Budget

George Will on Sunday once again proved how little Nobel laureate Paul Krugman actually knows about economics. As the Roundtable segment of ABC’s “This Week” approached its conclusion, host Christiane Amanpour referred to French Finance Minister Christine Lagarde’s claim earlier in the program that her country’s economy is already growing and doesn’t need any further stimulus spending.…

Bill O'Reilly on Wednesday smacked down Bill Maher when the comedian blamed Barack Obama's bad poll numbers on racism.In the first part of his much-anticipated interview with the "Real Time" host, O'Reilly asked Maher's opinion on why the public seems to have soured on the President. After blaming Obama's woes on everyone but Obama himself, Maher said, "Of course a lot of it is racially..."Maher…

New York Times correspondent Thomas Friedman is clearly unhappy about the Tea Party, so much so that he considers the movement "not that important."Instead, he envisions another group, "which stretches from centrist Republicans to independents right through to centrist Democrats," sitting silently out there in America waiting for the right leader to emerge.So wrote Friedman Wednesday in his "The…

September 2010 might go down in history as the month America's comedians took over the Democrat Party.From upcoming political rallies by Jon Stewart and Stephen Colbert to the latter testifying before Congress and the media waiting breathlessly for Bill Maher to release another video of Delaware Republican senatorial candidate Christine O'Donnell, our world has surely taken a giant step towards…

For the second week in a row Charles Krauthammer has gotten into a heated debate with the Washington Post's Colby King on the PBS program "Inside Washington."This time it was about the effectiveness of President Obama's stimulus plan. "These guys have had a year and a half and people are not happy with the results," said Krauthammer. "$1 trillion of stimulus it disappeared and there is nothing to…

All three broadcast evening newscasts on Thursday covered the formal unveiling of the Republican ‘Pledge to America,’ a campaign document calling for the repeal of ObamaCare, no tax hikes and balanced budgets. CBS’s Nancy Cordes cast it as pro-Tea Party, “littered with references to the Constitution and promises to reduce the federal debt,” and Tea Party members as “grateful” for its policy…

A recurring theme from liberal media members as we approach the midterm elections is that Americans have to vote for Democrats in November so the nation doesn't go back to the way things were when Republicans ran everything.A perfect example is New York Times columnist Paul Krugman who on Friday penned a piece called "Downhill With the G.O.P.":Never mind the war on terror, the party's main…

A NewsBusters article about misstatements made by former President Bill Clinton on "Meet the Press" sparked a fact-checking examination by the St. Petersburg Times' PolitiFact.As reported Sunday, Clinton bragged to host David Gregory that his administration had "paid down the debt for four years, paid down $600 billion on the national debt."This of course was quite incorrect as the debt didn't…

A new CNN/Money survey of 31 top economists found a majority of them say the top priority — given the weak state of the economy — is for Congress to extend the Bush tax cuts for all income groups. But talking about this policy recommendation with CNN/Money’s Paul La Monica on Monday’s American Morning, co-anchor John Roberts rued the conundrum of needing to keep tax rates low for economic reasons…

It must be nice to know you can go on a nationally televised political talk show and not be challenged when you make an historically inaccurate claim, especially when it's about yourself.Such happened Sunday when former President Bill Clinton was interviewed by David Gregory on NBC's "Meet the Press."The host began the discussion by asking his guest about "pretty significant developments...inside…

It's almost tempting to just run a few paragraphs of Kate Zernike's latest item in the New York Times and simply have folks take their rips, but a bit of background would be helpful. Zernike (pictured at right) is the Times reporter who seems to have made it her mission to somehow singlehandedly discredit what may when all is said and done come to be seen as the most significant grass-roots…

Newsweek veteran Evan Thomas, who announced a few weeks ago his intention to leave the financially-failing magazine and teach journalism at Princeton, issued a ringing call – in defense of federal spending – for why he hopes Congress and President Obama cannot agree on extending any of the Bush tax cuts, so income tax rates rise next year:God knows the federal government desperately needs that…

I tried to find a nicer way to put it in the headline. But I can't. At the Associated Press, Economics Writer Martin Crutsinger's apparent plug-and-play report less than an hour after the issuance of Uncle Sam's August Monthly Treasury Statement on Monday (his item is time-stamped at 2:56 p.m., which follows the Treasury Department's 2:00 p.m. release by less than an hour) contains three…

CNN's Ali Velshi leaned against extending the Bush tax cuts during a commentary on Tuesday's Newsroom, warning that it "may not be a brilliant idea," and spouted the liberal talking point that tax cuts are a costly matter. Velshi also misleadingly stated that "we have not seen a huge surge in spending."The anchor devoted his regular "XYZ" segment at the end of the 2 pm Eastern hour to the tax…