Recession

George Will and Donna Brazile had a telling exchange on ABC's "This Week" Sunday. After Will listed all the excuses President Obama makes for the poor economy, Brazile said, "I thought you were going to mention media" leading Will to smartly retort, "They're not his problem" (video follows with transcript and commentary):

Republican presidential candidates are meeting too many businessmen in their travels and too few unemployed folks or working-class wage earners, at least in the eyes of the Washington Post. Post staffer Philip Rucker lamented in his 23-paragraph August 25 story that in a recent "50-minute session" with voters in New Hampshire that former Gov. Mitt Romney (R-Mass.) -- who "is campaigning to be…

It often amazes that liberals in this country revere New York Times columnist Paul Krugman as being an expert economist. Take for example Friday's intellectually challenged piece entitled "Bernanke's Perry Problem" in which the Nobel laureate accused prominent Republicans such as the Texas governor and Wisconsin Congressman Paul Ryan of preventing the Federal Reserve chairman from enacting…

As NewsBusters reported, America's media last week gushed and fawned over billionaire Warren Buffett's call for higher taxes on the rich. On Monday, Harvey Golub, the former CEO of American Express, responded to the Oracle of Omaha in a Wall Street Journal op-ed that reveals a side of this tax story media refuse to share with the American people:

Economist Ben Stein had some harsh words for Republican presidential candidate Rick Perry on "CBS Sunday Morning." Responding to comments the Texas governor made earlier in the week concerning Federal Reserve Chairman Ben Bernanke, Stein said, "I hope he'll get some moderation in his speech, and some lessons in economics, and soon" (video follows with transcript and commentary):

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…

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…

Establishment press reporters will insist from now until the cows come home that they play it straight. Their actions all too often belie their claims. One such face-hitting example came yesterday in Associated Press reporter Chris Rugaber's coverage of the government's Regional and State Employment and Unemployment report. If it weren't already given away in this post's title, veteran media…

Stock markets around the world are once again imploding in fear of a global double-dip recession. Appearing on PBS's "Inside Washington" Friday, NPR's Nina Totenberg said Barack Obama can cure what ails us with "a lot of very populist rhetoric" (video follows with transcript and commentary):

Unemployment is at 9.1 percent, housing and stock prices are plummeting, national debt is exploding, and Medicare is going bankrupt. Yet MSNBC anchor Chris Matthews' greatest fear is a president that doesn't believe in evolution or climate change (video follows with transcript and commentary):

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'…

As NewsBusters has been reporting, the Obama-loving media are working overtime examining the records of every GOP candidate for president. "The bright side though is," conservative author Ann Coulter told Fox News's Sean Hannity Wednesday, "we don't end up with a Republican president who is suddenly having an affair with an intern, or a Republican president who votes present for his entire…

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…

The Christian Science Monitor appears to have a problem monitoring its bloggers. Even though it asserts that its "diverse group of the best economy-related bloggers out there ... (have) responsibility for the content of their blogs," the largely respected CSM should understand that Jared Bernstein has just embarrassed it bigtime. To its credit, CSM describes Bernstein, currently a senior…