Economy

There is an axiom that is adhered to by conservative journalists that explains at least some of what for liberals is this inexplicable election. It is the Taranto Principle. Coined by the inimitable James Taranto of The Wall Street Journal, the Taranto Principle encourages the worst in liberals by reporting politics with a slavish bias. The conservatives can do nothing right. The liberals can…

Someone should tell CNN anchor Ali Velshi that attacking the U.S. Chamber of Commerce for its political activities is so last week. During the “XYZ” segment of the hour he anchors of “CNN Newsroom” on Oct. 25, Velshi did his best impersonation of an MSNBC anchor and railed against the U.S. Chamber of Commerce for its political activities. Velshi lamented the barrage of negative advertising in…

In a segment shortly after 3 p.m. EDT today looking at how much President Obama has aged in the two years since winning the presidential election, MSNBC's Thomas Roberts and guest Douglas Brinkley concluded that the commander-in-chief needs to take it easy more often.  The MSNBC host and the liberal presidential historian also blamed the amount of stress President Obama faces in office on…

Back in March, in the runup to the final ObamaCare vote in the House, the establishment press was thrilled when the Congressional Budget Office issued a report estimating that ObamaCare would, in the CBO's words, "produce a net reduction in federal deficits of $138 billion over the 2010–2019 period as result of changes in direct spending and revenue." At the time, NB's Brent Baker noted how…

When a Democrat or leftist makes an ill-advised remark, it seems that there's a three-stage process at the Associated Press, and perhaps in most other establishment press outlets, for handling it. It goes roughly like this: Stage 1 - Ignore it as long as you can. If there isn't much outcry, keep ignoring it. Stage 2 - If there ends up being enough of an outcry from conservatives or…

With less than two weeks before Election Day, the media elite continue to disparage the GOP’s Tea Party candidates while saluting the greatness of the über-unpopular Democratic Congress and its leader, Nancy Pelosi. On This Week, ABC’s Christiane Amanpour — apparently oblivious to the decades of liberal mockery hurled at Ronald Reagan and William Buckley — cited those leaders as exemplifying…

Senate Majority Leader Harry Reid on Thursday's "Ed Show" actually said he prevented a worldwide depression. When he did, the host of the program didn't even bat an eye (video follows with transcript and commentary, h/t Hot Air):

On Wednesday's CBS Evening News, anchor Katie Couric described British efforts to curb government spending: "Britain's new conservative government outlined the sharpest cuts in public spending in six decades....to see if that kind of severe belt-tightening can cure an ailing economy." Correspondent Mark Phillips warned of the fiscally conservative approach: "It's a high-stakes roll of the…

The largest tax hikes in history are imminent and it is still unclear whether Congress and President Obama will come to an agreement before January 1. The networks should have seen those tax hikes coming a mile away, but the Business & Media Institute found the primary theme of their tax cut stories was Obama as  the hero, cutting taxes for the middle-class, not as a tax increaser. This…

In a report so riddled with errors, inconsistencies, incompleteness and sloppiness that it's really hard to know where to begin, Associated Press real estate writer Alan Zibel couldn't even keep his housing recovery benchmark remotely consistent with what it was only a month ago. The Census Bureau's September release of information about August housing starts and building permits informed the…

The Democrats'  "localized approach to the midterms is understandable, defensible—and wrong. The best way to keep control would have been a national message targeted at independents," Newsweek's Jonathan Alter complained yesterday in an article at the magazine's website. And what exactly should the Democrats have touted in a national campaign strategy for the midterms? Why, shovel-ready…

CBS reporter Lesley Stahl was very confused on Monday's "Morning Joe". She just couldn't figure out why there are so many women involved with the Tea Party. Stahl received a basic civics lesson from two unlikely personalities: columnist Mike Barnicle, and Sam Tanenhaus, editor of the New York Times Book Review and author of "The Death of Conservatism". Tanenhaus noted that economic issues…

In August, Ed Schultz reportedly erupted in the MSNBC newsroom over being excluded from the network's election night promos.  According to the NY Post, network honchos threatened to fire Schultz if he pulled a similar stunt again. Could there be some kiss-and-make-up going on at 30 Rock?  Of all the MSNBC personages, the network apparently selected Schultz first to have his own spot in…

President Obama has accomplished so much during his tenure with so little gratitude from the American people, lamented the Monday panel for MSNBC's "Morning Joe." What is to blame? Poor marketing by the White House, the panelists answered. "Where is the celebration over what has been done and accomplished in the face of all this anger and vitriol in Washington?" complained co-host Mika…