Recession
E.J. Dionne: 'Tax Cuts Add to the Deficit No Less Than Spending Increa
January 3rd, 2011 9:51 AM
What kind of an idiot must you be to believe that tax cuts have an equal dollar for dollar negative impact on a government budget as spending increases do?
The most obvious answer given the charge of this website is a liberal media member, and the Washington Post's E.J. Dionne nicely proved this point with his column Monday:
NYT: There's No Way to Reduce Deficit and Grow Economy Without Raising
January 2nd, 2011 8:53 AM
Despite the bipartisan tax cuts orchestrated by the White House and Congress - and heralded by most Wall Street analysts! - in December, calls for tax hikes by liberal news outlets will be prevalent in the new year.
Confirming this was the New York Times on Sunday pounding this drum with predictable certitude in an editorial simply titled "The Economy in 2011":
CBS’s Orr Warns Tea Party ‘Hard Line’ to End ‘Collaborative Sp
January 2nd, 2011 1:40 AM
On Saturday’s CBS Evening News, correspondent Bob Orr filed a report on the incoming Republican congressional freshmen, and, after noting that Rep.-elect Allen West was taking a "hard line" on federal spending, and after showing a clip of the Florida Republican raising doubts about compromising "your principles," the CBS correspondent used the cliche "partisan bickering" as he warned that such…
Paul Gigot: 'I Love the Symbolism of Two Dem Presidents Endorsing Bush
December 12th, 2010 9:18 PM
The award for Best Line of the Weekend goes to Wall Street Journal editorial page editor Paul Gigot who on Sunday's "Meet the Press" offered a delicious irony concerning Friday's surprise press conference hosted by Barack Obama and Bill Clinton.
"I love the symbolism of two Democratic presidents--not one, but two--endorsing Bush tax cuts, saying, 'We need them crucially to help the economy' (…
Robert Reich Wrongly Claims Bill Clinton Inherited a Recession
December 11th, 2010 5:54 PM
The staggering ignorance and/or blatant dishonesty of liberal economic commentators never ceases to amaze me.
Consider the following item from former Clinton labor secretary Robert Reich published at the Huffington Post moments ago (picture courtesy Life magazine):
Krauthammer on Obama's Televised Tax Announcement: He Was Addressing D
December 6th, 2010 8:25 PM
Charles Krauthammer on Monday said that when Barack Obama spoke to the nation hours ago to announce a tax extension compromise just reached with Republicans, "It was actually a speech addressed at Daily Kos, the New York Times, and MoveOn."
In Krauthammer's view expressed on Fox's "Special Report," "This was a speech aimed at appeasing the Left which is extremely angry over this" (video…
ABC’s Muir and Klein Fret Tax Agreement Will Make Deficit ‘Even Wo
December 5th, 2010 8:48 PM
During a discussion of the agreement to prevent tax rates from increasing in January, on ABC’s World News Sunday, anchor David Muir and ABC’s senior Washington correspondent Rick Klein fretted that the federal budget deficit would increase - against the wishes of the voters - as a result of both the blocking of a tax increase and the extension of unemployment benefits. But neither acknowledged…
Google Highlights Upbeat Job Market Article as Unemployment Rate Rises
December 3rd, 2010 11:42 AM
Shortly after the Labor Department announced a very disappointing jump in the unemployment rate to 9.8 percent, Google News featured as its top story an Associated Press article published Thursday predicting "the tight job market may be easing at last."
Here's a screen cap of Google News from about an hour ago:
Tom Friedman: Tea Party is Wrong - Americans Want Higher Taxes and Mor
November 28th, 2010 10:29 AM
There are times when one has to think the Manhattan building that is the home of the New York Times doesn't have any windows, doesn't have any television sets, and doesn't have any doors that allow employees to venture out and actually see what's happening in America beyond the walls of 620 Eighth Avenue.
Consider that after the impact the Tea Party has had on our nation's politics the past…
Krugman: GOP Only Opposes Fed Easing Because Bad Economy Hurts Obama
November 19th, 2010 5:50 PM
New York Times columnist Paul Krugman on Friday said the reason so many Republicans are opposed to the Federal Reserve's new monetary stimulus scheme of quantitative easing is because they really want the economy to stay weak in order to harm President Obama.
Readers are advised to strap themselves in tightly in preparation for the paranoid lunacy on display:
SNL Compliments Glenn Beck: 'He Was Right About Buying Gold
November 14th, 2010 9:33 AM
Glenn Beck has been a favorite punching bag for liberal media members since he moved from HLN to Fox News and started getting huge ratings.
The folks at NBC's "Saturday Night Live" have also been on this Beck bashing bandwagon, which made the following sequence during Saturday's opening sketch rather surprising (video follows with transcript and commentary):
NYT: States Must Raise Taxes To Balance Budgets
November 10th, 2010 10:09 AM
Despite 9.6 percent unemployment nationally, with some areas of the country suffering far worse than that, the New York Times editorial board believes state governments must raise taxes to balance their budgets:
Bill Press Falsely Claims Obama Created More Jobs in 20 Months Than Bu
November 7th, 2010 5:54 PM
Bill Press this weekend said Barack Obama has created more jobs in the past 20 months than George W. Bush did in his entire eight years in office.
As readers will see from the actual data compiled by the Bureau of Labor Statistics, Press's comments made on the "McLaughlin Group" were so false it's laughable (video follows with transcript and commentary):
Bill Press on Midterms: 'The Voters Have Spoken. What a Bunch of Idiot
November 4th, 2010 4:15 PM
Bill Press says what most liberals in the media will only shroud in cryptic code: the voters who swept Democrats out of power in the House are stupid.
During the first hour of his eponymous radio program today, Press wished more liberal politicians would just say what they really think about the constituents they ostensibly serve: "Just once – probably never get reelected if you ever said it…