Shinzo Abe

Twenty years of economic growth averaging less than 1 percent have failed to convince Japan's leaders — and apparently its citizens — that Keynesian-style government spending and handouts are not the answer to turning that long-suffering nation's economy around. So the Shinzo Abe government, fresh from learning that the country is in yet another recession — its fifth since 2008 — is doing more…

Japan, once a feared world economic powerhouse already at "two decades of little or no real economic growth," just reported that its economy contracted during the second quarter at an annual rate of 1.6 percent. The common thread throughout the two-decade slump has been the alleged need for ever-increasing levels of Keynesian "stimulus." Apparently refusing to believe there are any other…

ABC’s World News Tonight anchor David Muir appeared to take a swipe at President Barack Obama on Tuesday night when he juxtaposed the tense situation in Baltimore with the President holding a State Dinner roughly 40 miles away at the White House for Japanese Prime Minister Shinzo Abe. Muir anchored ABC’s evening newscast from Baltimore and led off the program with just under five minutes of…

The language police came out in full force today, expressing outrage that President Barack Obama employed an accurate word — "thugs" — to describe many of those involved in Baltimore's three days of rioting. The PR flaks at a leftist media group went to a spokesperson for a Latino "organizing" group. He attacked Obama, not for using the word, but for having the temerity to apply it a "handful…

In an early Wednesday morning report containing an undercurrent of amazement and frustration that Japan's journey into Keynesianism and quantitative easing on steroids somehow hasn't worked, the Associated Press's Elaine Kurtenback wrote that a steep "April 1, 2014 sales tax hike ... triggered a brief recession and growth since has been flat." The Land of the Rising Sun with the long-…

The New York Times' labeling bias isn't just aimed at U.S. conservatives; the Times' global reach and bias extends overseas, as demonstrated in Wednesday's  New York Times was crammed with dangerous and unpleasant right-wingers in Europe, Asia, and of course Israel.

After reading Elaine Kurtenbach's coverage of how Japan's latest dive into yet another recession is affecting young people there, I can only say, "The Keynesian koolaid is strong in this one." The AP reporter's headline says that the recession was "unexpected," and her first sentence calls it "a surprise." Anyone watching economic events in the country, and I think that's supposed to include…

There were several more of those infamous "U-word" ("unexpectedly") sightings yesterday in the business press, as Japan — to the surprise of no one who has successfully avoided the Keynesian koolaid — reported that its economy shrank for the second quarter in a row, officially falling into yet another recession. The U-word hit the trifecta, appearing in reports at the Associated Press,…

The smug self-confidence of financial analysts and writers who predicted that Japan's monstrous sales tax increase would have no long-term effect on its economy should be severely shaken. An Associated Press report tonight by business writer Elaine Kurtenbach tells readers that the Land of the Rising Sun's economy "contracted at a larger than earlier estimated annual rate of 7.1 percent in…

President Obama is currently on a week-long tour of Asia and all three networks took the opportunity to promote the tenure of Caroline Kennedy, the U.S. Ambassador to Japan. On Thursday April 24, all three morning shows sat down with Kennedy and heaped praise on the long-time Democrat. ABC’s Jonathan Karl and NBC’s Chuck Todd both used their interviews to plead for Kennedy to support Hillary…

Alex Burns at Politico was handed the Kennedy Goo bucket for their latest feature, headlined "Ambassador Kennedy: A Star Is Born." The liberal media establishment are very eager to say Caroline Kennedy is packed with charm in her role in Japan as "political royalty," and if she was a terrible candidate to replace Hillary Clinton in the U.S. Senate, well, diplomacy is more her bag. After about…