Krugman: Obama's Deficit Reduction Plan 'Really Serious'; Ryan's Is 'A
It certainly isn't a surprise that Nobel laureate Paul Krugman was far more pleased with the deficit reduction plan proposed by Barack Obama this week than the one unveiled by Rep. Paul Ryan (R-Wisc.) last week.
In Friday's New York Times column "Who's Serious Now?" the unabashed liberal declared the President's proposal "really serious" and the Congressman's "a sick joke":
Lawrence O'Donnell: Americans Aren't Rugged Individualists - They're S
Last November, MSNBC's Lawrence O'Donnell proudly declared himself a socialist on national television.
On Wednesday, "The Last Word" host took this a huge step further saying the whole idea that Americans are rugged individualists is an illusion because they're all really socialists (video follows with transcript and commentary):
In Reports on March Deficit, Wire Services 'Forget' to Tell Readers Sp
In a business that is supposed to treat record achievements, dubious or otherwise, as news, it's more than a little curious to note that the Associated Press's Martin Crutsinger, along with Reuters and AFP, all "somehow" forgot to tell readers that March's reported federal outlays, as seen in the Monthly Treasury Statement released today, came in at an all-time record of $339.047 billion, and…
Krugman Bashes Obama: 'Who is This Bland Timid Guy Who Doesn’t Stand
On the same day a new poll found only 37 percent of liberals strongly approve of Barack Obama's performance as president, the New York Times's Paul Krugman bashed America's chief executive for being missing in action.
"What have they done with President Obama?" asked the Nobel Laureate. "Who is this bland, timid guy who doesn’t seem to stand for anything in particular":
Debunking Debt and Deficit Myths
Veronique de Rugy is an economist you should get to know, for she is doing fabulous work at George Mason's Mercatus Center.
On Friday, she appeared on Bloomberg TV to debunk some myths about debt and deficits while publishing an accompanying must-read piece at Reason (video follows):
Krugman: 'All This Stuff About Uncertainty is a Myth Made Up to Blame
New York Times columnist Paul Krugman was in his predictable defend Obama at all costs mode on Sunday's "This Week."
When former Bush administration official Torie Clarke said unemployment remains high because the private sector is concerned about future regulations, the Nobel Laureate scoffed, "All of this stuff about uncertainty is just a myth being made up to blame this on Obama" (video…
Krauthammer Mocks 'Inside Washington' Host's Claim Tea Party Wants 'Bi
A consistent media meme in the past few months has been that Republicans are asking for Draconian cuts to the federal budget.
On Friday's "Inside Washington," Charles Krauthammer didn't let the host get away with furthering this nonsense (video follows with transcript and commentary):
MSNBC's Mitchell Fears Not Raising Debt Ceiling Would 'Stop the Recove
On her eponymous program today, MSNBC's Andrea Mitchell carried water for the Obama administration, warning viewers that not raising the debt ceiling would result in a "crisis" that would "stop the recovery."
Interviewing Politico's Roger Simon, the NBC News chief foreign affairs correspondent argued that Republican opposition to empowering the federal government to borrow beyond its $14.3…
Reich Touts FDR's Mid-1930s Depression-Era Growth; He and the Press Ig
Former Clinton Labor Secretary Robert Reich, in a column appearing at Business Insider, says that we're heading in the direction of a "double-dip" -- and though he doesn't follow it with the word "recession," it's obvious he's not talking about an ice-cream cone. It's also obvious that he's less than pleased with the media spin that things are really okay.
Along the way, Reich had to go back…
Chris Matthews and Robert Reich Ironically Discuss 'Republican Lies Ab
Former Clinton labor secretary Robert Reich wrote a truly nonsensical piece for the Huffington Post Tuesday ironically called "The Republicans' Big Lies About Jobs."
MSNBC's Chris Matthews must have loved this tripe and its sophomoric title for he invited the Berkeley professor on Wednesday's "Hardball" so that the pair could put on a clinic in liberal economic fantasy (video follows with…
CNN's Kosik: Jobless Claims Jump 'Really Just Shows That People Still
Hope springs eternal at CNN, at least some of the time. Sure, the massively expensive Obama stimulus was a miserable flop. And extending unemployment benefits worked to extend periods of unemployment, as numerous studies have shown. Government jobs programs have failed for decades.
No matter. According to business correspondent Alison Kosik on CNN Newsroom today, a jump in jobless claims…
Martin Bashir and Bernie Sanders Agree: Hike Taxes on Wealthy and Oil
MSNBC's Martin Bashir has only been on the job for a few days, but the newly-minted anchor is already letting his liberal flag fly.
On his eponymous program today, Bashir was dumbfounded as to why Congress is reluctant to hike taxes on the rich and end tax deductions for oil companies.
"Why won't Congress simply do what the people want?" lamented Bashir, interviewing Sen. Bernie Sanders (I-…
Krauthammer Rips Krugman's Claim Republicans Are Stealing Food From Ba
New York Times columnist Paul Krugman on Friday made the idiotic claim that House Republicans are stealing food from babies and pregnant women.
Later that evening, appearing on PBS's "Inside Washington," syndicated columnist Charles Krauthammer demonstrated just how foolish Krugman's assertion was (video follows with transcript and commentary):
High-Speed Rail: Gift Horse or White Elephant
Florida Gov. Rick Scott (R) "slaughter[ed]" the "gift horse" of a federal grant for a Tampa-to-Orlando high-speed rail project, Time magazine's Michael Grunwald complained a few days ago.
Grunwald isn't alone among liberal journalists who believe high-speed rail to be a no-brainer, a sure-fire "investment" in economic growth.
But is it really, especially when that money could be plugged…
