As government spending supporters in the media press for a new, bolder stimulus plan to get the economy going, they love to refer to the Depression Era Hoover Dam as a shining moment in Keynesian economics.
When this surfaced on ABC's "This Week" Sunday, George Will marvelously noted, "You couldn't build the Hoover Dam today because they'd discover a snail darter in the Colorado River and would stop it" (video follows with transcript and commentary):
As NewsBusters has been reporting, the Obama-loving media have largely been gushing and fawning over the current White House resident taking a vacation on Martha's Vineyard as the economy appears to be heading into a double-dip recession.
Giving an interesting insight into the President's decision to not call Congress back from its summer break to tackle the problems facing the nation was New York Times columnist Maureen Dowd who wrote Sunday:
Sometimes I wonder how liberal media members could possibly live in the same country as I do and hold such startlingly absurd ideas about it.
Take for example FareedZakaria who on the CNN program bearing his name this Sunday is going to tell viewers that America would likely still have a AAA credit rating if we had a parliamentary system of government with a prime minister rather than a president (video follows with transcript and commentary):
NPR's Scott Horsley apparently couldn't find any conservatives for his report on Thursday's All Things Considered, as he played nothing but sound bites from President Obama and former economic advisor Jared Bernstein. The two boosted a possible mini-stimulus, including "help for public works projects." Horsley played four clips from the President and two from Bernstein during the segment.
RNC Chairman Reince Priebus got into a somewhat testy exchange over the President's lack of a jobs plan with CNN's Christine Romans on today's American Morning. "Sounds like you're the one with the talking points," Priebus replied to Romans's assertion that he was just repeating GOP talking points.
Priebus also noted that only congressional Republicans had offered any solutions to the nation's economic problems. "I don't know if you're paying attention to what is happening in Washington, but it was the Republicans that offered a budget plan that addressed the out of control spending and out of control debt that is looming in regard to Medicare. It was Paul Ryan who presented a plan," said Priebus.
President Obama will deliver a major address soon after Labor Day seeking to pressure a special Congressional committee to propose new measures to promote job creation as well as larger long-term deficit cuts than mandated, aides said Wednesday.
All joking aside about "if Obama has lost [fill in the blank], he has lost America", there was a stunning display today of a formerly ardent supporter condemning in the most fundamental terms President Obama's failure of leadership.
On Morning Joe, leftist Columbia Prof. Jeffrey Sachs absolutely scalded the president. Declared Sachs: the stimulus failed. Three years in, Obama has no plan, and is providing "no leadership." Ouch. View video after the jump.
On Thursday, Forbes's Robert Lenzner claimed the U.S. needs a second stimulus, and CNN's financial gurus Richard Quest and Ali Velshi were content not to challenge his point. Velshi even acknowledged later that the country needs to "stimulate employment" through tax benefits to small businesses.
"What we really need, but unfortunately we're politically behind the eight-ball is, we need an enormous stimulus program of say, $200 billion to put to work all these people from the construction trades and building and real estate that are out of work," Lenzner insisted.
While the media are sharpening the knives against Republican presidential aspirant Gov. Rick Perry on the nature of jobs created under his watch in Texas, fairness would dictate a look at the Obama administration's jobs record, particularly on his pet project of ushering in the age of renewable energy and with them "green jobs."
It appears David Gregory is a bit confused about how our system of government works.
During intense questioning of Congresswoman Michele Bachmann (R-Minn.) on Sunday's "Meet the Press," the host scolded his guest for having the nerve to actually care what the American people thought about raising the debt ceiling (video follows with transcript and commentary):
On Sunday's "Fareed Zakaria GPS," New York Times columnist - and, ahem, Nobel laureate - Paul Krugman actually advocated space aliens attack earth thereby requiring a massive defense buildup by the United States that would stimulate the economy (video follows with transcript and commentary):
"I must confess that every time Representative Michele Bachmann uttered the phrase 'as president of the United States' during Thursday's Republican presidential debate I blacked out a little bit, so I'm sure that I missed some things."
