Economy

In his report on the February 2012 monthly federal deficit on March 12, Christopher Rugaber at the Associated Press (aka the Administration's Press) told readers that the month's deficit was $232 billion, but "somehow" forgot to tell readers that it was an all-time record for a single month in U.S. government history. Well, there's good news, much worse news, and an utterly predictable agenda…

On Wednesday's The Situation Room, CNN used a slanted PolitiFact report to dismiss Mitt Romney's claim that "women account for 92.3 percent of the jobs lost under President Obama." CNN correspondent Jim Acosta aired a clip of Romney making the claim before adding that "the watchdog website PolitiFact rates that claim as 'Mostly False'." PolitiFact even admitted that the campaign's numbers…

The front of the New York Times Sunday Business section featured Natasha Singer article under the headline "A Rich Game of Thrones – C.E.O. Pay Gains May Have Slowed, But the Numbers Are Still Numbing," which hit the reliably liberal crowdpleaser, the pay of chief executives. The issue has long been an awkward topic at the New York Times Co.Publisher Arthur Sulzberger earned bonus pay in the…

Oilman T. Boone Pickens made a statement on MSNBC's Morning Joe Wednesday that should make every green jobs advocate including Barack Obama, Al Gore, and Van Jones sit up and take notice. "I've lost my a--" in wind power. This came moments after he said, "The jobs are in the oil and gas industry in the United States" (video follows with transcribed highlights and commentary):

"Gas prices are soaring again in 2012, yet the auto industry is booming, and drivers, while annoyed, are mostly taking rising fuel costs in stride. What’s changed?" Time magazine's Brad Tuttle asked in an April 10 TIME Moneyland blog post. Tuttle offered numerous explanations but failed to consider the media's coverage as one explanation for why Americans seem to not be seething angry about…

At the Associated Press, aka the Administration's Press, Ricardo Alonso-Zaldivar is floating the notion (saved here at host for future reference, fair use and discussion purposes) that members of the Supreme Court who seem inclined to strike down ObamaCare might do so without fully understanding it. Translation: Those dummies. The AP reporter makes a claim which reads like a desperate talking…

In an interview with Congressman Paul Ryan on Tuesday's NBC Today, co-host Ann Curry slammed the Wisconsin Republican's proposed budget: "Where is the empathy in this budget?...Do you acknowledge that poor people will suffer under his budget? That you have shown a lack of empathy to poor people in this budget?" [Listen to the audio or watch the video after the jump] Curry cited a left-wing…

On Friday (covered at NewsBusters; at BizzyBlog), the Associated Press's headline at Paul Wiseman's dispatch after the release of the government's March jobs report was: "US job market takes a break after hiring binge." It was as if they just knew that March was an aberration, and that the "binging" would resume in April. The markets weren't as convinced today: "Investors had a three-day…

On Monday's CBS This Morning host Charlie Rose tossed Sen. Chuck Schumer (D-N.Y.) a softball on whether he believes higher taxes on millionaires would create jobs, but the senator only chose to address the second part of the question on income inequality. Rose did not follow up and later Schumer argued that the taxes would create jobs but certain conditions should be met. That was not the…

Well, the Associated Press, aka the Administration's Press, apparently has Missouri Democratic Congressman and Congressional Black Caucus Chairman Emanuel Cleaver's back. As of 2:40 p.m., there is no national story relevant to Cleaver's unpaid $1 million-plus loan at the wire service's national site, even though information published by the Kansas City Star late Friday evening (interesting…

John McLaughlin on the PBS show bearing his name asked his guests this weekend, "Has America done more to spread peace and prosperity than any other power in human history, yes or no?" The conservatives on the panel - syndicated columnist Pat Buchanan and the Washington Examiner's Tim Carney - were quick to say "Yes" as their liberal colleagues - Newsweek's Eleanor Clift and the Chicago…

Syndicated columnist Charles Krauthammer on Friday said President Obama wins the budget debate if the electorate is as gullible as people like NPR's Nina Totenberg. Just three minutes later on PBS's Inside Washington, as if on cue, Totenberg said people making between $60,000 and $125,000 pay the most in taxes (video follows with transcript and commentary):

Did you know that the economy was on a "hiring binge" until February? Gosh, neither did I until the headline to Paul Wiseman's report at the Associated Press yesterday afternoon informed of that. I also didn't know that economies took breaks, but that's what the AP's headline said the economy did in March. And don't worry -- "few economists expect hiring to fizzle in spring and summer, as it…

Syndicated columnist Charles Krauthammer made a point about today's media that should make everyone think twice about the state of American journalism. In a discussion about the Ryan budget proposal on PBS's Inside Washington Friday, Krauthammer observed, "Obama will win the argument if the electorate is as gullible as Nina [Totenberg] and Mark [Shields] and Evan [Thomas] in accepting what…