Deficits, Promises and Destiny
In about a month, the Republican majority on the House Budget Committee will present its concurrent budget resolution for fiscal year 2012, which by law will include their proposed 2012 annual budget and their projection of the budgets (spending, revenues and the resulting deficit, surplus or balance) for the following nine years.
It may not be overstatement to assert that this presentation…
Fighting Spending Cuts in Ohio, NY Times Focuses on Union Jobs, Not
The New York Times versus state spending cuts. Reporter Sabrina Tavernise went to the downtrodden town of Gallipollis, Ohio, and collected a grab bag of sympathetic liberal anecdotes about government workers threatened by a bill that would restrict public-sector unions, for Wednesday’s “Ohio Town Sees Public Job As Only Route To Middle Class.”
Tavernise focused solely on the plight of low-…
NPR's Michele Norris Wonders if U.S. Can 'Afford' a Job-Creating Tax H
NPR's Michele Norris expressed the liberal skepticism of any tax incentive to spur job growth on Tuesday's All Things Considered during an interview of Intel CEO Paul Otellini. Otellini proposed a tax holiday for any company that built a new factory in the U.S. Norris replied, "Can this country afford that right now?"
The host asked the CEO about job creation near the end of her interview.…
Omitted Fact From AP Story on Newspaper Revenues: 2010 Online Ad $ Les
No one can fairly accuse whoever wrote the Tuesday evening report on 2010 newspaper industry revenue of looking through rose-colored glasses. The same cannot be said of John F. Sturm, President and CEO of the Newspaper Association of America, whose press release today reads as follows:
Quarter after quarter, newspaper advertising has shown signs of a continued turnaround and an essential…
How Long Will the AP and the Establishment Press Downplay Consumer Cza
You begin to get an idea of how poorly served the news-consuming public is by the Associated Press when you compare its "reporting" on Obama czar Elizabeth Warren's appearance tomorrow before the House Financial Services Committee to an information-packed editorial -- yes, an editorial -- in the Wall Street Journal this morning.
You can read all of the over 750 words in the unbylined AP…
Skittish GOP's Self-fulfilling Prophecy
Why is it that despite the Republicans' resounding electoral victory in 2010 based on their promises for real change, many of us have a queasy feeling they're not quite measuring up to the task, even in the climate of Democratic infighting and President Obama's weaknesses?
The Hill reports that there is developing dissension between Obama and Senate Democrats, whose respective "political…
Liberals Rip CNBC Host Lawrence Kudlow's Japanese Quake Comments
CNBC's Lawrence Kudlow on Friday made a stock market comment about the earthquake and resulting tsunamis in Japan that have liberal media members hyperventilating.
Before we get to the response, here's what Kudlow said (video follows with partial transcript and commentary):
Chuck Todd Bashes Mitch Daniels for Indiana Having Same Unemployment R
Chuck Todd on Sunday bashed Republican governor Mitch Daniels for his state having a 9.1 percent unemployment rate.
The substitute host of NBC's "Meet the Press" must not be aware that this is lower than most of Indiana's neighbors and is basically the same as the national rate (video follows with transcript and commentary):
Freudian Slip: Chris Matthews Calls Obama 'President Carter
With civil unrest breaking out all over the Middle East and Africa sending oil and gas prices through the roof, one could make the case that Barack Obama more and more is looking like Jimmy Carter.
On this weekend's "Chris Matthews Show," the liberal host made it seem that this is even on his mind as he made a rather telling slip of the tongue (video follows with transcript and commentary):
Regarding the Truth About Social Security, Krauthammer Reports; Jack L
Yesterday, Washington Post syndicated columnist Charles Krauthammer performed an act of journalism that anyone in the establishment press could have done -- and didn't -- for 17 days.
Krauthammer did a masterful job of taking apart Obama White House Office of Management and Budget Director Jacob ("Jack") Lew's ridiculous February 21 defense of Social Security and its alleged irrelevance to…
High Energy Prices Are Obama's 'Explicit Policy Goal,' Inhofe Says
A prominent GOP senator on energy issues accused President Barack Obama Thursday morning of having set an “explicit policy goal” of making energy prices more costly for Americans.
“My message today is simply this: higher gas prices - indeed, higher prices for the energy we use - are an explicit policy goal of the Obama administration,” said Sen. James Inhofe (R-Okla), ranking member of the…
Paul Krugman: America's Not Broke - We Can Still Borrow Money
If banks and credit card companies are willing to lend you money, does that mean you're not broke?
According to Nobel laureate Paul Krugman, America is doing just fine financially because we're having no problem borrowing money:
Reporting on Record One-Month Deficit, AP's Crutsinger Blames 'Lower
This afternoon's report by the Associated Press's Martin Crutsinger on the government's February Monthly Treasury Statement, which shows the highest single-month deficit in U.S. history, has more spin in it than the complete library of this group's songs.
A complete rundown would take more space than readers could stand, so let's just concentrate on two paragraphs. Here's the first:
The…
CNN's Kosik: Jobless Claims Jump 'Really Just Shows That People Still
Hope springs eternal at CNN, at least some of the time. Sure, the massively expensive Obama stimulus was a miserable flop. And extending unemployment benefits worked to extend periods of unemployment, as numerous studies have shown. Government jobs programs have failed for decades.
No matter. According to business correspondent Alison Kosik on CNN Newsroom today, a jump in jobless claims…
