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Economics

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MSNBC Compares Obama Budget to Oprah Car Giveaway

On Monday, MSNBC host Ronan Farrow compared President Obama’s recently-unveiled budget to Oprah Winfrey’s famous 2004 car giveaway. Farrow summarized the Obama budget as “basically, you get the money and you get the money, you all get the money! Just

Tesla being towed to dealer.

Tesla Leaks Model X Super Bowl Ad

Instead of paying the record-breaking $4.5 million for a 30-second Super Bowl XLIX ad in hopes of going viral, Tesla apparently leaked a cell phone video of its blazingly fast Model X crossover, ripping it on a California pier and dominating downloads over the weekend.

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Obama Touts Economic Proposals in Pre-Super Bowl Interview

In the traditional pre-Super Bowl interview, President Barack Obama discussed the Chicago Bears, beer, snacks and politics from the White House kitchen with “Today” show co-host Savannah Guthrie. Obama touted his economic policy vision set forth in his State of

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Paul Ryan: Obama Exploiting ‘Envy Economics’ with Tax Plan

Sunday on NBC’s “Meet The Press,” Rep. Paul Ryan (R-WI) said President Barack Obama is exploiting “envy economics,” with his proposed tax increases on the wealthy. In discussing the president’s plan to tax inheritance Ryan said, “I think it is

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Bill Maher: Socialism Created the Middle Class

HBO’s “Real Time” host Bill Maher argued that Socialism created America’s thriving middle class on Friday. While Maher admitted that the middle class is struggling, he criticized Republicans for talking about middle class struggles because “up until like Thursday, the

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Getting the Couch Potatoes Back to Work

In 2014, GDP growth bounced back in the spring and summer from a tough winter, but in the fourth quarter, it fell off to 2.6 percent. History indicates the country should be doing a lot better—simply, too many prime working-age Americans are despondent and have permanently dropped out of the workforce.

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Samsung is Major Victim of Apple’s iPhone 6 Success

After Apple (AAPL) reported that it had sold $74.6 billion in products and earned a record corporate profit of $18.04 billion profit in a single quarter, Samsung Electronics admitted Thursday that much of Apple’s gain came at its expense. Korea’s former corporate juggernaut reported its lowest annual profit since 2011, with a 32% drop in quarterly profit, to $21.3 billion.

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7 Facts About America’s Disability Check Explosion

A recent House rules change by Republicans designed to curb insolvency in the Social Security Disability Insurance (SSDI) trust fund has sparked ire among some Democrats and guaranteed a forthcoming debate over the explosive growth in America’s disability program.

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Levin: National Debt Will Lead to Real Government Shutdown

On Tuesday, talk radio host and author of “The Liberty Amendments,” Mark Levin argued that the national debt will lead to a full, real government shutdown. “You’ll hear these people ‘we can’t have a government shutdown’…the government’s going to shut