So actually began a piece by New York Times columnist Charles Blow Saturday:
Remember the good old days when political commentators were governing their tongues and offering Americans a far more civil tone in the wake of the tragic shootings in Tucson?
Well, MSNBC's Chris Matthews on Thursday demonstrated just how bygone those days are when he gleefully reminisced about Congressman Paul Ryan (R-Wisc.) sticking his neck out with a bold budget proposal months ago only to have President Obama "[punch] his head off" (video follows with transcript and commentary):
For some reason, in the middle of a lengthy "Morning Joe" segment dealing with President Obama's obvious failures as a leader, host Joe Scarborough on Thursday felt the need to bring up conservative talk radio host Rush Limbaugh (video follows with transcript and commentary):
At the top of Wednesday's NBC Today, co-host Matt Lauer declared: "President Obama faces new criticism from members of his own party, is he doing enough to manage the [economic] crisis?...Should he, for example, demand that Congress cut short its summer vacation to address the situation?" In the segment that followed, the headline on screen read: "Dems Urge Obama to Get Tough With GOP & Congress."
Chief White House correspondent Chuck Todd explained that "there are a lot of Democrats out there that believe this is a leadership test for President Obama....And many Democrats are increasingly upset about the way the President negotiates with Republicans." A sound bite was included from left-wing Washington Post columnist Dana Milbank fretting: "The Democratic base is as furious as they've been at any point in the last 16 years....they can't challenge Barack Obama because that would hand the presidency to the Republicans."
The primary argument conservatives made against presidential candidate Barack Obama in 2008 was that he lacked the proper experience and qualifications for the most important job on the planet.
On Tuesday, Huffington Post's Howard Fineman, one of the many liberal media members that helped get the woefully lacking junior senator from Illinois into the White House, said on MSNBC's "Hardball," Obama "should have spent more time on the Chicago Board of Aldermen than at the University of Chicago" (video follows with transcript and commentary):
MSNBC's Thomas Roberts implied Tuesday that members of Congress who oppose efforts to inject more government spending into the economy, as President Barack Obama proposed recently, are committing an "act of treason."
"Why don't people look at that as an act of treason?" the daytime anchor asked the Washington Post's Ezra Klein, who shrugged off the accusation.
"I don't think what happens is Mitch McConnell and John Boehner retire to their volcano lair and plot how to doom the American economy," replied the liberal blogger.
Joe Scarborough on Tuesday told his "Morning Joe" co-host an inconvenient truth that she and most of her colleagues in the media just can't handle.
"A president that cannot control 45 backbenchers in the opposing Party in the House of Representatives is too weak to be President of the United States. It is that simple" (video follows with transcript and commentary):
Obama advisers, Democrat senators, and terminally stupid ideologues that have been for almost two days blaming Standard and Poor's downgrade of America's debt on the Tea Party have all been ignoring a very inconvenient truth.
According to MSNBC's Lawrence O'Donnell, "Last week's vote for a debt ceiling increase was the most bipartisan vote to increase the debt ceiling we have seen in a very, very long time" (video follows with transcript and commentary):
On Monday, one of the only sane voices in the mainstream media stood up and said, "If it wasn't for the Tea Party, they would have passed the debt ceiling thumbs up, we would have been rated BBB" (video follows with transcript and commentary):
Before moving on, I'd like to take one more stab at explaining the differing viewpoints of the opposing sides in the contentious internecine conservative debate over the debt ceiling and also assess the deal's winners and losers.
I honestly believe there were reasonable grounds for disagreement among conservatives concerning the best strategy and tactics to tackle what they agree — if all Democrats don't — to be a national debt crisis. By failing to cut one another slack, we'll only serve to divide our coalition and impede our shared agenda.
As NewsBusters reported Sunday, Senator John Kerry (D-Mass.) set off a liberal firestorm when he called Standard and Poor's U.S. credit rating change the "Tea Party Downgrade."
On Monday's "Morning Joe," host Joe Scarborough told "terminally stupid ideologues" that "really don't understand" anything because they're "so dogmatic [they] can't think for [themselves]" to "stop using the Tea Party as a piñata" (video follows with transcript and commentary):