Economy

President Obama’s budget is finally out -- a mere 65 days late -- and it’s loaded with tax increases.  At yesterday’s press briefing, White House flack-in-chief Jay Carney admitted that middle class tax increases were coming.  But if a tree falls in the woods, does anyone hear it? Major media outlets like the New York Times, Los Angeles Times, Washington Post, and sadly even the Wall Street…

On Tuesday's The Last Word with Lawrence O'Donnell, MSNBC host O'Donnell fretted that people "suffer deprivations" in the United States because the U.S. is the "world's biggest tax haven" with a relatively low tax burden compared to other countries. After showing his viewers a chart recounting that the U.S. ranks 31st in the percentage of the economy the government collects in taxes, O'Donnell…

Karen Finney’s days as a Democratic National Committee spokeswoman are over, but you would never know that by listening to her speak in her current role as MSNBC contributor. On Saturday’s Weekends with Alex Witt, Finney essentially reprised her role as DNC press secretary during a discussion with former Rep. Tom Davis (R-Va.) about President Obama’s proposed budget. Host Alex Witt asked…

Maybe MSNBC was trying to deflect some of the controversy surrounding Melissa Harris-Perry's previous "Lean Forward" promo by pushing out a new one. MH-P had provoked outrage in that earlier promo by proclaiming that "kids belong to their communities," not to their parents. But if anything, the new promo aired during today's Morning Joe just adds fuel to MH-P's socialist fire. While claiming…

On Monday's All In show on MSNBC, host Chris Hayes praised Britain's "beloved" national health care program as possibly "one of the great hallmarks of western social democracy," as he admitted to delivering criticism from a liberal point of view of former British Prime Minister Margaret Thatcher's administration.

While most regular people don’t really know or care who he is, Rupert Murdoch is among a small handful of individuals who is most despised by the far left in this country. Unlike many others, he also has the great distinction of being loathed by exponents of socialism worldwide. After reading (or watching) the speech which he recently gave to an Australian think tank called the Institute of…

Sometimes the media will engage in selective amnesia, pretending to forget about a past occurrence because the memory of it would hurt the liberal narrative they are trying to advance. That was clearly the case on this Saturday’s CBS This Morning. The network’s political director, John Dickerson, was on to discuss President Obama’s forthcoming budget proposal, which is expected to include…

Your daily dose of inadvertent humor comes from an article by Annie Lowrey at the New York Times on Sunday evening ("Lew to Press for European Policy Changes"; also in today's print edition). In "covering" (from Washington?) Treasury Secretary Jack Lew's four-day European trip for meetings with EU leaders encouraging them to pursue "growth" policies -- which in Keynesians' fevered minds…

As NewsBusters has been reporting, the Sunday political talk shows didn't seem very interested in the lousy jobs numbers that were released by the Labor Department last Friday. By far the worst performance in this regard was turned in by CBS's Face the Nation which didn't utter one single word about the issue throughout the course of the entire one hour broadcast.

There was a lousy jobs report from the Labor Department last Friday that has led some people to fear the already soft economic recovery might be slowing down. Despite this, ABC's George Stephanopoulos, during a lengthy This Week interview with Barack Obama senior adviser Dan Pfeiffer Sunday, didn't ask one single question about that report or the state of the economy.

CNBC’s Jim Cramer made a statement on NBC’s Meet the Press Sunday that likely shocked the host as well as the other liberal media members involved in the discussion. After David Gregory mentioned Friday’s lousy unemployment report, Cramer said, “This is stunning. Stunning. And I think a lot of it had to do with fearmongering” (video follows with transcribed highlights and commentary):

I guess Byron Tau thought he had to make it look like Big Labor is really, really mad at President Barack Obama and the White House so he could make Obama look like he's a moderate on economic and fiscal issues. Thus his Sunday morning post's headline: "Labor targets Obama over proposed benefit cuts." Of course, they aren't "cuts" at all, though they are being portrayed as such. All Obama has…

The disgraceful lengths to which writers in the establishment press will rewrite history to paper over the economy's awful performance during the past five years is perfectly illustrated in one paragraph found in an otherwise decent Associated Press "Big Story" report ("Dropouts: Discouraged Americans leave labor force") Saturday evening by Paul Wiseman and Jesse Washington, with help from…

After telling the world on Thursday that "Gone are the fears that the economy could fall into another recession," it seems that the Associated Press's Christopher Rugaber needed some help explaining away Friday's weak jobs report from the government's Bureau of Labor Statistics. The AP had four reporters on Friday evening's coverage, all seemingly in search of a viable excuse for another "…