” about “speculation” that Romney “is at least considering another presidential run.” Salam argued that if Romney does…

In a Wednesday report on the Congressional Budget Office's downward revision of this year's predicted gross domestic product growth to a dismal 1.5 percent, the Associated Press's Andrew Taylor acted as if the Obama administration's prediction of 2.6 percent still has a realistic chance of occurring. While one never wants to absolutely say never, the administration's higher prediction would…