Economy

"We're all socialists from the day we're born. You know, you don't have to be poor or unemployed to be on Welfare. We're all at the trough. We're all Welfare queens." So said TIME magazine executive editor Michael Duffy on the syndicated Chris Matthews Show Sunday (video follows with transcript and commentary):

Chris Matthews asked a question Sunday that should truly offend people on both sides of the aisle. During the syndicated program bearing his name, Matthews asked his panel, "Has President Obama put himself at political risk if the big cuts do not wreak havoc?" (video follows with transcript and commentary):

Did you know that the mortgage interest deduction was a major contributor to families' distressed circumstances leading to the housing bubble? Or that George W. Bush's (really modest) tax cuts in 2001 and 2003, not the Internet bubble of the late-1990s led the nation from fiscal surplus to deficits? The reason you don't "know" these things is that they're not true. But the Associated Press's…

The Left and their media minions spent a good part of the past two years claiming the rich don't pay their "fair share" of taxes. Not according to the Associated Press which shockingly published a piece Sunday titled "Tax Bills For Rich Families Approach 30-Year High":

Syndicated columnist George Will made a statement on the Laura Ingraham Radio Show Friday that should make people on both sides of the aisle and both ends of Pennsylvania Avenue take notice. "I think the President has at long last so gone over the top in his rhetoric that he’s even losing the mainstream media" (video follows with transcript and commentary):

Congresswoman Maxine Waters (D-Calif.) this week made another in a series of absurd comments actually claiming that 170 million people would lose their jobs if the budget sequester was enacted. NBC Tonight Show host Jay Leno actually began his show with Waters’ claim Friday saying that it explains "why we’re in this situation in the first place" (video follows with transcribed highlights and…

Syndicated columnist Charles Krauthammer on Friday perfectly encapsulated the hysteria the White House is trying to gin up regarding budget sequestration. Appearing on PBS's Inside Washington, Krauthammer spoke of Biblical plagues that re-appeared Friday telling host Gordon Peterson, "We have sequestered against the Lord, Gordo, and his wrath is great" (video follows with transcript and…

  On CNN’s Situation Room today, anchor Wolf Blitzer spoke of the 1995-1996 Federal government shutdown: BLITZER: Yes, I would be shocked if there were a government shutdown. The Republicans lived through that back in the '90s and it didn't exactly work out well for them. I would be shocked if they went down that road and the president went down that road right now. I'm sure they will work that…

Bob Woodward is a legend in modern journalism, especially for fellow liberal reporters. But that all is for naught now that Woodward has committed the cardinal sin of criticizing the White House for an operative's use of what apparently is a fairly common tactic: a harsh bullying of the press in order to demand even more favorable coverage than the Obama-friendly press already lavishes on Team…

Conceivably the best line uttered by a member of the media this week concerning the sequester debate came from Fox News's Neil Cavuto Friday In a Your World discussion about the budget deliberations with Congressman Charlie Rangel (D-N.Y.), Cavuto marvelously said, "It seems that your Party lies a lot."

CNN's White House correspondent asked President Obama on Friday why he couldn't just force Congress to stick around until a deal is reached to prevent the sequester cuts. Obama responded that he wasn't a "dictator." "To your question 'what could you do?' First of all, couldn't you just have them down here and refuse to let them leave the room until you have a deal?" CNN's Jessica Yellin teed…

It’s certainly clear to Jay Leno that the Obama administration is fearmongering the budget sequester. On NBC’s Tonight Show Thursday, Leno played a mock White House ad claiming among other things that if sequestration occurs, “Girl Scouts will be forced to sell meth" (video follows with transcript and commentary):

With the sequester looming, the impending budget cuts have got the left screaming the end of the world is just around the corner. In a blog published on Feb. 27, co-founder, CEO, and Editor-in-Chief Henry Blodget predicted that our economy was “crappy” because of cutting back government spending. He also posed that this was the problem with European countries like Greece and England. The…

"We have two kinds of people in Washington in the press, we have the reporters and the repeaters," NewsBusters senior editor Tim Graham told Fox News's Neil Cavuto on Thursday's edition of his Your World program. "We've had the repeaters all week of panic, you know, big scoops of sequester panic ripple" from the media who were busy parroting fallacious Obama administration talking points. […