Economy

What could be more timely than a study about debt? With all the networks crying about oil prices and threats to the economy, consumers are feeling squeezed. Director of the Business & Media Institute, Dan Gainor appeared on the Fox Business Channel today to talk about the Culture & Media Institute and Business & Media Institute joint study, "DEBT Who'$ responsible?" That found…

When the Labor Department on Friday announced a strong gain of 166,000 jobs during October, double expectations, ABC and CBS gave it a few seconds while NBC ignored the good news, but on Wednesday night NBC, as well as ABC and CBS, led with a bad day on Wall Street they painted as a harbinger of impending economic doom. NBC anchor Brian Williams piled on the bad news as he insisted he took “no…

Leave it to resident CNBC loose cannon Jim Cramer to take it upon himself to call a spade a spade or a red a red. Cramer, host of the CNBC’s “Mad Money” called liberal Democratic New York State Attorney General Andrew Cuomo as “communist” on CNBC’s November 7 “Street Signs.” “[W]itness the fact that right now, the most important man in America for the stock market – the most important man and…

Yesterday during the 7 p.m. hour of FBN’s “America’s Nightly Scoreboard” the Business and Media Institute’s Director Dan Gainor went head to head with John Coifman of the Natural Resources Defense Council. The topic of discussion was “business going green” and whether or not it can put businesses in the red. The first part of the video can be seen below. David Asman asked Gainor, “What’s…

Author and political reporter Timothy Carney has an interesting item this morning in the Washington Examiner about how Sen. Hillary Clinton (D-N.Y.) practically gets campaign contribution kickbacks from her support for subsidies to the drug industry for the so-called emergency contraceptive pill Plan B. Emphasis mine. (h/t James Joyner):Sen. Hillary Clinton, D-N.Y., portrays herself as a scourge…

Talk about talking down the economy! No fewer than three times today, Matt Lauer invited Barack Obama to declare that the U.S. economy is headed into recession. At the end of a "Today" interview that focused largely on Hillary-related issues and Iran, Lauer turned to the economy and pressed Obama to predict the worst.View video here.

The Pittsburgh Tribune-Review recently published a story about Citgo gas stations in Pittsburgh finding a dip in gasoline sales. The piece sympathetically portrays Hugo Chavez, the America hating dictator of Venezuela, as a victim attacked by mean American boycotters even as they then claim at the end of the story that it isn't boycotters, but a down economy causing the dip (or maybe it isn't,…

Back in the days of our MediaWatch newsletter, we used to have a feature called "Revolving Door" to note reporters swapping their jobs for political appointments or political appointees swapping their jobs for reporting gigs. (See the NB Revolving Door topic for more recent updates.) The Minneapolis Star Tribune announced that its editorial writer Dave Hage is leaving "to become communications…

A billionaire and a receptionist walk into an IRS bar. They each order a beer. The IRS bartender charges the receptionist $2.50 and the billionaire $2,260. Who got undercharged? If you're Warren Buffett or Tom Brokaw, the answer is . . . the billionaire.As NB Editor Brent Baker has noted, the NBC Nightly News "decided Monday night to base a story on a four-year-old contention by a professor…