Economy

Former U.S. Labor Secretary Robert Reich made a very curious statement on Monday’s Morning Joe. During a roundtable discussion on income inequality, former congressman Harold Ford Jr. (D-Tenn.) asked Reich what policies, besides raising the minimum wage, the government should employ in order to improve economic mobility and increase middle class purchasing power. [Video below. MP3 audio here…

Monday afternoon at the Associated Press, aka the Administration's Press, Andrew Taylor predictably described the House's passage of the Ryan Budget in shrill terms (in order of appearance): "A slashing budget blueprint"; "Sweeping budget cuts"; balances the budget "at the expense of poor people and seniors"; "sharp cuts to domestic programs"; "staking out a hard line for the future"; and "…

On Thursday, Christopher Rugaber's assignment at the Associated Press was to cover that day's release of Uncle Sam's Monthly Treasury Statement for March. If the AP economics writer had limited the scope of his coverage to the statement itself, his coverage would have been passed muster. But, as he and his AP colleagues so often do, Rugaber felt it was duty to offer what he must have thought…

Guess who's all of a sudden standing up for law and order? Why, it's radical environmentalists, who despite their general disdain for lawful behavior have felt compelled to speak out in support of the Bureau of Land Management's attempts to round up Cliven Bundy's cattle and ultimately force the Nevada rancher to abandon his family's century-old business. Martin Griffith at the Associated…

On Friday, Reuters dispatched Sarah McBride, a San Francisco area reporter, to cover a protest by two dozen people. Seriously. According to the headline at McBride's story, the presence of these two dozen protesters demonstrated that "San Francisco tech money protests intensify." McBride utterly failed to describe the protester's ultimate goals: lots and lots of money and an end to capitalism…

Associated Press stories today on the quarterly earnings releases of Wells Fargo (unbylined) and JPMorgan Chase (by Steve Rothwell) essentially mocked the nearly continuous monthly stream of reports the wire service's economics writers, particularly Martin Crutsinger and Chris Rugaber, have generated about the "housing recovery" during at least the past year. The Wells Fargo story disclosed…

Democrats have clung to the claim that women earn 77% of what men do with religious fervor, as evidenced by the "religious revival, Praise Jesus" atmosphere at President Obama's equal pay event at the White House earlier this week. But although the 77% figure has been thoroughly debunked, on today's Morning Joe Mika Brzezinski alleged that the real gap is actually "far worse." Mika made her…

Looks like the left might be getting some of that old-time religion.  Old-time, as in circa 2007-8, when Barack Obama was being hailed as The One and some sort of messiah. On today's Morning Joe, Mika Brzezinski described yesterday's White House equal-pay-for-women event which she attended, sitting next to Valerie Jarrett. Brzezinski said  "it was sort of like a church revival. I'm telling…

On Tuesday evening, the networks all dutifully touted President Obama's call for equal pay for women in the workplace. NBC and CBS ignored Obama's hypocrisy – the pay gap that exists among his own White House staff. ABC's Diane Sawyer put a dramatic spin on the news, saying Obama called for "action" on the "explosive issue of equal pay for equal work." The World News did note the GOP…

Mellody Hobson, the woman President Obama once described as “one of my earliest supporters” appeared on CBS This Morning on Saturday April 5 to glorify the March jobs report which showed that the economy created just 192,000 jobs.  Co-host Anthony Mason described Hobson as a “CBS News contributor and analyst” before the Obama donor declared “The good news to me, it wasn't a disaster. It wasn'…

MSNBC seems to be doing everything it can to let its viewers know that it is the Obama propaganda network. With Tuesday April 8 being Equal Pay Day,  the “Lean Forward” network has been doing its best to misinform its viewers about the supposed pay gap between men and women. Appearing on her daily “Jansing & Co.” program, host Chris Jansing openly cited the White House during an interview…

On April 1 for its April 2 print edition, the New York Times allowed Venezuelan dictator Nicolas Maduro to hold forth in an op-ed about how wondrously the country has been ruled since 1998, mostly by the late Bolivarian thug Hugo Chavez and during the past year by himself. Maduro's piece made the Times's print edition. The Times posted letters objecting to Maduro's characterizations of his…

Several weeks ago, MRC-TV's Dan Joseph visited the Democratic Party's winter meeting to see if attendees could name a single tangible of Hillary Clinton during her tenure as Secretary of State. They couldn't. It turns out that Hillary Clinton herself can't even do that. Remember how Texas Governor Rick Perry was mercilessly ridiculed in the press for his 2011 debate brain cramp when he couldn…

This afternoon, in an unbylined item headlined "US BUSINESS HIRING FINALLY TOPS RECESSION LOSSES," the Associated Press showed that it deserves the nickname "Administration's Press." The story embarrassingly described the job market's return to its previous January 2008 employment peak as a "pivotal moment." Get real. Given over six additional years of growth in the adult population, that's…