By Ken Shepherd | March 20, 2012 | 4:51 PM EDT

Today Rep. Paul Ryan (R-Wis.) and House Republicans unveiled a budget and tax reform plan. But for Center for American Progress alumna Alex Wagner, it was Christmas morning, with the Ryan budget as a handy cudgel with which Democrats and MSNBC could bludgeon politically hapless Republicans.

"[S]ome Democrats are calling it Christmas in March," MSNBC anchor Wagner quipped on her March 20 Now program as she presented a quick overview of the "nuts and bolts" of the plan such as "repealing the Affordable Care Act," simplifying the federal individual income tax down to two brackets, 10 and 25 percent, and reducing the corporate tax rate from 35 percent to 25 percent. 

By Rich Noyes | October 8, 2011 | 10:38 AM EDT

The U.S. unemployment rate in September was 9.1%, a terrible statistic and a symptom of a profoundly damaged economy. Anticipating Friday's jobs report, CNBC Squawk Box co-host and New York Times reporter Andrew Ross Sorkin wondered whether the bad economic news had already reached a point where it would be "almost impossible" for President Obama to be re-elected.

"Remember when people used to say for Obama to win, this was a year or two ago, it [the unemployment rate] had to be under 8%," Sorkin recalled. "For him to get unemployment, from now until the elections, under 8%, you have to create something on the order of 400,000 jobs a month.... which is, obviously, almost impossible."

By Jeff Poor | June 18, 2010 | 1:17 PM EDT

Wow, just wow. Never would have seen this one coming, but is one of the standard-bearers of the media elite recognizing the Obama administration's anti-business populist tone is inhibiting the U.S. economy?

On the June 18 broadcast of CNBC's "Squawk Box," NBC "Meet the Press" moderator David Gregory was asked to respond to a June 18 New York Times article by David Sanger suggesting the Obama administration may be "overstepping" and discouraging business growth in the United States. Gregory told "Squawk Box" viewers that in his view they were and called it "a real problem."

"It is, certainly beyond Washington," Gregory explained. "You all know it talking to business leaders every day and I do speak to business leaders quite often as well and I hear it time and time again that what you got at the administration are two problems. One, you've got nobody in the inner sanctum of the President's advisers who has ever run a business - who have never run a business. And that's a real problem. I think there's a level of recognition about that being a problem in the West Wing as well. But the rhetoric and the policy substantively, a lot of people feel, is anti-business and getting to a point where it could really discourage businesses in the United States and certainly the multinationals working here as well. That's a problem and I think that element of criticism from Joe Barton, while off the reservation substantively, got to that larger point, which is this populist string."

By Clay Waters | April 13, 2010 | 4:19 PM EDT

Aww...New York Times columnist Paul Krugman, respected economist turned talking points purveyor for the left-wing blogosphere, has had his feelings hurt by a fellow Times writer, Andrew Ross Sorkin, and is demanding redress: "Andrew Ross Sorkin Owes Several People An Apology."

That's right. Krugman, who has accused the GOP of "eliminationist rhetoric" and global-warming skeptics of "treason against the planet," chided a fellow Times writer for "caricaturing" his view on an issue, "making it sound far more extreme than it actually was." 

The source of Krugman's wounded feelings? These mild passages in Sorkin's Tuesday column, quoted by Krugman in his post:

You may recall that during the most perilous months of 2008 and early 2009, there was a vigorous debate about how the government should fix the financial system. Some economists, including Nouriel Roubini of New York University and The Times's own Paul Krugman, declared that we should follow the example of the Swedes by nationalizing the entire banking system.

They argued that Wall Street was occupied by the walking dead, and that no matter how much money we threw at the banks, they would eventually topple the system all over again and cause a domino effect worldwide.
Touchy Krugman hypocritically huffed in a Tuesday morning post on his nytimes.com blog:
By Mark Finkelstein | March 30, 2010 | 8:17 AM EDT
Put up or shut up, Barnicle . . .

Mike Barnicle has accused "talk radio" of serving as "allies" and a "megaphone" for the worst fringe elements on the right.   That's how the former Boston Globe columnist justified the MSM's focus on the right-wing fringe while downplaying that of the left. [H/t reader Ray R.]

Barnicle floated his defense of the MSM on today's Morning Joe.  To their credit, Mika Brzezinski and Andrew Ross Sorkin of the NY Times argued that the fringe left has historically received a pass from the MSM.
By Jeff Poor | February 11, 2009 | 3:15 PM EST

Despite his tax problems, President Barack Obama's newly minted Treasury secretary, Tim Geithner, was sold to Congress as the one who was going to save the fragile financial system.

However, in what was billed to be a big announcement, and Geithner's first major appearance, he failed to deliver. The Treasury Secretary was slated to outline his plan to rescue troubled financial institutions from the toxic assets they had on their books. But he failed to give specifics and the markets suffered; the Dow Jones Industrial Average (DJIA) nosedived 382 points.

CNBC "Fast Money" host Dylan Ratigan had his own description of Geithner's performance. In an appearance on MSNBC's Feb. 11 "Morning Joe," he likened it to "soiling a bed."

By Noel Sheppard | November 25, 2008 | 12:30 PM EST

Are the good folks at the New York Times breaking ranks and actually criticizing a decision by president-elect Barack Obama?

Such seemed to be the case Tuesday when the Gray Lady published, on the front page of the business section no less, an article highly critical of proposed Treasury Secretary Timothy Geithner.

Entitled "Where Was Geithner in Turmoil?", Andrew Ross Sorkin's piece actually pointed fingers at Obama's choice to head the Treasury department for his potential involvement in the nation's current financial crisis (emphasis added throughout):