MSNBC's Ruhle: Jobs Numbers Show We Need to Spend Another $4 Trillion
May 10th, 2021 8:19 AM
For MSNBC senior business correspondent and host Stephanie Ruhle, Friday's woeful jobs numbers prove that in addition to the recent $2 trillion COVID stimulus, the U.S. needs to adopt the White House's expanded definition of "infrastructure" and spend an addition $4 trillion.
CNN Mirrors Biden's Doom & Gloom: Trump Is Endangering the Country
November 19th, 2020 9:30 AM
Rather than reporting the news, CNN’s New Day decided to spend its Tuesday morning broadcast mirroring Joe Biden’s words on the transition and COVID. Once again, they warned of dangers both to the lives of American citizens and to the economy if Trump does not start the transition. As co-host Alisyn Camerota proclaimed to a pro-Biden guest: “We've had many segments already this…
CNN's Costello Worries About 'Cost' of Carrier Deal; 'Slippery Slope'
December 1st, 2016 6:05 PM
On Thursday's CNN Newsroom, Carol Costello hyped the possible impact to taxpayers for President-Elect Donald Trump's role in getting Carrier to stay in Indiana: "Donald Trump delivering on his vow to save Carrier jobs, and his economic team says it will deliver a lot more — but at what cost?" Costello brought on two Trump critics from both sides of the aisle, but didn'…
Journos' Brexit Freak Out: Britain ‘Beyond Repair,’ Blame Xenophobia
June 24th, 2016 2:11 PM
The UK’s surprising decision to exit the European Union brought out typical sneering from journalists, as well as warnings that the decision would bring doom and gloom to the country. Business Insider Finance Editor Lianna Brinded warned Britain was “beyond repair,” and the worst was “yet to come.”
Former Obama Official: Jobs Revisions 'Elaborate Left-wing Plot to Mak
February 1st, 2013 9:28 AM
The Bureau of Labor Statistics on Friday reported upside revisions to the number of jobs that were created in last year's fourth quarter.
Appearing on CNBC's Squawk Box, Austan Goolsbee, the former Chairman of the Council of Economic Advisers under Barack Obama, joked, "It’s an elaborate left-wing plot to make the numbers much better several months after the election so…
March Hiring Far Below Expectations, CNBC Guest Still Seeks 'Silver Li
April 6th, 2012 11:55 AM
Each month before the jobs report is released by the Bureau of Labor Statistics, the hosts and guests of CNBC make predictions about the payroll employment number and unemployment rate.
On April 6, when the March data was released Steve Liesman was the high end predictor, with 290,000, and former Obama economic adviser Austan Goolsbee was low, with 180,000. But everyone turned out to be…
Politico's Mak Buries the Lede: Austan Goolsbee, Supply-Sider
October 21st, 2011 8:08 PM
The easy catch in former Obama administration economic adviser Austan Goolsbee's Thursday interview on MSNBC's "Morning Joe," as reported by the Politico's Tim Mak, is that he believes that "if given a second chance he would not have backed the Cash for Clunkers program or the home buyer tax credit." Goolsbee's excuse for his changed position -- that the…
Obama's Egghead Economic Saboteurs
June 8th, 2011 3:33 PM
Official motto of the White House economic team: Those who can, do. Those who can't, fantasize in the classroom, fail in Washington and then return to the Ivy Tower to train the next generation of egghead economic saboteurs. Life is good for left-wing academics. Everyone else pays dearly.
Take Austan Goolsbee, please. President Obama's "fresh-faced" University of Chicago…
GE's Jeff Immelt: Global Warming 'Compelling'; Cap-and-Trade Most 'Eff
May 20th, 2009 3:17 PM
General Electric (NYSE:GE) is the parent company of the major media conglomerate NBC Universal, which owns media outlets NBC, MSNBC and CNBC. At times that has led to the lines between corporate advocacy and journalism being blurred. That was certainly the case when GE's CEO Jeff Immelt appeared on CNBC's "Squawk Box" May 20 to discuss the White House meeting of President Barack Obama'…
Caruso-Cabrera Jabs Obama Camp Again – 'They Want to Cite the Almigh
August 15th, 2008 12:06 PM
Perhaps the media's Obama lovefest isn't as infectious as previously thought - at least in some corners of the financial media. For the second day in a row CNBC's Michelle Caruso-Cabrera noted low taxes - a conservative economic ideal - trumps those of the left, both economically and politically. Caruso-Cabrera and "Squawk Box" co-anchor Joe Kernan interviewed Douglas Holtz-Eakin, the…
CNBC Host to Obama Advisor: Ask Yourself – 'What Would Milton (Fried
August 14th, 2008 7:07 PM
It's not often someone in the media challenges the liberal point-of-view - especially on the issue of taxes when they become a means to redistribute income. CNBC "Squawk Box" fill-in co-host Michelle Caruso-Cabrera wasn't afraid to buck the trend and challenge Democratic presidential nominee Sen. Barack Obama's senior economic adviser Austan Goolsbee. Goolsbee appeared on the August…
BusinessWeek Hypes Downside of Free Trade, Ignores Positives
February 1st, 2008 4:26 PM