Dylan Ratigan: 'Republican Rhetoric Based in Abandonment of Arithmetic
If you had any questions as to why Dylan Ratigan belongs on MSNBC rather than CNBC they were all answered Friday night.
Appearing on HBO's "Real Time," Ratigan presented himself as a far-left commentator telling the audience of devout liberals, "This entire rhetoric machine from the Republican Party is predicated on an abandonment of arithmetic and fact" (video follows with transcript and…
Press Ignorance of Stimulus Job-Loss Study Leads to Ridiculous Asserti
Earlier today, NB's Tim Graham noted that the establishment press has given the silent treatment to a study by Timothy Conley of the University of Western Ontario and Bill Dupor of Ohio State University showing that the stimulus plan passed in February 2009 was a major net economic loser. In the first paragraph of the study, the authors revealed their core estimate that the American Recovery…
Liberal Media Skip Study That Found Stimulus 'Forestalled or Destroyed
On the front page of Wednesday’s Investor’s Business Daily, reporter David Hogberg reported that a new study found President Obama’s “stimulus” plan “may have destroyed or forestalled employment, including more than 1 million private-sector jobs.”
Destroyed or forestalled? Our media only cites studies which estimate the number of jobs Team Obama “saved or created.” Economists Timothy Conley…
Krugman: Republicans Are Holding America Hostage
When an admittedly liberal Nobel laureate in economics thinks trying to balance the budget is holding America hostage, one has to wonder if there are any adults remaining on the left side of the aisle.
Consider what New York Times columnist Paul Krugman wrote Monday:
Chris Matthews Asks Ron Reagan 'Did Your Father Really Believe Cutting
Chris Matthews Wednesday actually asked Ron Reagan, "Did [your father] really believe if you lowered the tax rates the government made more money?"
Frankly, I'm not sure which was more absurd - the question or the answer (video follows with transcript and commentary):
Krugman Lies and Distorts History to Blame Recession and Budget Defici
New York Times columnist Paul Krugman Monday wrote another in a series of factually dishonest pieces about budget deficits and what he likes to call 'the Great Recession."
In his "The Unwisdom of Elites," the unabashed liberal made numerous falsehoods and omissions to blame our current economic and budget woes exclusively on George W. Bush and "small groups of influential people":
Grim Milestone: Per CBO, Feb.-April Spending Will Top $1 Trillion; Wil
Early each month, the Congressional Budget Office (CBO) issues its "Monthly Budget Review." Its purpose is to estimate and comment on the federal government's budget results for the previous month a few days before the Treasury reports its official results.
CBO's most recent review, issued on Friday (2-page PDF), estimates that Uncle Sam's outlays during April amounted to $330 billion. If…
April Unemployment Back Up to 9%; 27th Month Above
The April jobs report showed 244,000 job gains, “surprisingly strong” numbers according to the Kansas City Star. Many national news outlets reported that jobs number as well as the rise in unemployment rate back to 9 percent in their headlines immediately reacting to the news.
CNBC initially suggested that the unemployment rate “ticked” up because of higher participation in the labor force,…
CNN's Holmes: More Divorces Are 'a Sign That the Economy Is Getting Be
Economic growth in the first quarter was an abysmal 1.8 percent. Last week, initial jobless claims increased by 25,000 from the previous week, up to 429,000. The Federal government borrows $188 million an hour, or over $52,000 a second, just to keep up with President Obama's spending demands. Despite almost a trillion dollars for Obama's and the Democratic Congress's stimulus, unemployment…
Krugman Endorses Congressional Progressive Caucus's Radical Tax-Hiking
If you had any questions about just how far to the left New York Times columnist Paul Krugman is, they were answered Monday when he expressed enthusiastic support for the Congressional Progressive Caucus's radical tax-hiking "People's Budget."
In his "Let's Take a Hike," the Nobel laureate left no doubt about his desire to swiftly redistribute America's wealth with little regard for the…
Ed Schultz Again Calls Republicans Liars Before Lying Himself
For the second night in a row Tuesday, MSNBC's Ed Schultz called Republicans liars.
Also for the second night in a row, he did so moments before lying himself (video follows with transcript and commentary):
ABC's 'This Week': Obama Isn't Drinking Tea Party's Tax Cut Kool-Aid
As NewsBusters previously reported, ABC's "This Week" invited on a number of Tea Party Congressman Sunday to discuss the budget debate going on in Washington.
Just before that segment, ABC's John Donvan did a brief report that concluded with him insinuating that this conservative movement is drinking tax cut Kool-Aid and President Obama is having none of it (video follows with transcript and…
Chris Matthews: 'Why Is Taxing The Rich So Hard
As NewsBusters has been reporting, since President Obama once again proposed letting the Bush tax cuts expire for the highest earning Americans, the media have been supporting it almost 24 hours a day.
Doing his part this weekend was Chris Matthews who after the introduction of the syndicated program bearing his name actually began the show, "Why is taxing the rich so hard?" (video follows…
