Budget

The sequestration may have fizzled out as a national crisis, but it's still killing jobs, apparently. Saturday's New York Times lead story by Nelson Schwartz and Binyamin Appelbaum strongly insisted that last Friday's surprisingly good job numbers from the Labor Department are endangered by the 2.4% federal spending cuts known as sequestration, "Jobless Rate Dips to Four-Year Low – 236,000 Jobs…

While you were watching Rand Paul's historic filibuster and the debate surrounding budget sequestration, an economic theory battle was waging between two of the nation's foremost liberal economists Paul Krugman and Jeffrey Sachs. In his most recent salvo published at the Huffington Post Saturday, Sachs spoke heresy to Obama-lovers across the fruited plain including Krugman claiming that…

Charles Krauthammer credited President Obama’s charm offensive toward Republicans to his losing the news media which couldn’t any longer abide his ridiculous sequester “cut” exaggerations. “Obama’s strongest constituency, which is not the left, it’s the mainstream media, could no longer cover for him without being entirely embarrassed,” Krauthammer observed Friday night on FNC, “It had to…

One has to hope that Mr. Jack Crawford of Silver Spring, Md., is pulling some sort of prank on the Washington Post -- as Rush Limbaugh would say demonstrating absurdity by being absurd -- because if he's serious, his 42-word March 9 letter-to-the-editor is the most overwrought missive I've ever read in a serious major newspaper. Published along with two other letters about the Post's "Hyping…

With all the talk of sequstration and its supposed "austerity on autopilot" (as characterized at Voice of America -- your tax dollars at work against you), it's useful to look at what has really been happening with federal spending over the past six years, something the establishment press is very reluctant to do. On Thursday, the Congressional Budget Office released its February Monthly…

The Broadway musical "Annie" is enjoying another revival on Broadway. The show opened during the Carter administration when America was in need of some optimism. "The sun'll come out tomorrow," sang Annie, and with the election of Ronald Reagan in 1980, for a while, it did. Now we're back in "Hooverville," the name given to shanty towns that popped up during the Great Depression. It isn't…

The liberal media should have reported President Obama's Chicken Little sky-is-falling claims about the sequester, but "with clear skepticism" instead of mindlessly parroting them, NewsBusters publisher Brent Bozell told Fox News's Sean Hannity on the March 7 edition of his eponymous program.  "They should have gone to the American people and in effect said, this man is lying," but instead, "…

UPDATE AT END OF POST: Hannity and Bolling issue comment. The Obama administration announced Tuesday that it's canceling public tours of the White House beginning this weekend due to budget sequestration. On Thursday, Fox News hosts Eric Bolling and Sean Hannity each offered to pay for one week's worth of tours to keep the White House open to the public.

In the fortnight leading up to the sequester, the broadcast networks ABC, CBS, and NBC wrung their hands about "all the catastrophes that would happen if these cuts went through," NewsBusters senior editor Rich Noyes noted on the March 7 edition of Fox Business Network's Varney & Co. Since, then, however, "they've spent no time asking how is the White House going to decide where these cuts…

Barack Obama’s strategy going into the scheduled sequestration was to hit the panic button, over and over again, putting the very Obama-friendly media into a heavy rotation of disaster metaphors. “Hours, now, until massive government cuts go into effect that could impact every American. Jobs vaporizing, flights delayed, even criminals walking free,” warned ABC morning anchor Josh Elliott. On…

Liberal PBS host Tavis Smiley recently became the latest media member to refer to the $85 billion sequester as “austerity.” On his self-titled show Tuesday night, the taxpayer-subsidized Smiley got all frowny while discussing the American economy with former FDIC chairwoman Sheila Bair: "Since you raised the issue, let me ask how it is, in your mind at least, the notion of austerity, and…

President Obama's sequester-related press briefing on March 1 contained the usual fibs. Examples include but are certainly not limited to the following: "We've already cut $2.5 trillion in our deficit," when the entire amount involved is something which might happen in the future; his claim that his State of the Union laundry list "is the agenda that the American people voted for," when many of…

Are bitter conservatives "clinging" to spending cuts? That's the tone of New York Times political editor Richard Stevenson's front-page "Political Memo" Monday, "G.O.P. Clings to One Thing It Agrees On: Spending Cuts," which contained a whopping 13 "conservative" labels (and a couple of "liberals" as well). Conservative governors are signing on to provisions of what they once derisively…

In an interview with left-wing MSNBC host Rachel Maddow on Tuesday's NBC Today, co-host Savannah Guthrie used dire language to describe the current budget sequester: "It was supposed to be something that forced both sides to the table, mutually assured destruction. Cuts that were so bad they would never go into effect. Here we are in the sequester era. How does this end?" [Listen to the audio…