Economy

On Friday's CBS Evening News, as correspondent Sharyl Attkisson filed a report to inform viewers that the House of Representatives had approved the Senate plan for a two-month payroll tax cut extension, Attkisson included a clip of Senate Democratic Leader Harry Reid directing a "lecture" at and blaming House Republican freshmen for the delay, as she recounted his hope that they had "learned a…

Yesterday at my home blog, in the wake of Uncle Sam's reduction of third-quarter growth in gross domestic product (GDP) from an annualized 2.0% to 1.8%, I predicted that the establishment press's reaction would be the following: “Yeah, but the fourth quarter will be 3% or more. It really, really will be. Please believe us.” Martin Crutsinger at the Associated Press made that easy prediction…

When Sen. John McCain (R-Ariz.) blamed not only President Obama but also members of his own party for the payroll tax standoff, CNN's Ali Velshi interjected that perhaps the senator was being too hard on the President. McCain had insisted earlier that previous presidents would have done more to get a deal through a divided Congress. "Is it really fair to put as much heat as you're putting on…

Supposedly right-leaning actor, economist and former Nixon speech writer Ben Stein of late has become famous for advocating for higher taxes on the wealthy, but on Wednesday's The O'Reilly Factor on FNC, Stein was finally seen arguing from a conservative point of view again as he debated David Callahan of the left-wing group DEMOS, and argued that taxation rates on the wealthy are not to blame…

CBS's Erica Hill invoked an infamous Christmas season villain on Wednesday's Early Show, stating that "[House] Republicans...risk looking like the Grinch here four days before Christmas" for their refusal to sign onto the Senate's proposed two-month extension of the payroll tax holiday. Hill made that claim during an interview of Rep. Michele Bachmann, and pressed her about the payroll tax…

Lord have mercy, these people are looking anywhere and everywhere to turn an economic improvement molehill into something that sort of looks like a mountain. Today, the headline to Derek Kravitz's report at the Associated Press ("Rise in home construction suggests a turnaround") reasonably reflected the underlying reality reported by the Census Bureau, but his first six paragraphs most…

The establishment press will never tell their readers, listeners and viewers that the five best-performing states in job growth through the first eleven months of this year, as well as nine of the top eleven, have relatively conservative Republicans occupying their respective governors' mansions. If these eleven star performers had only performed as well as the rest of the nation, over 300,000…

See-no-evil economic reporting during the Obama years has "somehow" missed a number of developments in the makeup of the American workforce which I believe would not have been missed (or deliberately overlooked, take your pick) if a Republican or conservative were in the White House. One of them relates to full-time employment. Did you know that seasonally adjusted full-time employment in…

Appearing on Friday's Hannity on Fox News, during the weekly "Media Mash" segment, NewsBusters publisher and Media Research Center president Brent Bozell detailed ABC's attempt to paint a rosy economic picture to help President Obama and the liberal media's across-the-board effort to slam Newt Gingrich as a "frightening" "political killer." [View video after the jump]

Appearing as a guest on Wednesday's Piers Morgan Tonight on CNN ,as he discussed the Occupy Wall Street protests, former NBC anchor Tom Brokaw warned that a "class war" could develop unless "income inequality" is addressed. Brokaw:

George Will on Sunday marvelously told liberal economist Robert Reich something that many conservatives have been dying to say for years. During a fascinating Right vs. Left debate on ABC's This Week, after Reich predictably pined for higher income tax rates to solve all that ails us, Will struck back with the line of the weekend, "You are a pyromaniac in a field of strawmen" (video follows…

Americans need only to open the daily newspaper or turn on the nightly news in order to see the media’s double standard. Each day we continue to hear the Occupy Wall Street movement’s hijacked the slogan of "the 99 percent" which has been forced it into our lexicon and the media’s daily lingo. And almost comically, Time magazine has decided that "The Protester" is 2011's Person of the Year.…

In February, yours truly sensed a misstatement of reality on the part of Associated Press reporter Scott Bauer in his description of the budget repair law the Wisconsin Legislature was then considering. At the beginning of his report, Bauer wrote that the law would "end a half-century of collectively bargaining," but later wrote that "unions could still represent workers" (That doesn't exactly…

The cover story of Tuesday's USA Today blared "Resurgent Republicans close gap in key states." Susan Page reported a new USA Today/Gallup poll of 12 battleground states found "the number of voters who identify themselves as Democratic or Democratic-leaning in these key states has eroded, down 4 percentage points, while the ranks of Republicans have climbed by five points." GOP voters were also…