The current economic expansion could “make history” if it lasts through July, but Bloomberg BusinessWeek pooh-poohed its 10th anniversary saying “no one’s partying” in the June 10 issue.
Twin toadying: New York Times political reporter Amy Chozick relished Hillary Clinton and other women D.C. liberal feminist figures (both in and out of power) in two stories Sunday, one on the front of Sunday Styles and one on the front of Sunday Business. Chozick, who led the paper’s coverage of Hillary Clinton’s failed presidential campaign, couldn’t help fawning over Clinton even in a mildly critical story.
While liberals made many different objections to the GOP’s latest tax reform plan, one former Obama and Clinton administration economist claims the plan will literally kill. Economist Larry Summers told CNBC viewers the Republican tax bill “would result in 10,000 extra deaths per year.” He appeared on CNBC Squawk Box on Dec. 4, to discuss the Republican tax bill.
On Sunday's Fareed Zakaria GPS show, the host peddled the long-discredited mythology that the Reagan and Bush 43 supply-side tax cuts caused annual budget deficits to explode. Zakaria interviewed former Treasury Secretary and Obama economic adviser Larry Summers and current Trump administration Council of Economic Advisers head Kevin Hassett, but he did so separately, thus teeing up Summers to go after Hassett harshly and personally.
It's so predictable.
Whenever a government or leader follows the left's playbook and the results "uexpectedly" don't turn out to be anywhere near what was desired, it isn't the policies' or the leader's fault. No-no-no. During the Mayor David Dinkins era in New York City, it was because Gotham had become ungovernable by any human being – until Rudy Giuliani took over. During the Carter Era, the conventional wisdom was that America had become too unwieldy and ungovernable — until Ronald Reagan righted the ship. We're now hearing a similar refrain about the U.S. economy after seven-plus years of Keynesian economic policies, except that, as we'll eventually see, it involves recycling. On Friday, Jacob Davidson at Time.com engaged in a lengthy excuse-making exercise (HT Hot Air Headlines; bolds and numbered tags are mine):
Monday's CBS This Morning revealed how "a trusted Obama health care adviser warned the White House it was losing control of ObamaCare". Major Garrett underlined that "the warnings were dire and specific, and ultimately ignored" by the Obama administration. Instead, they "relied on appointed bureaucrats and senior White House health care advisers" to implement the health care law.
Garrett also pointed out how "the White House became secretive about the law's complexity and regulatory reach" because they were apparently "fearful of constant attacks from congressional Republicans" over the controversial issue. [MP3 audio available here; video below the jump]
British historian Niall Ferguson brought a breath of fresh air to the set of MSNBC’s Morning Joe on Thursday, effortlessly cutting through the show’s typical left-wing spin.
Co-hosts Joe Scarborough and Mika Brzezinski were engaged in their new favorite pastime – slamming Ted Cruz and other GOP “extremists” – when Ferguson jumped in and suggested that President Obama may also be culpable in the current budget impasse: [See video below.]
In an effort to report on the popularity and status of President Barack Obama now that he's well into his second term in the White House, Politico website writers Todd S. Purdum and John F. Harris posted two articles on Wednesday. The first is entitled “What's wrong with President Obama?” and the second missive is called “And what's right with President Obama?”
The second article claims that Obama's personality is one of his strong points: “His smile remains dazzling, even if he flashes it less often.” That drew several responses from people on the Twitter social media website, including @KentBushart, who charged that the message is “Pure Presidential love from glue-sniffers at Politico.”
Continuing her network's anti-Limbaugh drumbeat today, MSNBC's Tamron Hall interviewed a little-known feminist activist by the name of Shaunna Thomas of the equally unfamiliar group UltraViolet, which is campaigning to deprive Rush Limbaugh of all of his sponsors. UltraViolet, apparently, is famous for pushing the specious and ultimately discredited claims about a supposed anti-abortion clinic bias by the iPhone 4S's speech recognition software.
To her credit, Hall noted that liberals like Bill Maher have said equally if not more offensive things than Limbaugh and not been called out on it, citing a tweet by none other than former White House aide Austan Goolsbee. "What do you make of this back and forth of, well he did it, but so did he?"
While media gush and fawn over the Occupy Wall Street protests wondering how President Obama can take advantage of the sentiments being expressed, they're conveniently ignoring a crucial detail.
As MSNBC's Joe Scarborough said on Tuesday's Morning Joe, "He got more money from Wall Street than any candidate in the history of U.S. politics" (video follows with transcript and commentary):
They're back, they have their media water-carriers in place, and the Obama administration is smack dab in the middle of it.
The United Nations is pushing for countries in the developed world to keep their "promise" to, in the worlds of Charles J. Hanley at the Associated Press, "raise up to $100 billion a year in new money for poorer countries to cope with climate change and reduce their greenhouse gas emissions."
It's as if ClimateGate never happened (link is to NB's 120-plus posts on the topic). It's as if the IPCC and others associated with the scandal and the evidence-impaired claims of global warming -- er, climate change -- uh, make that climate disruption -- still have their reputations totally intact.
Here is how Bloomberg describes the U.N.'s request:
After nearly two years in office, the "first rate" economic team that President Obama assembled to turn things around - Peter Orszag, Christina Romer, Larry Summers and Timothy Giethner - has itself nearly turned over.
His E-team of "brainy" economists, as ABC's Claire Shipman called one of them, went to work even before Obama took office, ultimately crafting a massive stimulus plan that they said would create millions of jobs. The media regarded them highly, giving them plenty of live interview time and constantly pushing their economic ideas.
ABC's Diane Sawyer called them "economic gladiators" in late 2008, as Obama was assembling his team. The networks also gave Obama's picks, especially Geithner's appointment, credit for a huge stock market rally.
"Stocks staged a monster rally last week after President-elect Obama unveiled his new economic team. But the euphoria evaporated today," CBS's Anthony Mason declared Dec. 1, 2008, on "Evening News."