Economy

Highly Partisan Editorial Accuses Gov. Christie of “Charming the Right” with Harsh Budget Cuts

Where is the money suppose to come from for this proposed commuter rail tunnel linking NYC and New Jersey. The Gray Lady never quite gets around to answering this in a highly partisan editorial that takes aim at Gov. Chris Christie of New Jersey for canceling the project. It also praises Mayor Mike Bloomberg of NYC for offering up an alternative plan that the editorial admits "sketchy." What? N.J. voters know their state is out of money.... Despite all the evidence out there to the contrary, ...

George Soros U.N. Panel Organizes $100 Billion Climate Change Shakedown Aimed Against U.S.

George Soros, the radical, far-left billionaire, with a long history of antipathy toward American interests, now sits on a U.N. panel charged with organizing a $100 billion wealth transfer from the developed world to the underdeveloped world in the name of environmentalism. News of his involvement here is buried away in a NYT report but it should be the lead sentence. Developing countries must help combat the many challenges associated with global warming, according to a United Nations (U.N.)...

Economic Consequences of Foreclosure Moratorium Should Take Precedence over Emotional Appeals

On the surface, it is very easy for readers to sympathize with financially stressed families that may be evicted from their homes. But emotional appeals should not serve as a substitute for reporting on the economic consequences of government intervention that will cost prospective homeowners over the long-term... News reports that personalize the misfortunes of individuals who have been identified as potential new constituents for the political class make for highly effective yarns. Here the...

“One Nation” Rally Sponsors Escape Criticism as They Fail to Match Glenn Beck’s “Restoring Honor”

Several paragraphs down into a report on the "One Nation" rally readers finally learn that liberal activists could not match the crowds Glenn Beck attracted to the Lincoln Memorial in August. The key sponsors of the event, which include organized labor, are permitted to offer up factually dubious quotes without any criticism or examination. Left wing activists who organized the “One Nation Coming Together” event at the Lincoln Memorial earlier this month as a rejoinder to Glenn Beck’s “Rest...

NYT Should Also Report on Folly of Minimum Wage Laws in U.S. After Exposing S. Africa’s Policies

These a remarkable front page report appearing on the front page of Monday's edition the demonstrates how minimum wage laws undermine the economic well being of the most vulnerable and needy members of society. So why not examine how the same intrusive policies undermine younger, low-skilled workers in the U.S?... What may be economically unsound is often politically expedient, which helps to explain why government agencies continue to mandate job-killing minimum wage laws.  Self-described ch...