Stimulus
Paul Ryan Strikes Back at 'Intellectually Lazy' Paul Krugman
August 10th, 2010 10:26 AM
Republican Congressman Paul Ryan of Wisconsin has struck back at Paul Krugman calling the New York Times columnist "intellectually lazy."As NewsBusters reported Saturday, Krugman wrote an article the previous day castigating Ryan as "The Flimflam Man" calling the Congressman a "charlatan" and a "fraud" while claiming his "Roadmap" to balance the nation's budget was "drenched in flimflam sauce…
Arianna Huffington Displays Staggering Ignorance of Business, Taxes an
August 10th, 2010 1:10 AM
Liberal publisher Arianna Huffington on Monday displayed an absolutely staggering ignorance of business, taxes, and economics.Appearing on MSNBC's "Countdown" to discuss Republican plans to stimulate the economy and curb the exploding budget deficits, Huffington was sarcastically asked by Keith Olbermann, "Does Huffington Post hire more people when your personal tax rate changes?"Realizing the…
David Gregory Badgers Boehner About 'Paying For' Tax Cuts
August 9th, 2010 4:14 PM
As media make their case to the American people that the Bush tax cuts should expire, one of the strategies being employed is to claim that Republicans are refusing to "pay for" their extension.A perfect example of this tactic was seen on Sunday's "Meet the Press" when host David Gregory badgered House Minority Leader John Boehner (R-Oh.) on this subject for over three minutes.After playing a…
'Recovery Summer' vs. 'Mission Accomplished': Will MSM Immortalize Oba
August 9th, 2010 3:37 PM
For the media, "Mission Accomplished" represents everything that was wrong with the George W. Bush administration and its war policy. The image of Bush declaring unequivocal victory mere weeks after the invasion of Iraq has been ballyhooed as a visual representation of Bush's arrogance, naivete, even dishonesty (the media contrived most of this meme - more on that below).Will Barack Obama have a…
WaPo Wonders: How Can You Spend a Trillion Dollars with 'Tangible Resu
August 8th, 2010 7:41 AM
The front page of Saturday's Washington Post carried an article by Shailagh Murray from Ohio's 13th congressional district, just west of Cleveland. The dominant theme was two-term Rep. Betty Sutton's whining that her GOP opponent Ted Ganley, a car dealer, benefited from Cash for Clunkers but now bashes it. The Post wondered about why Democrats get so little credit for the "stimulus," and Murray's…
More Unexpected Economic News, But Only If You’re an Economist in D
August 5th, 2010 5:30 PM
Bad economic news just keeps piling up. Today, the news about jobless claims from the AP:Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers.The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had…
ABC Highlights Stimulus Waste: Funding Cocaine for Monkeys; Will Other
August 3rd, 2010 1:05 PM
Good Morning America's Jon Karl on Tuesday highlighted a new report by two Republican senators on extreme examples of waste in the stimulus bill. Karl rattled off some eye catching data: "$71,000 for researchers at Wake Forest University to see how monkeys react under the influence of cocaine." The ABC journalist informed viewers that Senators John McCain and Tom Coburn released their new report…
George Will Rips Paul Krugman's Call for Even More Stimulus Spending
August 1st, 2010 4:24 PM
George Will and Paul Krugman had another showdown about fiscal policy on Sunday, and the ABC contributor made it crystal clear to viewers that he doesn't agree with the perilously liberal New York Times columnist.As the Roundtable segment of "This Week" moved to a discussion of whether more economic stimulus is needed versus deficit reduction, Krugman made his predictable request for the former.…
PBS Cites Piece Hitting Obama from Left as Evidence of No Liberal Slan
July 31st, 2010 11:22 PM
PBS recently responded to accusations of a liberal slant to its July 23 Need to Know program which featured satirist Andy Borowitz making fun of Sarah Palin’s intelligence as the show's executive director Shelley Lewis claimed that, because the previous week's episode had featured a segment that was critical of President Obama, the program in reality has been balanced in going after political…
Free Enterprise - Not Government Oversight - Key to GM Turnaround, Say
July 29th, 2010 1:02 PM
Free enterprise and the American marketplace – not the guiding hand of government – have revitalized the beleaguered automaker General Motors, which expects to announce another profitable quarter, according to GM officials. President Barack Obama plans to visit a GM plant in Hamtramk, Michigan on July 30, and his administration is linking GM’s return to profitability with the bailout of the…
Paul Ryan Schools Chris Matthews on Tax Hikes, Budgets and Economics
July 26th, 2010 9:45 PM
Chris Matthews on Monday got a much-needed lesson from Rep. Paul Ryan (R-Wisc.) on how tax hikes impact the budget as well as the economy."Congressman Ryan, is there any tax role for reducing our $1.4 trillion to $1.7 trillion debt this year -- deficit this year?" Matthews asked during the 5PM installment of MSNBC's "Hardball." "Is there any role in tax increasing to help do that job?"When Ryan…
AP Touts Stimulus in German Recovery, Ignores Tax Cuts
July 21st, 2010 12:11 PM
If it worked for Germany, it should work for the United States, right? In a July 21 story, AP writer Geir Moulson praised government stimulus for helping Germany "bounce back" from the recession. Moulson highlighted two government stimulus packages totaling $104 billion and a government-sponsored program that cut back workers' hours instead of laying them off as reasons for Germany's endurance…
Newsweek's Clift: U.S. Won't Face Greek Debt Tragedy 'Because We Can P
July 19th, 2010 10:11 AM
We all probably knew the sentiment of the American left for just not getting the entire Tea Party movement concept, but this statement ought to cement that notion. On the July 18 broadcast of "The McLaughlin Group," host John McLaughlin asked his panelists what the long-term implications of national debt could be for the United States. "Is America in danger of the current debt crisis becoming…