Politicians often complain about America’s struggling middle class, but according to Squawk Box host Andrew Ross Sorkin, they should quit crying over spilt milk. Sorkin argued on Dec. 23 that the mid-20th century idea of middle class was a historical anomaly.
“This middle class that we keep talking about, this Leave it to Beaver middle class that was this panacea that people talk about is actually, I would argue to you, an historical aberration,” Sorkin said. Sorkin made the argument after co-host Joe Kernen and Aspen Institute CEO Walter Isaacson decried the current state of America’s middle class.
After CNBC Squawk Box co-host Joe Kernen complained about his recent spat with allergies, citing warm weather as a potential cause of ragweed growth, co-host Becky Quick teased him about climate change.
“I’m allergic, I’m allergic,” Kernen said. “And I started googling it today, warm weather and ragweed which has always been a problem. Supposedly, it’s really everywhere.”
The RNC may regret its approval of John Harwood as lead moderator for Wednesday night’s GOP presidential debate on CNBC if recent history is any guide. The CNBC anchor and New York Times columnist admitted he and a producer helped make Rick Perry’s infamous “oops” moment even worse.
CNBC Washington correspondent Richard Harwood and the co-hosts of CNBC’s Squawk Box briefly discussed during Friday’s show the age difference between Hillary Clinton and Republican presidential candidate Marco Rubio that included Harwood knocking Rubio for “look[ing] like a schoolboy” compared to Clinton.
Confucius say surprising things about capitalism.
Even more surprising was the decision by NBC News to promote the video from sister network CNBC about “Confucian capitalism” and the Chinese philosopher’s laissez-faire views of economics, given the network’s past attacks on capitalism.
A former top aide to Barack Obama appeared on CNBC, Thursday, and demolished the narrative, promoted by the administration and some in the media, that Jonathan Gruber is minor figure. Ex-presidential adviser Steven Rattner previously exposed the ObamaCare architect, who lashed out at "stupid" Americans," as an "important" individual.
On Thursday's Squawk Box on CNBC, host Joe Kernen cited the Media Research Center's latest study showing the Big Three network evening newscasts have barely noticed the anti-Obama midterm election of 2014 but provided wall-to-wall coverage in 2006: "...they breathlessly reported the Democratic takeover of Capitol Hill in the anti-Bush election of 2006....the coverage of this current situation, 6 to 1 disparity. There were 159 stories about the Democrats taking over in 2006. There have been 25 on the Big Three this [year]."
Senator Heidi Heitkamp (D-S.D.) appeared on CNBC’s Squawk Box on Monday morning to discuss a variety of topics including the impending vote on Scottish independence.
At the end of the segment, co-host Joe Kernen joked that when he goes to Scotland to play golf he will wear a kilt to “mark my ball” to which Heitkamp crudely asked “which one?”
As NewsBusters reported on Tuesday, CNBC's chief Washington correspondent John Harwood observed on Squawk Box that the world "blowing up" on President Obama's watch would be a "big problem" for former Secretary of State Hillary Clinton in 2016. Appearing on the show again on Wednesday, Harwood divulged that the Clinton team contacted him about how much attention his comments had generated among "conservative groups." [Listen to the audio or watch the video after the jump]
Host Joe Kernen began the Wednesday segment by declaring: "Harwood, did you see all the press he got yesterday from his appearance on our show yesterday?...He was everywhere. John, you're the man...Big press yesterday." Harwood noted: "You know who I heard about it from? I heard about it from the Hillary Clinton team." Kernen replied: "I'm sure you heard about it. In fact, you won't be getting an interview with them anytime soon."
Appearing on CNBC's Squawk Box Tuesday morning, the business network's chief Washington correspondent John Harwood acknowledged that President Obama's failed foreign policy would be an obstacle to Hillary Clinton's 2016 presidential ambitions: "...her independent credential running for president is that she was President Obama's secretary of state. The world is now blowing up. So that is a big problem for her. And so she's going to be looking for ways to separate herself from the current foreign policy mess." [Listen to the audio or watch the video after the jump]
Harwood's comments were prompted by host Joe Kernen asking about a quote in The Daily Beast in which Obama reportedly dismissed Clinton's recent criticism of his handling of the Middle East as "horsesh**t." In response, Harwood observed: "It wouldn't surprised me if he said that....I'm sure that that's how he feels about the criticism, he's made that pretty clear."
On the May 29 edition of CNBC’s Squawk Box, Richard Engel, NBC’s chief foreign correspondent, conceded that he could not name a single nation where relations have improved with the United States since President Obama took office six years ago. Engel generally stays above the political fray, so this admission about the president’s foreign policy is revealing.
Responding to further questioning by Home Depot co-founder Ken Langone, Engel asserted that the reason why relations with foreign nations haven’t improved is due to the fact that “our allies have become confused.” [See video below. MP3 audio here.]
On Friday April 18, the Obama Administration announced yet another delay on whether or not to proceed with the Keystone XL pipeline. The Obama Administration’s decision came in the wake of a new ABC News-Washington Post poll which found 65 percent of Americans support the construction of the pipeline with only 22 percent opposed.
Following the latest delay, NBC mostly ignored the story, giving it a paltry 18-seconds on the Saturday April 19 Today. Keystone was briefly mentioned on Sunday’s Meet the Press during an interview between moderator David Gregory and Congresswoman Debbie Wasserman-Schultz (D-FL). CNBC’s Squawk Box was the only NBC program to mention that Democratic billionaire and environmentalist Tom Steyer had pledged $100 million for Democratic candidates on the condition that Keystone not be approved. [See video below.]