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Economy

CNBC's Santelli Right, 'Experts' Wrong; Unemployment Spikes to 9.1%

Disappointing May jobs report shows only 54,000 jobs added, despite media claims that prosperity just around the corner.

Times Pushes Tornadoes As Economic Stimulus

Frederic Bastiat, call your office: "There is no silver lining to a funnel cloud, as anyone who survived the tornadoes can attest, but reconstruction can help rebuild local economies as well as ...

April Unemployment Back Up to 9%; 27th Month Above 8%

Despite 244,000 jobs gained in April, national unemployment rate has been higher than promised since February 2009.

Despite Huge Fuel Cost Increases, Networks Criticize Airfare Hikes

Media reports suggest fuel prices are an excuse, show little sympathy for concept of profit.

Fighting Spending Cuts in Ohio, NYT Focuses on Union Jobs, Not $8B Deficit

Liberal sob stories and left-wing income statistics from Sabrina Tavernise in defense of unionized public-sector workers in Ohio: "Now, as Ohio's legislature moves toward final approval of a bill ...

U.S. Ready for $3.57 Gas, But Under Bush $2.55 Was 'Recession Predictor?'

Higher gas prices? No worries. In 2011, with gas at $3.57 a gallon, "the American economy may be better prepared for higher fuel costs....economists say the spike is unlikely to derail the rebound ...

Unemployment Below 9 Percent 'Bolsters Recovery Hopes' in 2011, But Little 'Consolation' in 1983

New York Times very downbeat in Reagan's day, despite much bigger monthly drop in jobless rate than February 2011.

Networks Link Bush to 'Skyrocketing' Gas Prices 15 Times More Than Obama

Mideast unrest has sent pump prices up rapidly, but networks mention GOP president in more gas reports than today.

Santelli Slams CNBC Panelists for Spinning Jobs Report

CNBC's floor reporter criticizes 'kool-aid drinkers' for trying to find good news in the 'disappointing.'

Really Now: 'A Compelling Case That Obamanomics Has Produced Results'

White House reporter Peter Baker: "There is a compelling case that Obamanomics has produced results....The American Recovery and Reinvestment Act, known as the stimulus, produced or saved at least ...
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