Budget

In his newest CNN.com op-ed titled "Don't Doom GOP's Chance to Win in 2012," David Frum clearly outlines the Republican Party's best chance for victory – if they don't come off as "Medicare-annihilating racist maniacs." He then goes about making the case that Republicans are doing just that. "It is Tea Party conservatism itself that is Obama's last, best hope for a second term," Frum boldly…

"I am fairly certain that when Paul Ryan first decided to publicly share his admiration of Ayn Rand, he could not have imagined it would lead to him speed-walking to his SUV to avoid a young Catholic trying to give him a Bible and telling him to pay more attention to the Gospel of Luke," Time's Amy Sullivan snarked in a June 3 Swampland blog post.  

Looking at government as the best job creator, on Sunday’s This Week ABC’s Christiane Amanpour pushed her guests to agree the stagnant economy and growing unemployment argue for less concern about controlling federal spending and demonstrate the need for “another stimulus” big spending effort. Amanpour was undeterred by the failure of the ongoing “stimulus” spending pushed by President Obama…

As no clear frontrunner emerges in the Republican presidential nomination race, the liberal media are in a full-scale panic over the thought that the former governor of Alaska might eventually enter and challenge their beloved president in November 2012. On Sunday, "Face the Nation's" Bob Schieffer asked Mississippi Governor Haley Barbour with some incredulity, "Could you ever envision…

Fox News's Greta Van Susteren on Saturday took issue with New York Times columnist Charles Blow's recent piece "False Choice." In it, the perilously liberal commentator criticized Republicans for wanting to solve the nation's economic woes with a mixture of tax and spending cuts:

NewsBusters readers are well aware that we like to point out when arrogant, pompous, holier-than-thou liberals make completely false statements on the air and in print. Bill Maher marvelously did so on HBO's "Real Time" Friday claiming that the Bush tax cuts have so far given a total of $2.8 trillion to the richest one percent of Americans (video follows with transcript and commentary):

I've said for years that some of the worst reporting by the media deals with issues of finance and the economy. "Real Time" watchers were given a perfect example of this Friday evening when a college professor that contributes to MSNBC as well as Nation magazine actually said, "I’ll put my Obama deficit next to your Reagan deficit any day of the week" (video follows with transcript and…

The latest Social Security Trustees Report tells us that the program will be insolvent by the year 2037. The combined unfunded liability of Social Security and Medicare has reached nearly $107 trillion in today's dollars. That is about seven times the size of the U.S. economy and 10 times the size of the national debt. Those entitlement programs, along with others, account for nearly 60 percent…

William F. Buckley Jr. once said his job was to "stand athwart history, yelling stop!" If more liberals took this advice, they wouldn't end up looking like two CNN anchors who just don't know when to say no to unsustainable deficit spending. On the eve of a disappointing jobs report in which the unemployment rate rose to 9.1 percent, CNN International's Richard Quest plowed ahead like the…

Do you think it's conceivable that yet another round of dismal economic news might cause President Obama to finally dig deeply enough in his id to find some hidden humility and consider reversing course? Let's be serious. Why should he do that when it's much easier — and more profitable politically — to just demonize Republicans?

MSNBC's Chris Matthews on Thursday got a much-needed economics lesson from CNBC's Joe Kernen. In the midst of a discussion about the economy and how it's going to impact the 2012 elections, the "Hardball" host bragged about having studied economics in grad school leading Kernen to marvelously ask, "You studied economics?" (video follows with transcript and commentary):

In an exchange with Pat Buchanan on Thursday’s “Morning Joe,” MSNBC reporter Norah O’Donnell demonstrated just how out of touch she is when it comes to her view of the state of the American economy (video follows page break): 

In her lead story Wednesday, "Pressing Obama, House Bars Rise For Debt Ceiling," New York Times reporter Jackie Calmes accused Republicans of not understanding the debt limit while softening Democratic calls for higher taxes by portraying the Democrats as merely seeking "higher revenues." The House on Tuesday overwhelmingly rejected a measure to increase the government’s debt limit, acting on…

In a story which ironically included a soundbite from Republican Congressman Paul Ryan denouncing demagoguery on budget decisions, ABC’s Jake Tapper on Wednesday night sank to employing some of his own by citing a local government’s budget cut from two years ago for a drowning death on Memorial Day and then drawing a line to GOP efforts on the federal level to cut funds from food inspections…