Economy

Warning: The following cop-out explanation by Associated Press Retail Writer Mae Anderson will make many readers' heads hurt. Knowledge that she found an economist willing to support it may cause migraines. Consumer confidence as reported by The Conference Board fell to 60.8 in May from 66.0 in April -- "unexpectedly," of course, as the headline for Ms. Anderson's article indicates. But…

Associated Press Economics Writer Paul Wiseman apparently exhausted his supply of adjectives to describe the current state of the U.S. economy, and came up with a new one. Today's news wasn't good. The Institute for Supply Management's Manufacturing Index plunged from 60.4% to 53.5%. While still indicating expansion (any value above 50% means that), it's the biggest one-month drop since…

Are deadly tornadoes really the best "stimulus" to be hoped for from the Obama White House, or is the New York Times just desperately looking for economics green shoots as the 2012 presidential elections approach? In any case, just 10 days after the deadly tornado hit Joplin, Missouri, Wednesday’s off-lead by Michael Cooper, "Reconstruction  Lifts Economy After Disasters – New Jobs Are…

Rep. Steny Hoyer (D-Md.) made a blatantly inaccurate statement on the "Daily Rundown" this morning that MSNBC anchor Chuck Todd should have, but failed to, call the House minority whip out on. "We went from a $5.6 trillion surplus that George Bush inherited to over a $11-plus trillion debt when George Bush left office," asserted Hoyer.

While Western media continue to rhapsodize about the "Arab Spring democratic revolutions" in the Middle East, it may be that the real democratic revolution is beginning to occur in the European Union and the United States. And if the timing is right, the crisis in the European Union may play a decisive part in tipping the American electorate against President Obama and the Democrats in our 2012…

Perhaps using a preemptive strike to help combat the May jobs report to be released on Friday, MSNBC has already found an excuse for lost jobs, and an increased unemployment rate – storms, tornadoes and flooding.  According to a business report: “…homes or places of business have been destroyed in this year's wave of storms, tornadoes and flooding. That means thousands of workers in the South…

File this one under: Imagine If The Partisan Tables Were Turned. On her MSNBC show this evening, Rachel Maddow repeatedly mocked Republican Senate leader Mitch McConnell as "little Mitch, the rodeo queen." Maddow was miffed over McConnell's arranging a Senate vote on the raising of the debt ceiling, and by extension the Republican position on Medicare reform.  And so, for about ten--…

This just in, by way of St. Petersburg Times fact-checking website Politifact: when considering irrelevant and misleading employment statistics, Texas has not, in fact, created more jobs in the past five years than the rest of the country combined. Sure, when considering the relevant numbers - the ones that most honest observers would use - the claim, made by the Texas Public Policy…

Editor's Note: This first appeared in BigGovernment.com. We have oft discussed the Orwellian manner Leftists do, well, everything. And specifically how they go about naming their gaggles – the groups they form to advance their Leftist agenda. The Media Marxists looking to eradicate all private ownership of news and communications – so as to have the government be your sole provider of…

Despite Obamanomics' failure to stimulate the economy, Nobel laureate Paul Krugman still believes Washington can solve all that ails us if we would just spend more money we don't have. Toward that end, the avowed liberal in his Monday New York Times column called for a new New Deal-like program to hire unemployed people to - wait for it - repair roads:

If the media are so worried about Medicare cuts, "why don't [they] look at ObamaCare, which takes it away?" NewsBusters publisher Brent Bozell asked on the May 27 "Fox & Friends." Instead, the media have been busy furthering Democratic talking points about the Republican-proposed budget plan by Paul Ryan. [Watch the full video below the page break]

My advice for the GOP: No more Mr. Nice Guy. No more putting the pretense of civility above the best interests of the nation. Democrats are playing cynical games with our national debt crisis, and it?s time they were called out on them — directly, volubly and repeatedly. Senate Democrats haven?t passed their own budget plan in more than two years, despite having strong control of that body.…

Steve Israel had his talking points, and he was sticking to them. Republicans want to "end Medicare" in order to give tax cuts to the big oil companies. On Morning, Joe Scarborough repeatedly called out Israel, head of the Dem congressional campaign committee, on his demagoguery. Not that it stopped the Dem congressman from New York from repeating his rap. For good measure, Obama adviser…

In the course of a story ("Senate votes down controversial House budget") from all appearances designed to make House Republicans look like quixotic time-wasters while minimizing presidential embarrassment, the Associated Press's Andrew Taylor fabricated the following: GOP senators immediately forced a vote on President Barack Obama's February budget proposal, which opened to chilly…