The New York Times did its part for the Hillary Clinton campaign (and President Obama’s legacy) in Thursday’s edition, offering happy talk about lost coal jobs in Kentucky, skipping over some inconvenient facts that would cloud the pro-Democratic narrative, while another story bashing Donald Trump’s tax plan passed up a golden opportunity to revive Clinton’s infamous “dead broke” comment.
On Wednesday’s NBC Today, co-host Matt Lauer and his colleagues were aghast Team USA’s Olympic champions would be forced to pay taxes on their winning medals. Lauer proclaimed: “Like other medalists, Michael [Phelps] receives a cash bonus for all the hardware. Guess what? He’s gonna have to pay taxes on every single medal and every single bonus. It's called the victory tax.”
While we shouldn't live in the past, we can certainly learn from it. We are not the first humans to walk the Earth and yet too many, especially the young, suffer from the conceit that history is just a boring subject in school. PBS is rerunning episodes on its award-winning series "American Experience" on modern presidents and the challenges they faced. Each episode retraces what presidents believed to be good ideas at the time -- from Lyndon Johnson's program to wipe out poverty and defeat the communists in Vietnam, to George W. Bush's toppling of Saddam Hussein.
The Hillary Clinton campaign released the 2015 joint federal income tax return filed by Mrs. Clinton and her ex-President husband Bill this week. Among other things, the Clintons reported total income of over $10.7 million, incurred income and self-employment taxes of over $3.6 million, and deducted $1 million for a charitable contribution to (imagine that) the Clinton Foundation.
According to CNN's Errol Louis and Kate Bolduan, as seen in a discussion Sunday on CNN's Inside Politics, the contents of the Clintons' return make them seem "more middle classy."
On Friday, the Big Three and Spanish broadcast networks' evening newscasts all reported on Hillary Clinton releasing her joint tax returns with her husband, Bill, and how much they gave to charity. However, ABC and Univision conspicuously left out that the Clintons made almost all of their 2015 charitable donations to their own foundation. NBC's Kristen Welker (along with CBS and Telemundo) reported that the couple "donated just over $1 million to charity — virtually all of it to the Clinton Foundation."
The day before Donald Trump reflected on “Second Amendment people” and their response to Hillary Clinton’s taste in judges, he made news with a speech about economics. To The New Republic’s Brian Beutler, the takeaway there was that Trump had “adopted [both] Paul Ryan’s tax policy and the GOP’s gaffe-centered 2012 campaign strategy of misquoting or misrepresenting the Democratic candidate’s words.” Beutler argued that the two were related since Trump, “vulnerable to criticism from Hillary” on tax issues, has taken the offensive by lying about Clinton’s tax proposals -- specifically, by “claim[ing] that she pledged to raise middle-class taxes."
In a New York Times op-ed with so many holes it wouldn't hold up as swiss cheese, two political science profs, Jacob S. Hacker and Paul Pierson, set out to reassure the leftist elites that "The Path to Prosperity Is Blue." This would be pretty funny if it weren't for the fact that many of the Old Gray Lady's smug readers will actually buy this nonsense. The pair's presentation tortures economic and other statistics so badly that they make getting waterboarded look like a walk in Central Park.
In Saturday’s lead New York Times story, reporter Jackie Calmes glimpsed a silver lining in the rise of Donald Trump, as a challenge to the Republican party's myopic focus on “business and the privileged” that could relegate Reagan's "outmoded" ideas of tax cuts to the dustbin of history. The full deck of headlines: “As Trump Rises, G.O.P. Faces Push On Its Economics – Working-Class Appeal – Calling for the Party to Focus on Workers It Has Neglected.” Calmes used the prime piece of media real estate to aggressively push conservative “reformocons” who are against tax cuts.
There’s a famous line attributed to Henry Kissinger about the Iran-Iraq war of the 1980s: “It's a pity they can't both lose.” Left-wing Washington Monthly blogger David Atkins adapted Kissinger’s quip for his Tuesday post about whether “vicious, ignorant megalomaniac” Donald Trump is “more contemptible” than “steely-eyed devotee of Ayn Rand” Paul Ryan.
The 2016 Republican National Convention brought the radical, left-wing fringe out in Cleveland, and some of the groups’ ideas were downright ridiculous.
It’s almost as if “Net Neutrality” is a Leftist safe word - to be uttered when the free market growing freely causes them too much discomfort.
Few things demonstrate the insular Media-Government Bubble better than this:
It's a safe prediction that there will be renewed interest in the federal government's perilous financial situation if the country elects someone not named Hillary Clinton as its next president in November.
One reason why this prediction is so safe is how little interest there has been in even covering today's news about Uncle Sam's troubling June surplus of only $6.3 billion. The Associated Press, via Martin Crutsinger, devoted three whole paragraphs to the news during the first two hours after its release before lengthening it with the usual static analysis pablum about the presidential candidates' tax plans. A 4:30 p.m. Eastern Time Google News search on "deficit," which encouraged users to "Explore in Depth (9 more articles)," returned only three additional items when I followed that suggestion.