Unemployment

Sen. Chuck Schumer (D-N.Y.) on Sunday claimed the President's stimulus plan combined with 2008's Troubled Assets Relief Program resulted in ten million jobs being saved. Such was actually said on CBS's "Face the Nation" (video follows with transcript and commentary):

Despite 9.6 percent unemployment nationally, with some areas of the country suffering far worse than that, the New York Times editorial board believes state governments must raise taxes to balance their budgets:

Bill Press this weekend said Barack Obama has created more jobs in the past 20 months than George W. Bush did in his entire eight years in office. As readers will see from the actual data compiled by the Bureau of Labor Statistics, Press's comments made on the "McLaughlin Group" were so false it's laughable (video follows with transcript and commentary):

During her 1PM ET show on MSNBC on Friday, host Andrea Mitchell decried President Obama showing willingness to extend all the Bush tax cuts: "We got the big hint from Robert Gibbs yesterday that that is now on the table as far as the President's concerned. How does extending tax cuts for the very – the wealthy, the millionaires, how does that help the unemployed?" Mitchell directed that…

The Bureau of Labor Statistics released the unemployment numbers for October showing “fantastic” gains of 151,000 jobs, according to MSNBC, and an unchanged 9.6 unemployment rate. CNN’s Christine Romans called it a “good report,” during “American Morning” and noted that it was the “first time in a very, very long time” enough jobs had been added in one month to keep up with new entrants…

Media Research Center’s President Brent Bozell appeared on “Fox & Friends” Oct. 29, to discuss the broadcast networks’ spin on unemployment. “Well, it confirms what many conservatives have said for years. It absolutely confirms it, but when you look at the numbers it really does rattle you because it is so obvious when the same reporters are taking two completely different positions…

Spinning the Numbers When Conservatives in Charge: During the year leading up to the 2005-06 mid-term elections, the economy was strong and unemployment never went above 5 percent. That wasn’t how the media reported it. Negative reports and stories spun negatively accounted for 58 percent of the stories (38 out of 65). Spinning the Numbers When Left in Charge: Despite the near 10 percent…

Back in March, in the runup to the final ObamaCare vote in the House, the establishment press was thrilled when the Congressional Budget Office issued a report estimating that ObamaCare would, in the CBO's words, "produce a net reduction in federal deficits of $138 billion over the 2010–2019 period as result of changes in direct spending and revenue." At the time, NB's Brent Baker noted how…

The White House thinks its got a great campaign issue in falsely accusing the U.S. Chamber of Commerce of funneling foreign dollars to Republicans, and MSNBC's Chris Matthews is making it clear he's willing to assist the administration in making its case. Who cares that there's absolutely no factual basis in what President Obama and the "Hardball" host are saying? So hell-bent on making…

There are times when you have to wonder whether liberal shills in the media are are just ignorant or dishonest. Monday is one of those times. Consider Nobel laureate Paul Krugman's most recent column in the New York Times entitled "Hey, Small Spender" wherein the man the Left considers to be one of the economic geniuses of our time argues that federal spending really hasn't increased under…

Just in case anyone mistakenly believes Obama has heard (or gives a rip about) the loud voice of the American people rejecting his socialism, appeasement, unconstitutional abuses of power and unpresidential combativeness and divisiveness, let me share a few tidbits. --After House Minority Leader John Boehner, R-Ohio, issued a damning critique of Obama's economic policies, the administration's…

George Will on Sunday once again proved how little Nobel laureate Paul Krugman actually knows about economics. As the Roundtable segment of ABC’s “This Week” approached its conclusion, host Christiane Amanpour referred to French Finance Minister Christine Lagarde’s claim earlier in the program that her country’s economy is already growing and doesn’t need any further stimulus spending.…

The more I watch Ed Schultz on MSNBC, the more I realize he may actually be a bigger idiot than recently fired CNN anchor Rick Sanchez.Helping to prove my point, Schultz on Thursday said companies that buy back their own stock are un-American."Large companies have purchased -- here are the numbers -- $273 billion -- billion -- of their own shares this year. And my friends, that is five times as…

The final government unemployment report before the midterm election was released Oct. 8 showing a loss of 95,000 jobs in September, and an additional 15,000 losses in July and August and an unemployment rate still at 9.6 percent. But Gallup warned on Oct. 7 that the BLS report was "likely to understate" the job losses in September. By its calculations the unemployment rate is actually…