Feb
05
2014

CVS Tobacco Ban: Money Over Morality Over Money

Consumer Reports drug price chart

Maybe when you're selling drugs for more than four or five times what some of your for-profit competitors are charging, you can afford to "sacrifice."

Jan
29
2014

The State of AP's Factchecking Is Sad–as Usual

AP's Calvin Woodward

Why does AP still let Calvin Woodward "factcheck" political speeches? Does no one at the news service know what actual factchecking looks like? (If you're coming in late, see FAIR Blog, 10/30/08, 2/25/09, 4/30/09, 1/28/10, 8/31/12.) Woodward's latest venture (1/29/14) into the factcheck genre, following President Barack Obama's State of the Union speech,  produced  yet more illustrations of what not to do when gauging the accuracy of political speech. Take this item: OBAMA: "We'll need Congress to protect more than 3 million jobs by finishing transportation and waterways bills this summer. But I will act on my own to slash […]

Jan
28
2014

AP Distorts Poll to Support Obama's Inequality Dodge

pew-inequality

It's hard to remember a better time for politicians to talk about the issue of income inequality. But according to the Associated Press (1/24/14), Barack Obama's State of the Union address will attempt to shift away that issue–too divisive, apparently–and opt instead for some discussion of economic opportunity. As Jim Kuhnhenn writes: The adjustment reflects an awareness that Obama's earlier language put him at risk of being perceived as divisive and exposed him to criticism that his rhetoric was exploiting the gap between haves and have-nots. He also noted:  Obama's December speech was well received by Democrats and liberals, but […]

Jan
17
2014

NYT: The Center Is Right in France

Are "economic experts" really gratified by French President Francois Hollande's economic policy ideas? The New York Times cites one, but it's not hard to find other economists who offer a very different take.

Jan
16
2014

Zakaria's Fantastic Economic Advice

Wall Street Journal map of Latin America

CNN's Fareed Zakaria– with an assist from the Wall Street Journal–divided Latin American economies into winners and losers. But does it all add up?

Dec
06
2013

USA Today a Go-To Paper for Right-Wing Press Releases

Douglas Holtz-Eakin

When a paper runs a puff piece actually headlined "When It Comes to Testimony, He's a Go-To Guy," that's way better than a full-page ad. That's the favor that USA Today extended to right-wing economist Douglas Holtz-Eakin.

Dec
02
2013

Washington Post: The Problem With Populism

Sen. Bernie Sanders (cc photo: Don Shall)

The Washington Post sees "political risks" for the Democratic Party in a revived left agenda–which is hard to figure, since all of the "left" issues it identifies are all broadly popular.

Nov
20
2013

Paul Ryan, Poverty Fighter?

Paul Ryan (cc photo: Gage Skidmore)

Let's say you're best known for coming up with a federal budget blueprint that slashed tax rates for the wealthy and proposed big cuts to anti-poverty safety net programs, but now you want to be known as a guy who really cares about fighting poverty. Lucky for you, the Washington Post is here to help.

Nov
04
2013

Social Security Death Fraud EXPOSED!

washpost-dead-govt-checks

After reporting that "the government has trouble determining exactly which Americans are deceased," the Washington Post notes, almost as an afterthought, that the "vast majority" of deaths are recorded without incident.

Oct
25
2013

CNN Host Sticks Up for the Biggest Bank

Erin Burnett (cc photo: mroach)

Before she was a reporter, CNN host Erin Burnett worked on Wall Street. Evidently she still sees things from that perspective.  On October 21, Burnett took time on her show OutFront to criticize the Justice Department's reported $13 billion settlement with JPMorgan Chase. The bank is apparently ready to settle over a variety of claims relating to mortgage securities and the 2008 economic collapse.  To Burnett, this is the government punishing success–and making the bank pay for things it didn't even do:  This is all related to mortgage-backed securities and bad mortgages. It's a hell of a lot of money, […]

Oct
21
2013

TV Host Tired of 'Partisan Games,' Keeps Playing Them Anyway

Bob Schieffer

Bob Schieffer isn't just a guy with an opinion about what's not being discussed on TV. He hosts a TV show every week.

Oct
17
2013

The Media's 'New American Center' Is Well to the Left of the Media

newamericancenter

Media don't tend to define The Center as "Things Most People Support," because letting people know that most Americans support raising taxes on the wealthy, cutting military spending or providing single-payer healthcare would make the elite political debate seem like it's well to the right of the public.

Oct
16
2013

'Searing Memories of Defaults'–and Selective Memory at the New York Times

Argentina real GDP

It's true that Mexico's default on its debts in 1982 was followed by years of hard times. But Argentine and Russian memories of default are far less "searing"