Economy

Charlie Rose did his best to forward liberals' talking points about Rep. Paul Ryan's budget proposal on Wednesday's CBS This Morning, during an interview of House Speaker John Boehner. Rose played up Mitt Romney's endorsement of the Ryan plan and how the former governor "talked about, perhaps, abolishing H.E.W. [sic]- I mean, HUD, as well as Department of Education." The anchor even went so…

It's difficult to be a good economist and simultaneously be perceived as compassionate. To be a good economist, one has to deal with reality. To appear compassionate, often one has to avoid unpleasant questions, use "caring" terminology and view reality as optional. Affordable housing and health care costs are terms with considerable emotional appeal that politicians exploit but have…

Members of the “mainstream” press have worked hard to promote what President Barack Obama calls an “income-inequality crisis” based on studies claiming that the middle class is shrinking and got left behind in the greatest economic expansion in modern American history. However, a new, more comprehensive investigation indicates that the earlier research isn't wrong, it's just “incredibly,…

Yesterday at the Associated Press, aka the Administration's Press, the headline at reporter Jim Kuhnhenn's story on President Obama's latest excuse to add more bureaucrats to the government payroll ("Obama wants to target oil market manipulation") presupposed the existence of oil market manipulation when none has been proven. In 850 words, he didn't find any space for critics of the move, who…

After reading Derek Kravitz's final report of the day at 4:45 p.m. on the housing market at the Associated Press, aka the Administration's Press, I just had to check the other wires to see if they were sipping from the same housing-market-in-recovery koolaid. The answer is no. At Reuters, Jason Lange's 3:22 p.m. dispatch reported that "Output at U.S. factories slipped in March and builders…

The stunts the folks at the Associated Press, aka the Administration's Press, continue pulling to downplay, minimize, or whitewash bad or embarrassing economic and other news shouldn't surprise us any more. But they continue to disappoint nonetheless. Last month, a consumer sentiment index reported by the Conference Board fell by a relatively modest amount. Headlines and descriptions at…

It's not every day that the ombudsman for one of the nation's elite newspapers puts, front and center, his publication's angst about publishing information counter to the Obama administration's spin, but there it is, today, in the Washington Post. The Post's ombudsman, Patrick D. Pexton, frets that conservative bloggers overhyped a “modest” little story on a think tank's study that concludes…

CNN may claim to be the serious, centrist news network but it says something about its broadcast when a liberal comedian is a regular panel member and is allowed to toss slanted, obnoxious questions at a Republican guest. Such was the case on Tuesday's Starting Point when comedian John Fugelsang tried to stick it to Rep. Jeb Hensarling (R-Tex.) Discussing the Buffett Rule, Fugelsang framed…

Derek Kravitz and Alex Veiga at the Associated Press, aka the Administration's Press, must have doubled down on the energy drinks over the weekend. A Sunday morning report (HT to a NewsBusters tipster) telling readers that signs are "pointing to a long-awaited recovery" in the housing market went on, and on, and on, and on for over 1,350 words. The factors the AP pair cited were primarily…

For months, President Obama and his faithful media minions have been engaging in a shameless class warfare campaign to convince the American people that regardless of the facts, rich people pay less in taxes than average citizens. On Tuesday, CNN.com reported the news that this misinformation campaign has succeeded, and almost 70 percent of the nation now believes the tax system favors the…

CNN's Soledad O'Brien once again tried to fact-check numbers she took issue with, and once more she failed to refute them. On Monday's Starting Point she took aim at Mitt Romney's claim that women have accounted for 92 percent of the job losses under President Obama. "That would be a shocking number if it were true, which it really isn't exactly overall," O'Brien began. Yet even ABC's George…

On Monday's Morning Edition, NPR's Barbara Bradley Hagerty touted how "liberal religious leaders said the Republican [budget] plan...was an affront to the Gospel, and especially Jesus's command to care for the poor." At the same time, Hagerty avoided mentioning the left-wing ideology of two critics of the proposal: Peter Montgomery of People For American Way, and liberal academic Stephen…

Liberal radio hosts were furious with the Catholic League for mocking Hillary Rosen after she attacked Ann Romney for not working. Their tweet said “Unlike Rosen, who had to adopt kids, Ann raised 5 of her own.” This was seen by liberals as signaling Rosen’s children adopted with former partner Elizabeth Birch were “less valid, less worthy of respect” and homophobic. On Friday, Bill Press…

April 15, Tax Day, fell on a Sunday this year. American taxpayers get a two-day reprieve on the deadline this year thanks to Monday being a public holiday in the District of Columbia. But all the same, it was the perfect occasion for the Washington Post's On Faith feature to give readers a liberal homily on taxes. Liberal theologian Susan Brooks Thistlethwaite had the honors. "There’s nothing…