Economy

President Barack Obama encouraged some business interests by mentioning nuclear energy and offshore drilling during his Jan. 27 State of the Union speech. Those less popular energy solutions joined the usual alternative rhetoric of wind, solar and bio-fuels. But on CNBC's Jan. 28 "Street Signs," Jim Cramer, host of CNBC's "Mad Money" noted something was missing - an important onshore energy…

The Washington Post launched an interactive page this week to profile President Obama's record on his campaign promises after one year in office. The Post put promises into three categories: "To Do," "In Progress" and "Completed."Based on the president's record, most people would be surprised to learn the Post put most of the promises in the "In Progress" category -- and didn't even include a "…

On the soon-to-be canceled ‘It’s the Economy’ program on MSNBC on Thursday, co-host Contessa Brewer grilled Republican New Hampshire Senator Judd Gregg on his calls to reduce out-of-control government spending: “Which programs are you willing to cut? Are you willing to tell schools, no money for you?” Gregg shot back: “What an absurd statement to make. And what a dishonest statement to make.”…

President Barack Obama's plan to "freeze" a tiny portion of the federal budget hit Washington with a "thud" Jan. 26. Conservatives argued that the spending freeze Obama would highlight in his State of the Union address Jan. 27 wasn't enough. Liberals, including New York Times columnist Paul Krugman called it "appalling on every level." Krugman denounced the plan as "bad long-run fiscal policy…

On Wednesday's Countdown show on MSNBC, shortly before the beginning of the State of the Union address, as Keith Olbermann discussed the speech with Chris Matthews and Rachel Maddow, after Olbermann brought up the possibility that President Obama would give a divisive FDR-style speech, Matthews seemed to lament that such a speech would "spook" the middle class, and, as he credited the Democratic…

Keith Olbermann should keep a calculator on hand during his broadcasts. If he'd had one, the liberal MSNBC host of "Countdown with Keith Olbermann" could have run the numbers on Jan. 27 following the State of the Union address. Olbermann was recapping President Obama's speech and told viewers: "Among those seated with the first lady in the visitor's gallery ... a man from Arizona whose company…

In an attempt to boost flagging approval ratings, President Barack Obama announced a series of initiatives aimed at helping out the middle class on Jan. 25, two days ahead of his State of the Union address. The networks, which have protected him from public outrage for months, praised the initiative. NBC heralded the move, giving Obama credit for "getting the message" Jan. 25. CBS's Katie Couric…

Since Ron Reagan, son of former President Ronald Reagan, would probably be the first to admit his political view are widely divergent from his father's it seems strange that he would put words in the Gipper's mouth about current events.   However, the younger Reagan spoke for his father on HLN's Jan. 26 "The Joy Behar Show." Host Joy Behar asked Reagan what his father would have thought about…

On the eve of President Obama's first State of the Union address, the lead story in Wednesday's New York Times by Jackie Calmes focused on Obama's abrupt transformation into a born-again deficit hawk: "Obama, On Own, To Set Up Panel On Nation's Debt."In a related video, Calmes played along with Obama's sudden about-face, claiming "the president wants to make deficit reduction a big part of his…

Sometimes getting hung up on percentage increases causes one to miss what's going on with the actual numbers. Such is the case in a January 26 front page story by USA Today's Richard Wolf. USAT's is the only recent original coverage I have found thus far relating to increases in the national welfare rolls during the recession. (An unbylined story at UPI merely reports on what USAT's Wolf wrote…

Good Morning America’s George Stephanopoulos played defense for the White House on Tuesday. While talking with John McCain about Obama’s 2010 proposals, he sounded annoyed that the Senator’s ideas for job creation would include tax cuts: "But, those tax cuts are going to increase the deficit, aren't they, sir?" After McCain declared his opposition to Democrat spending proposals, the host pressed…

It was initially thought the election of President Barack Obama was just going to hit your pocketbook in the form of higher taxes. But if the past several days are any indication, the president has found another way to hit it - by attacking your stock portfolio. On CNBC's Jan. 25 "Mad Money," host Jim Cramer advised his viewers to be aware of this and to strategically position their stock…

Diane Sawyer's interview with President Barack Obama wasn't nearly as sycophantic as the one conducted last Wednesday by George Stephanopoulos, with Sawyer posing mostly informational inquiries about the direction he'll set out in the State of the Union speech as she also raised the huge deficits and whether all future meetings about health care will “be on C-SPAN” as he had pledged? But she…

It's curious to see people in the mainstream media try to make sense of the Tea Party movement. The New York Times, which once called the Tea Parties a psychological phenomenon rather than a political movement, has now changed its tune. In the wake of the stunning upset by Scott Brown in the Jan. 19 Massachusetts special election to fill the seat vacated by Ted Kennedy's death, the Times is…