Omission Watch: This Should Put an End to the 'Flat Wage' Myth, But It
January 20th, 2007 9:34 AM
The Bureau of Labor Statistics released what it calls its Usual Weekly Earnings Report for the Fourth Quarter of 2006 on Friday.This is one of the more important reports the BLS releases because:It looks at the earnings of full-time wage and salary workers, excluding part-timers, business owners, and the self-employed. It looks at individuals, not households or families. Unlike most reports, it…
Post's Givhan on Skinny Supermodels: Don't Hate, Regulate
January 19th, 2007 1:50 PM
Is there any industry that elite liberals in the media don't want to regulate? Perhaps it's a little tongue-in-cheek, but The Washington Post's Robin Givhan opened her fashion column in the January 19 Style section thusly:"If anyone ever needed evidence of why industries should not be allowed to police themselves, the Council of Fashion Designers of American just provided it."You know we've…
USA Today Presents Negative Spin on Gas Price Slide
January 16th, 2007 2:35 PM
Gas prices and oil prices have been slipping lately, just not at the same rate. And that's a "real scandal" to some liberal, self-styled consumer advocates like Judy Dugan of The Foundation for Taxpayer & Consumer Rights. That's all well and good, of course, except when the media parrot the complaint and don't explain the group's biases. That's exactly what we found from USA Today's front…
AP Writer: Bush 'Rejected' Kyoto Treaty, Though Senate Never Ratified
January 16th, 2007 8:13 AM
In an article (HT Instapundit) decrying the alleged environmental waste in the United Arab Emirates, Associated Press writer Jim Krane gave voice to the environmental strain of Bush Derangement Syndrome when he claimed:But the oil-rich Emirates is considered a developing country, and even as a signatory to the United Nations Kyoto protocol on global warming, is not required to cut emissions. The…
'Time' Trashed Flat Tax in 1996, Now Sees Flat Tax Boom In Eastern Eur
January 15th, 2007 3:08 PM
More than a decade after publisher Steve Forbes’s flat-tax platform temporarily vaulted him to the top of the pack of GOP presidential candidates, another prospective Republican presidential candidate is making tax simplification a centerpiece of his 2008 campaign. In announcing his exploratory committee, Kansas Senator Sam Brownback argued “We need a flat tax instead of the dreadful,…
'Surprise': Forecasts for 4th Quarter GDP Growth Are Revised Upwards
January 14th, 2007 10:13 PM
Lordy, Lordy (HT Instapundit), the economic "surprises" don't stop. The report is from AFP:Economists are hastily upgrading their forecasts for the US economy after a series of surprisingly strong reports suggesting the so-called "soft landing" may be over and growth is accelerating.Over the past week, surprises have come in stronger-than-expected reports on US job creation, the trade balance and…