Economy

Gosh, I think John Hanna and the Associated Press need to do something about their use of eliminationist language and violent imagery. Look at how AP headlined Hanna's late morning report on the rise of conservatism in several midwestern and southern states at the likely expense of moderate incumbents (shown in full because of its brevity and for fair use and discussion purposes).

"There is absolutely no way Barack Obama can win reelection running on his record and the news media know this," NewsBusters publisher Brent Bozell told Fox News's Eric Bolling at the top of today's Your World with Neil Cavuto. Newsweek's current edition, featuring the headline, "The Wimp Factor: Is he [Mitt Romney] just too insecure to be president?" is just the latest example of the media's…

When you make your living in the public arena as I do and when you let your opinion be known as I do in mainstream and social media, you expect some criticism and this is as it should be, this being America where our very way of life is centered around free speech. I don't mind the criticism and usually give as good as I get, respecting all comers, regardless of how far afield or how vehement…

In his column at the Los Angeles Times today (HT to a NewsBusters tipster), Michael Hiltzik engages in predictable whining about discussions on how to bring the federal deficit under control seem "increasingly to be driven by the wealthy." In the instance he cites, one could substitute "big bank and big company CEOs," who seem to have recently decided that President Obama's Simpson Bowles debt…

For the past two weeks Barack Obama's media minions have been working overtime trying to convince the American people the President was taken out of context during his now infamous "You Didn't Build That" speech in Roanoke, Virginia. CNN's Donna Brazile and the Washington Post's Ruth Marcus tried making that pathetic claim on ABC's This Week Sunday only to receive a much-needed education from…

New York Times economic columnist Paul Krugman made a statement Sunday about the looming end of the year tax hikes and spending cuts that is likely to raise some eyebrows on both sides of the aisle. Appearing on CNN's Fareed Zakaria GPS, Krugman said, "If Obama’s reelected, I think that there’s a quite good chance that for a month or two we actually will go off the cliff" (video follows with…

You know, President Obama is such a constructive guy. Why, he's a veritable Mr. Sunshine like Chicago Cubs baseball Hall of Famer Ernie Banks. He hardly ever goes after presidential opponent Mitt Romney with harsh criticism. When he does, it's a "rare swipe." That's what Jim Kuhnhenn at the Associated Press told his readers yesterday in his coverage ("New day, old bickering on taxes between…

It's becoming increasingly clear that the Associated Press, aka the Administration's Press, believes there are two primary kinds of users of its output: those who only read headlines and those who read on or click through. It often dresses up the headlines with inaccuracies, omissions, and occasional downright falsehoods, which more often than not are respectively rendered properly, included,…

Here’s a really scary thought: New York Times columnist Paul Krugman wants to replace Ben Bernanke as the Chairman of the Federal Reserve. The perilously liberal economist actually said this in a segment of CNN’s Fareed Zakaria GPS to be aired Sunday (video follows with transcribed highlights and commentary):

Give credit to CNN Money's Annalyn Chensky for intuitively recognizing the ridiculousness of the economic projections included in the White House's Mid-Session Review released today. That especially goes for the assumption that full-year economic growth in 2012, with the first and second quarters coming in at an annualized 2.0% and 1.5%, respectively (the latter subject to revisions which…

CBS and NBC on Friday night aired full stories on the very weak 1.5 percent second quarter GDP rate, down from an anemic two percent in the first quarter, yet – incredibly – ABC’s World News, which had time to champion how First Lady Michelle Obama brought her “Let’s Move” campaign to London where she “indulged in some Olympic daydreaming,” didn’t consider newsworthy the bad news for President…

Today's report on the growth of gross domestic product (GDP) during the second quarter didn't impress anyone -- except, apparently those who send out email alerts to CNN Money subscribers. For several years, it has seemed like the primary goal of these alerts has been to create the illusion of pervasive prosperity when the economic news is even remotely tolerable, and to ignore or downplay…

While many liberals cheer the harsh words that Democratic Mayors Thomas Menino (Boston) and Rahm Emanuel (Chicago) have had for the Chick-fil-A fast-food chain as a result of its conservative, pro-traditional marriage president, editorial boards at liberal newspapers in those two cities have come out with strong criticisms for the anti-conservative bullying. "[W]hich part of the First…

Poor guy. This darned economy has a mind of its own and isn't cooperating. That's pretty much what you're forced to think in the following cop-out sentence from the Hill in anticipation of tomorrow's report on second-quarter gross domestic product (along with revisions to prior years):