Economy

Someone's a little full of the power of his network apparently.  On Sept. 20, CNBC hosted a so-called "town hall" meeting on its network about President Barack Obama and how his administration is dealing with business issues. Obama took some criticism from participants and observers said the president was playing defense. However, CNBC's "Mad Money" host Jim Cramer had a different take on the…

A truly shocking thing happened on Monday's "Hardball": Chris Matthews, the man who once proudly boasted about getting a thrill up his leg when Barack Obama speaks, actually scolded the President on national television.Maybe even more surprising, the MSNBCer told the object of his affection, "Stop saying that giving people tax cuts is giving people money. It`s their money!"The unashamed liberal…

A new CNN/Money survey of 31 top economists found a majority of them say the top priority — given the weak state of the economy — is for Congress to extend the Bush tax cuts for all income groups. But talking about this policy recommendation with CNN/Money’s Paul La Monica on Monday’s American Morning, co-anchor John Roberts rued the conundrum of needing to keep tax rates low for economic reasons…

CBS's Bob Schieffer on Sunday bashed the White House for how it responded to House Minority Leader John Boehner's (R-Oh.) tax cut comment uttered on "Face the Nation" a week ago.As readers are likely aware, Boehner made news - if not friends amongst conservatives! - by telling Schieffer that if the only thing that came out of the House was an extension of the Bush tax cuts for all but folks that…

It must be nice to know you can go on a nationally televised political talk show and not be challenged when you make an historically inaccurate claim, especially when it's about yourself.Such happened Sunday when former President Bill Clinton was interviewed by David Gregory on NBC's "Meet the Press."The host began the discussion by asking his guest about "pretty significant developments...inside…

It's almost tempting to just run a few paragraphs of Kate Zernike's latest item in the New York Times and simply have folks take their rips, but a bit of background would be helpful. Zernike (pictured at right) is the Times reporter who seems to have made it her mission to somehow singlehandedly discredit what may when all is said and done come to be seen as the most significant grass-roots…

For almost ten years, the Bush tax cuts have been depicted by media as only helping rich people.Now, with them set to expire, and a Democrat in the White House desperately needing a stronger economy to help him and his Party's political fortunes, the Associated Press is telling readers the truth with the following headline:Expiring Tax Cuts Hit Taxpayers at Every Level  If you think that's…

MSNBC's Contessa Brewer mocked attendees of the Values Voter Summit today, directing her ire at former vice presidential nominee Sarah Palin, Delaware Republican Senate nominee Christine O'Donnell, and the entire conservative movement."So, they're calling themselves values voters, but isn't this election really about the economy and not so much what we think of as values?" sniveled Brewer, who…

At a minimum, taxpayers have spent $9.1 million as of July 2010 on signs advertising the Obama administration's American Recovery and Reinvestment Act, also known as the stimulus law, according to federal officials reporting estimates to the Recovery Accountability and Transparency Board.But the cost is probably much higher since the six government agencies that spent stimulus dollars relied…

While acknowledging bad news for Democrats in the latest CBS News/New York Times poll on Thursday's CBS Early Show, White House correspondent Bill Plante worked to find a silver lining: "But when it comes to who's at fault for the rotten economy there's a disconnect. 37% say the Bush administration is most to blame. Only 5% blame the Obama administration." Following Plante's report, fill-in co-…

"This is what we are to expect, and it's going to get worse between now and November."That's how NewsBusters publisher and Media Research Center President Brent Bozell reacted this morning on Fox Business Network's "Varney & Company" to the media's drumbeat of criticism regarding Tea Party-backed Republican nominees for office this November.Bozell agreed with host Stuart Varney that the media…

In a video interview this week, White House Office of Science and Technology Director John P. Holdren told CNSNews.com that he would use the "free market economy" to implement the "massive campaign" he advocated along with Population Bomb author Paul Ehrlich to "de-develop the United States."In his role as President Barack Obama's top science and technology adviser, Holdren deals with issues…

The Media Research Center isn't the only ones out there telling folks to be wary of the media and its coverage of the Tea Party movement.  On his Sept. 15 broadcast, Larry Kudlow, host of CNBC's "The Kudlow Report," hit that point. Referring to "Tea Party" primary win in Delaware, New York and New Hampshire, Kudlow explained that this shift to the right was a net-positive for the economy. "…

The largest tax hikes in history get closer every day, and the focus of the news cycle is finally on taxes. Tax cuts, that is. After portraying Obama as a tax cutter when he took office, journalists have recently been talking about the Bush tax cuts, whose expiration will amount to a huge tax increase on Americans. But most stories have failed to explain that the pending expiration will…