Recession

What 'Pivot'? OFA's 'Action August' Has No Events Tied to Economy
July 29th, 2013 8:43 PM
Organizing For Action claims that its mission is to "support President Obama in achieving enactment of the national agenda Americans voted for on Election Day 2012." Presumably, on a day-to-day and month-to-month basis, that means it's able to divine the President's priorities and follow them (you see, OFA is "independent," so there can't pooooossibly be any communication between its officials…

Breathless AP 'Exclusive': '4 in 5 in U.S. Face Near-Poverty, No Work
July 28th, 2013 3:27 PM
If you've been wondering where the Associated Press's 2013 entry into the "Worst AP Report Ever" contest has been hiding, have no fear. It's here. Oh, it's not as bad as the current worst-ever leader, the laughably execrable "Everything seemingly is spinning out of control" in June 2008. Nevertheless, it's a "strong" entry -- as in almost indescribably weak as journalism.
The AP's (Abandon…

Leno: Obama Says We’re Distracted By Phony Scandals, Time to Get Dis
July 27th, 2013 1:42 PM
Jay Leno once again took some comedic swipes at the current White House resident Friday.
During his NBC Tonight Show monologue, the host said, "In his speech about the economy, President Obama said we've all been distracted by phony scandals, and it's time we started getting distracted by the phony recovery."
Scarborough Defends Conservative Republicans, Schools Liberal Panel In
July 25th, 2013 2:07 PM
MSNBC host Joe Scarborough has been making some fairly conservative arguments on his program as of late. On Thursday’s Morning Joe, for instance, he took his liberal guests to task, blasting Politico’s Jim VandeHei and The New York Time’s Steve Rattner for characterizing the House GOP as a do-nothing, radical conference.
Scarborough insisted that Republicans have stood for the same…

'Déjà Pivot': MSNBC Host Calls Out Obama On His Repetitive Pivots On
July 25th, 2013 9:05 AM
Yesterday, President Obama gave another warmed-over version of the same economic policy speech that’s been given for the past five years at Knox College in Illinois. He saved the automobile industry. He’s overseeing an economic recovery. Republicans are intransigent. And he’s the best person to ever breathe oxygen on this planet. Yada, yada, yada.
Now with polls showing a record number of…

AP's Rugaber Fails to See Past Seasonally Adjusted Numbers, Misses Tro
July 22nd, 2013 9:18 PM
I was going to leave this alone because the original item involved goes back to last week. But Christopher Rugaber at the Associated Press brought it up again in his report today on existing home sales, so it's fair game again.
The final sentence of his dispatch refers to last week's Census Bureau data in the new home market, and claims that "In June, they (builders) applied for permits to…

For the 'Where Have You Been?' File: AP's Rugaber Discovers Temporary
July 7th, 2013 10:37 PM
In a Sunday morning story which will likely have limited reach, and will then probably be considered old news by the time the business week resumes tomorrow, the Associated Press, aka the Administration's Press, finally got around to recognizing a trend on which yours truly and others have been commenting for at least 2-1/2 years: the surge in employment at temporary help services.
That the…

AP's Wiseman Indirectly Reveals That Top Half of Households Is Over
June 28th, 2013 11:55 PM
On Sunday, in a report which I contend would surely have been published on a weekday -- and more importantly, published with far greater clarity -- if a Republican or conservative were in the White House, the Associated Press's Paul Wiseman essentially explored the following question: "Why aren't people spending more if they're so much richer?"
The answer he found, which should surprise no…

MSNBC's Hayes Slams 'Shameful Spectacle' of 'Anti-Food Stamp Jihad' by
June 19th, 2013 2:59 PM
On Tuesday's All In show, MSNBC host Chris Hayes complained about an "anti-food stamp jihad" by House Republicans, and attacked the GOP for putting on a "shameful spectacle" in trying to cut the food stamp program.
With the words "War on the Poor" and an image of House Speaker John Boehner displayed on screen behind him, Hayes railed:

LAT Story on UCLA Study Relayed By AP: 'It's Not a Recovery. It's Not
June 5th, 2013 11:45 PM
The most interesting thing (to me, at least) about Wednesday's report in the Los Angeles Times by Ricardo Lopez on how the author of an economic report out of UCLA has said that the U.S. economy's performance since the recession officially ended in June 2009 stinks -- "It's not a recovery. It's not even normal growth. It's bad" -- is how the Associated Press relayed it to its readers and…

Big Whoop: Politico's Glueck Hypes One Republican Who (Sort of) Doesn
June 2nd, 2013 10:06 PM
Politico's Katie Glueck must have been really desperate for something newsworthy as a Saturday column topic.
She apparently believed it was worth devoting over 1,500 words to a writeup whose key point was that "at least one Republican" doesn't like Texas Governor Rick Perry's aggressive attempts to persuade companies in other states to relocate to or expand in the Lone Star State. She cited…

Martin Bashir: 'Paul Krugman Deserves the Nobel Peace Prize'...For Adv
May 29th, 2013 1:07 AM
Martin Bashir on Tuesday said New York Times columnist Paul Krugman "deserves the Nobel Peace Prize."
Yes, the MSNBC host said Peace Prize - not one for economics - all because the perilously liberal economist has advocated more deficit spending and even more federal debt to stimulate the economy (video follows with partial transcript and commentary):
The Guardian Glamorizes New ‘Assault on Wall Street’ Movie as Just
May 18th, 2013 9:30 AM
Nothing says justice like a violent massacre of Wall Street bankers! At least, that’s what Stuart Heritage, of the UK’s left-wing newspaper “The Guardian” thinks. In his May 14 article titled “Assault on Wall Street trailer: bankers get what’s coming, Uwe Boll style” Heritage justified the rampage before the reader even started on his article.
“The global financial crisis has been responsible…

AP's Raum Seems Puzzled That 'Economic Gains May Not Help Democrats Mu
April 30th, 2013 9:35 PM
You've got hand it to some (probably most) of the reporters at the Associated Press, aka the Administration's Press. Their story is that the economy is all right, and by gosh, they're sticking to it.
Tom Raum's dispatch yesterday is a case in point. Along the way, he pulled out several of the tired spin-driven claims which have long since been taken down but which haven't yet penetrated the…