Social Security

If President Barack Obama is losing Al Hunt, there is definitely trouble in Lefty-land. But let's not go too far. In the midst of leveling criticisms at Obama as "bordering on incompetence," the former host of CNN's Capital Gang and executive editor at Bloomberg News, who is now a Bloomberg View columnist and host of a Bloomberg TV's Political Capital Sunday news show, cited three examples of…

Potentially the most dishonest aspect of the Obama-loving media's reporting since January 20, 2009, pertains to how they've almost totally ignored how poorly the economy is performing. On Tuesday, Michael T. Snyder, author of the gloom and doom book "The Beginning of the End," wrote a fabulous piece titled "33 Shocking Facts Which Show How Badly The Economy Has Tanked Since Obama Became…

Ed Schultz took a dive off the deep end on Saturday’s The Ed Show, claiming that Social Security is a “cheap” program that “has never contributed one penny to the deficit.” The bombastic MSNBC host also blasted Republicans who support partially privatizing Social Security, arguing those lawmakers just want to “get their hands on the money.” Schultz echoed similar arguments made by Rep. Mark…

Whatever they're paying Teresa Ghilarducci, who is "the Bernard L. and Irene Schwartz chair of economic policy analysis at the New School for Social Research," it's too much. The bolded sentences seen after the jump which Ms. Ghilarducci included in a Friday New York Times op-ed (HT "Mungowitz" at the "Kids Prefer Cheese" blog via Megan McArdle) makes my contention an open and shut case (…

Before the government released its first estimate of first-quarter economic growth in late April, the establishment press, particularly Bloomberg News and the Associated Press, salivated at the chance to report the then-predicted "robust" annualized growth of 3 percent and to describe how the economy had "accelerated" from the previous quarter's pathetic 0.4 percent. When that first estimate…

On Monday's All In show, MSNBC host Chris Hayes complained about Republicans trying to increase the number of border agents and to bar illegal immigrants from collecting Social Security benefits based on taxes they've paid into the system. After recounting the time when he worked with several illegal immigrants in a bakery who paid Social Security taxes, and the efforts by Republicans to…

Jonathan Alter showed up on PBS’s Charlie Rose Wednesday to promote the new book in which he celebrates Barack Obama’s 2012 reelection. The Bloomberg columnist doesn’t seem to understand the irony of his book’s title – The Center Holds. He really does believe President Obama is a centrist, and he attempted to explain the title from the comfort of Rose’s dark studio: “So the reason I call the…

Showing how difficult it is to make the smallest reductions in federal spending, New York Times personal finance reporter Tara Siegel Bernard's latest "Your Money" column criticized, as hurting the old and poor, a proposed change in how inflation is calculated that would slightly curb the annual increases in entitlement spending. The proposal is generally supported by conservatives and reviled…

I guess Byron Tau thought he had to make it look like Big Labor is really, really mad at President Barack Obama and the White House so he could make Obama look like he's a moderate on economic and fiscal issues. Thus his Sunday morning post's headline: "Labor targets Obama over proposed benefit cuts." Of course, they aren't "cuts" at all, though they are being portrayed as such. All Obama has…

Senate Democrats on Saturday narrowly passed their first budget in four years. Appearing on PBS's Inside Washington Friday before the vote, syndicated columnist Charles Krauthammer called it "the most appalling document you have ever seen" claiming, "It marches us off a cliff into Greece and perhaps into Cyprus" (video follows with transcript and absolutely no need for additional commentary):

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…

As NewsBusters reported earlier, New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had quite a heated discussion about the budget, debt, and the economy on PBS's Charlie Rose Monday evening. Near its conclusion, Scarborough actually scolded Krugman for pompously behaving like a sighing Al Gore (video follows with transcript and commentary):

New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had an at times heated discussion about budget deficits, debt, and the economy on PBS's Charlie Rose Monday evening. At one point Krugman got so rattled by the facts that he actually said Scarborough quoting what he had said in the past was making an ad hominem attack against him (video follows with transcript and commentary):

For conservatives, it's been truly delicious the past few weeks watching previously devote Obamaites break ranks with their colleagues to finally tell the world that the emperor has no clothes. A fine example Monday was the perilously liberal economist and media darling Jeffrey Sachs who published an article at the Huffington Post with the headline "How Obama's Politics Led to Sequestration":