Obama Misses Budget Deadline 3rd Year in Row, White House Refuses to S
Just three days after the inauguration, a White House official told The Hill's Erik Wasson that the Obama administration would be nine days late in presenting its budget blueprint, going to Congress on February 13 with the multi-volume spending plan instead of the February 4 deadline set by federal law. This marks the third year in a row that the president has missed the budgetary deadline.…
IBD Notes Disturbing and Virtually Unreported Reduction of Retail Hour
In a Friday editorial, Investor's Business Daily picked up a disturbing downside in the January 2013 jobs report released by the government's Bureau of Labor Statistics earlier that day: More people are working, but they're working fewer hours per week. In certain sectors, including retail, the industry's aggregate hours worked actually shrank compared to January 2012. Memo to Chris Rugaber at…
US News Item on How Working Less Might Slow 'Climate Change' Ignores U
A Monday US News item by Jason Koebler ("Study: Global Warming Can Be Slowed By Working Less") illustrates how radical thought injects itself into establishment press news stories.
Koebler's work attempts to be cute, with its picture (a cyclist taking a nap), its subheadline (a suggestion that "a more 'European' schedule would reduce the effects of climate change"), and its opening ("Want to…
NPR Touts Leftist Groups' Protest of Israeli Company SodaStream
On Monday's Morning Edition, NPR's Larry Abramson boosted an "international boycott movement" against Israeli company SodaStream without mentioning the left-wing ideology of the organizations behind the protest. Abramson merely described the boycott organizers as "supporters of Palestinian rights."
The correspondent featured a soundbite of a December 2012 anti-SodaStream protest in Boston,…
Robert Redford: 'Keystone Pipeline Would Carry the Dirtiest Oil on the
There's a domestic energy boom happening in America producing thousands of jobs with the likelihood of creating thousands more if Washington doesn't get in the way.
Not according to Robert Redford who published a scathing attack on such efforts at the Huffington Post Sunday evening calling on President Obama to "say no" to the Keystone pipeline.
Former Bush Labor Secretary Blasts Obama For Blaming Economy On Republ
Last week, President Obama blamed Republicans for the poor state of the economy.
On CNN's State of the Union Sunday, former Bush Labor Secretary Elaine Chao scoffed at this saying, "I don't know how he can say that when he had control of both the houses in the legislative branch. He had control over the White House."
Economy Lost 2.84 Million Jobs in Jan., Yet Press Pretends Seasonally
Following the governmemt's Employment Situation Summary yesterday, two words were noticeably absent at the Associated Press (here, here, and here), Bloomberg, Reuters, CNBC, and the New York Times: "seasonally adjusted."
While they told their readers of the number of jobs supposedly added in total (157,000) and in other sectors, the fact remains that in the real world, before seasonal…
Despite Unemployment Rate Increase, AP's Rugaber Describes Friday's Jo
Yesterday at the Associated Press, aka the Administration's Press, Christopher Rugaber really wrote that the government's Employment Situation Summary released Friday was "mostly encouraging."
The Friday morning dispatch, still present at Yahoo News but which has understandably disappeared from the wire service's national site, stuck with his smiley-faced description even as he noted, "one…
Former Obama Official: Jobs Revisions 'Elaborate Left-wing Plot to Mak
The Bureau of Labor Statistics on Friday reported upside revisions to the number of jobs that were created in last year's fourth quarter.
Appearing on CNBC's Squawk Box, Austan Goolsbee, the former Chairman of the Council of Economic Advisers under Barack Obama, joked, "It’s an elaborate left-wing plot to make the numbers much better several months after the election so that nobody thinks…
8.5 Million Americans Left Labor Force In Obama's First Term
The Bureau of Labor Statistics released jobs numbers for January Friday showing that nonfarm payroll employment increased by 157,000 and the unemployment rate rose to 7.9 percent.
Lost in these headline numbers was another rise in the number of people not in the labor force.
AP Headline's Complaint: 'Economic Jitters Compete With Obama Agenda
Darn that economy. Why won't it behave? Doesn't it realize that Barack Obama has more important things to do than worry about its health and well-being?
That's the tone I get from a story headline at the Associated Press, aka the Administration's Press, about how "ECONOMIC JITTERS COMPETE WITH OBAMA AGENDA." The poor guy; he has to pay attention to something he must have thought he could keep…
Politico's Byers Drags Romney, 13 Years After Leaving Bain Capital, In
Someone needs to tell Dylan Byers at the Politico that the 2012 presidential smear campaign is over, and their guy won.
Byers seems not to have gotten the memo, and is still engaged in associating Mitt Romney with the firm he left in 1999 any time it has involvement in decisions relating to layoffs. In the current instance, Bain was engaged as an advisor to a new CEO at Time Inc. -- meaning…
New York Times Downplays Bad Economic News, Knocks 'Austerity Efforts
The economy shrank in the fourth quarter of 2012, indicating that growth remains a problem. The woes made the New York Times front page on Thursday, "Growth Halted In 4th Quarter Despite the Fed," though the story by Nelson Schwartz and Binyamin Appelbaum was not prominently featured (and Obama wasn't mentioned until paragraph 12, in a quote from Reince Priebus, chairman of the Republican…
Economic Growth Turns Negative, CBS Only Network to Admit Rate
Economic activity in the U.S., turned negative in the fourth quarter of 2012 according to the Commerce Department, just one day after a huge drop in consumer confidence was announced.
This took the media entirely by surprise. It was the first time the economy went into negative territory since the recession ended. But this significant report was completely ignored by NBC “Nightly News,”…