Stimulus

The 2011 budget shortfall, which is the responsibility of the previous Congress, is now projected to be $1.65 trillion. If accurate, this means that since the Democrats took over Congress in 2007, we have posted over $5 trillion in deficits.

Former House Majority Leader Dick Armey said Monday that MSNBC's Chris Matthews is slipping out of touch with reality. After reading New York Times columnist Paul Krugman's idiotic piece Friday, I think the same can be said of him:

Civility was in short supply yesterday on "The Dylan Ratigan Show," as the MSNBC anchor after which the show is named used words and phrases such as "moronic" and "dog's ass" to demagogue the GOP's proposal to trim the federal budget. "How can you be serious about cutting spending when your spending proposals are truly a flea on a dog's ass?" howled Ratigan, who went on to demonize…

Do you think you're paying less in federal income taxes than you ever have in your entire life? If you watched Chris Matthews, Ed Schultz, or Cenk Uygur on MSNBC Tuesday, you might believe that (video follows with transcripts and lots of commentary):

Reporting on President Obama's speech to the Chamber of Commerce Monday, MSNBC's Contessa Brewer sloppily labeled the Chamber as "conservative" in narrating the conflict between the business federation and the President. The U.S. Chamber of Commerce, though it may have enjoyed the "conservative" label in the past, has supported major liberal legislation over the past few years in the name of…

The search for ways to rehabilitate the Obama administration in the eyes of the public is seemingly a never-ending enterprise at the Associated Press. Oh, they slip up occasionally. Late last week (covered yesterday at NewsBusters; at BizzyBlog), in an item primarily about how Congress really, really can't stop planned stimulus spending (uh-huh), the wire service's Brett J. Blackledge let…

MSNBC's Ed Schultz began his show Monday railing against American corporations sitting on trillions of dollars of cash while refusing to exhibit "economic patriotism" by using those funds to add to their payrolls. In a demonstration of classic liberal hypocrisy, the host of the "Ed Show" finished his program calling AOL's purchase of the Huffington Post "a big f-in deal" while not once asking…

According to Brett J. Blackledge at the Associated Press, when it comes to unspent stimulus money, cue the MC Hammer ("U Can't Touch This") and go away. In a Friday "analysis" in the wire service's "Spin Meter" category (HT Sweetness & Light), Blackledge, using words which clearly communicate which side he's on, in essence tells those whose goal it is to reduce federal spending to a more…

As NewsBusters previously reported, CNBC's Rick Santelli was very disappointed by Friday's jobs report from the Labor Department showing a surprising decline in the unemployment rate to 9.0 percent. Disappointing is hardly the word I would use for buried inside the numbers was another huge decline in the size of the American labor force that should have economists and government officials…

David Gergen not surprisingly believes that increased federal spending on education - or "investments" as Democrats like to say - is essential irrespective of our nation's current fiscal crisis. On "Anderson Cooper 360" following the President's State of the Union address, former Bush press secretary Ari Fleischer did his darnedest to explain to the CNN senior political analyst that our…

This past summer, I covered a strange new metric popping up in job reports being provided by the Department of Energy; not jobs created or jobs saved, but rather - lives touched. ...(a) GAO report shows that the phrase ‘jobs created’ or ‘jobs saved’ is no longer the term of choice.  They have decided to go with – wait for it – ‘lives touched’.  

The President that expanded the role, scope, and size of the federal government more than all that came before him or since is unquestionably Franklin Delano Roosevelt. Yet on Tuesday, moments after calling Congresswoman Michele Bachmann a "balloon head," MSNBC's Chris Matthews actually said FDR "bailed out capitalism in the '30s" (video follows with transcript and commentary):

For years, Democrats and their media minions have maintained that the economic boom of the '90s was caused by the fiscal policies of President Bill Clinton, in particular his 1993 income tax hike. Appearing on ABC's "This Week" Sunday, New York Times columnist Paul Krugman shockingly said what conservatives have been claiming all along (video follows with transcript and commentary):

Despite virtually all economists and the Chairman of the Federal Reserve finding Friday's unemployment report disappointing, MSNBC's Ed Schultz parroted President Obama's take that the numbers released by the Labor Department were good news. The "Ed Show" host crowed so gleefully about the much-maligned data that he even said it was evidence the 2009 stimulus package worked (video follows…