Economy

On Tuesday's All In on MSNBC, during a discussion of the federal budget and spending on poverty programs, host Chris Hayes suggesting reducing unemployment by having the government hire workers as he jokingly suggested having another census because unemployment dropped the last time census workers were hired. After guest Tom Colocchio of Food Policy Action called for more "job training…

It’s typical of MSNBC weekend anchor Alex Witt to invite guests on her show who only reinforce her opinions, and that is exactly what happened on Sunday’s Weekends with Alex Witt. For a discussion of Democratic efforts to increase the minimum wage, Witt brought on frequent contributor Jared Bernstein, Vice President Joe Biden’s former chief economist.  But that’s not all he is. Witt added…

Monday evening at the Associated Press, aka the Administration's Press, Hope Yen, with the help of lead AP pollster Jennifer Agiesta and three other reporters, tagged 20 percent of Americans as "rich." To do so, she reinvented what it is to be "rich" or "affluent." It apparently has nothing to do with how it is normally defined, i.e., based on current net worth (assets owned minus debts owed…

This month, the Boston Globe and the New York Times have published items on the growth of homelessness in the state of Massachusetts and New York City, respectively. Based on the content of each, it's clear that the topic was ripe for coverage in 2012, but received little if any. I wonder why? (/sarcasm) The Globe's regular-length news story by Megan Woolhouse and David Abel cited the state's…

A liberal radio host raved over CNN's completely one-sided report on striking fast food workers, and CNN anchor Chris Cuomo acknowledged his praise on Twitter on Thursday. Cuomo constantly rails against partisanship on Capitol Hill, so it's surprising that a news anchor who wishes to appear above the fray would publish some love from an unabashedly left-wing source. And why did the radio…

Former Federal Reserve Chairman Alan Greenspan made some rather ominous economic observations Sunday. Appearing on CNN’s Fareed Zakaria GPS, Greenspan said, “[T]he level of uncertainty about the very long-term future is far greater than at any time I particularly remember.” He blamed it on “government intervention [that] has been so horrendous that businesses cannot basically decide what to…

Filling in for host Chuck Todd on Thursday's MSNBC Daily Rundown, Luke Russert suggested liberal calls for a hike in the minimum wage had created a "tough issue for Republicans" and that by opposing the idea, the GOP would "risk looking like Grinches over the holiday season." [Listen to the audio or watch the video after the jump] Republican pollster Kristen Soltis Anderson pushed back: "In…

The unemployment rate unexpectedly dropped to 7 percent last month as employers added 203,000 people to their payrolls. This should be good news, right? Not to the folks at the perilously liberal Huffington Post who actually published an article Friday with the hysterical front page headline, "Strong Jobs Report Could Doom Unemployment Benefits."

On Thursday, ABC, CBS, and NBC's morning newscasts all spotlighted how "fast food workers across the country are holding strikes to demand higher wages", but failed to point out the involvement of left-leaning groups in organizing the protests. ABC's Good Morning America and CBS This Morning featured spokesmen from the "Fast Food Forward" movement, but didn't include their respective…

"If everyone demanded peace instead of another television set, then there'd be peace." -- John Lennon "Black Friday" was a metaphor beyond the merchants' bottom line. Headlines on last Friday's Drudge Report reflect a culture that is being trampled by the greed and me-only attitude of a growing number of us:

Newsmax had an interesting item this evening about a CNN/Opinion Research poll released Friday. The poll shows that "Americans views on the state of the nation are turning increasingly sour." Specifically, "Fifty-nine percent say things are going badly, up nine points from April." The inverse of that, i.e., the 41% who feel that things are going well, is "the lowest that number has been in CNN…

On October 3, the National Retail Federation projected that "sales in the months of November and December" will "marginally increase 3.9 percent to $602.1 billion, over 2012’s actual 3.5 percent holiday season sales growth." But on October 16, it warned that "the average holiday shopper will spend $737.95 on gifts, décor, greeting cards and more, two percent less than the $752.24 they actually…

On Sunday's 60 Minutes, CBS's Steve Kroft boosted the agenda of Senator Bernie Sanders, a self-identified socialist, by granting him 30 seconds of air time to attack billionaire Pete Peterson, who was featured on the November 17, 2013 edition of the news program. However, this half-minute block was 2.5 times the amount that Peterson got during Charlie Rose's report [MP3 audio available here;…

HealthCare.gov is so insecure that IT experts say they wouldn't use it themselves. The supposedly firm November 30 deadline for the web site's repair and recovery really isn't. Back-end problems abound. Earlier this week, Henry Chao told a congressional committee that "the back-office systems, the accounting systems, the payment systems, they still need be built." That is, they apparently haven…