Economy

Saturday's story from the Obama trail by New York Times reporter Mark Landler, "Obama Urges Voters to Look Ahead on Economy," was not as blatantly pro-president as Landler's June 29 paean hailing the president as "bailing out the auto industry, winding down two wars and dispatching Osama bin Laden." But it was still quite sympathetic to the president's plight. The text box highlighted Obama's…

In 2007, when I began writing my New York Times best-seller "Black Belt Patriotism," unemployment was less than 5 percent; the annual federal budget was about $2.9 trillion; the federal deficit was $161 billion; and the national debt was $9 trillion. Today unemployment is stuck at 8.2 percent; the federal budget is $3.8 trillion; the national deficit is $1.3 trillion; and the national debt…

President Obama's attempt to spin the latest discouraging unemployment numbers as "a step in the right direction" is like telling passengers aboard the Titanic to ignore the sinking vessel and listen to the live music. A Wall Street Journal analysis of the June unemployment figures offers little comfort, nor does it produce confidence that the economy will improve before the election.

CNN brandished liberal talking points on taxes during its morning and evening programming on Monday, in light of President Obama wishing to extend the Bush tax cuts to only those making less than $250,000 a year. The President "has been cutting taxes like crazy," insisted anchor Christine Romans, and both she and host Piers Morgan questioned the economic benefits of the Bush tax cuts. Morgan…

The Jurassic Press was in full-throated ObamaChorus mode in reporting on General Motors (GM)’s allegedly strong June sales. Very few failed to receive the sheet music.

Syndicated columnist Charles Krauthammer said Monday that President Obama's proposal to extend the Bush tax cuts for everyone making under $250,000 a year represents a critical white flag. Appearing on Fox News's Special Report, Krauthammer said, "It’s a declaration that he’s surrendered on the state of the economy and on the issue of his stewardship of it."

New York Times reporters are eager to see the influence of the left-wing sit-in Occupy Wall Street around every corner. On Sunday's front page, Tanzina Vega even credited Occupy Wall Street for a new batch of class-warfare themed television ads from McDonald's and others, inspiring overworked employees to actually take their lunch breaks and vacation days: "In Ads, the Workers Rise Up...and Go…

On Friday's The Ed Show, MSNBC analyst Richard Wolffe - formerly of Newsweek - compared Mitt Romney's economic plan to a "pre-9/11" mentality as he went along with substitute host Michael Eric Dyson's complaint that Republicans are being "clearly obstuctionist" against President Obama's economic agenda. Dyson asked the question:

It seems that Matt Drudge is a better headline writer than whoever at the Associated Press performed the same task at its story about California lawmakers' passage of "building the nation's first dedicated high-speed rail line, a multibillion dollar project that will eventually link Los Angeles and San Francisco" -- if sanity doesn't prevail in the meantime. Since late yesterday, Drudge's…

If you were a television news anchor reporting on falling gas prices, why would you say "the best news" was that a gallon of gasoline "might drop another 50 cents by Halloween, just in time for the election?" Believe it or not, ABC's Paula Faris, appearing on Monday's Good Morning America, actually said exactly that (video follows with transcript and commentary):

Liberal media's love for higher taxes is a thing of legends. On Inside Washington Friday, PBS's perpetually pandering pundit Mark Shields told viewers that since 1991, "21 years, Republicans have not voted for a single broad-based tax increase, and that’s become the theology of the party, the ideology of the party, the definition of the party, and that is irresponsible" (video follows with…

The June jobs report was “very disappointing” for the Obama administration and to people looking for work, according to CNBC’s John Harwood. The 80,000 job gains was 20,000 short of expectations, and the unemployment rate was unchanged. Moody’s economist Mark Zandi, who has often found a bright side to negative reports, reacted that way again saying there were “silver linings” in the report…

Today's starter topic: The unemployment rate is continuing to hold steady as the economy seems to be stagnating. Just 80,000 jobs nationwide were created in June. While headlines like this will make it onto conservative blogs, they aren't likely to create a big splash in big media outlets dominated by liberals. As NewsBusters has noted, the media were overwhelmingly negative about an…

The establishment press often pays a price in lost credibility when it ignores important economic reports. The original omission is bad enough, of course. But when subsequent business coverage makes assertions which the ignored reports directly refute, it leaves you wondering why you should even try to believe anything they compose. Such is the case with Martin Crutsinger's report today on…