Budget

Interviewing Donald Trump this morning, MSNBC's Chris Jansing put on her Democratic strategist hat to press the Republican real estate mogul with liberal talking points. After Trump, responding to Jansing's question about what he would do to fix the economy, suggested cutting taxes to spur economic growth, the host of Jansing & Co. groused: "A lot of people sitting out there, with all due…

Just a few years ago, double-digit unemployment seemed like a crazy idea. But when the economy began to stumble, it was fear of high unemployment and a promise to prevent it that the Obama administration used to usher in the $787 billion stimulus package. As The New York Times reported on Oct. 22, 2009, "The Obama administration's forecast at the start of the year, which predicted that…

Something rather shocking happened on MSNBC Wednesday. Not only was a compliment given to a Republican, but on the "Dylan Ratigan Show," it was said by a Washington Post columnist about a GOPer that is actually admired by conservatives (video follows with transcript and commentary):

In our ongoing quest to answer Paul Krugman's ironic question "How can voters be so ill informed [sic]," NewsBusters offers an exquisitely ignorant budgetary concern posed by Dylan Ratigan Wednesday. On the MSNBC program bearing his name, the host actually said that one of America's biggest problems is a "multitrillion dollar defense budget" (video follows with transcript and commentary):

Opening Wednesday's 12PM ET hour on MSNBC, anchor Contessa Brewer proclaimed that President Obama was "driving Republicans in a corner" by calling their "budget bluff with his big proposal to slash spending." In reality, Obama's budget is projected to increase the national debt by $7.2 trillion over the next decade. [Audio available here] Brewer argued that the President's supposed "slash"…

"Crazy Larry" O'Donnell is at it again. On "Morning Joe" Wednesday, the MSNBC host questioned the entire debate over which government spending programs to slash, asking why the president and Congress are even considering cutting spending in the first place. "I think we've lost a first principle here," he remarked of the situation. What is this "first principle" O'Donnell speaks of? "Why…

President Obama and the Democrats have spent trillions of dollars in the past two years without successfully growing the economy enough to produce jobs. Despite this immutable fact, MSNBC's Chris Matthews on Tuesday's "Hardball" said government spending is a far better stimulus than cutting taxes (video follows with transcript and commentary):

Twice on Monday (here and here), I took serious issue with the opening sentences of two Associated Press stories on Uncle Sam's fiscal situation. First, there was Martin Crutsinger's Sunday stinker, which described the level of spending in President Obama's yet to be released 2012 budget as "$3 trillion-plus," timed so that early morning news readers, radio listeners, and TV viewers would…

CNN's Suzanne Malveaux complimented a media colleague on Tuesday's Newsroom who hit President Obama from the left that morning. April Ryan cited the liberal Congressional Black Caucus's criticism of Obama's proposed budget, that "rebuilding our economy on the backs of the most vulnerable Americans is something that is...not acceptable." Malveaux stated that Ryan "brought up a very good point…

The three nightly news broadcasts on Monday touted Barack Obama new spending as "investments," highlighted victims of White House cuts and ignored key facts about the President's 2012 budget. Evening News reporter Chip Reid used the preferred White House language, asserting, "But the President unveiled his budget at a technology school to highlight new investments, especially in education…

With the unveiling of Obama's 2012 budget today, some newspapers around the country framed the $3.7 trillion proposal as a serious attempt to slash the federal deficit. The Washington Post, The Boston Globe, the Daily Herald, the Fort Worth Star-Telegram, and the DC Express, couched the administration's massive budget as a fiscally responsible plan that makes "deep" and "big" cuts to "rein in…

"Obama budget makes deep cuts, cautious trades," blared the February 15 print edition headline for Washington Post staffer Lori Montgomery's page A1 story on President Obama's 2012 budget plan. "[The] Focus [is]on education, energy and research," a subheadline approvingly added. In the lead paragraph, Montgomery hailed Obama's spending blueprint as "full of surgical cuts and cautious trade-…

On Monday, President Obama announced that 2011's budget deficit is going to be an all-time high $1.65 trillion. In an interview with Fox News's Bill O'Reilly later in the day, ABC's George Stephanopoulos predictably blamed the red ink on former President George W. Bush (video follows with transcript and commentary):

In his lifetime, Princeton economics professor and Nobel Laureate Paul Krugman has published 20 books, over 200 papers, and since the year 2000 two columns a week at the New York Times. Clearly without understanding the irony of his question, the man once accused by the Gray Lady's ombudsman of possessing a "disturbing habit of shaping, slicing and selectively citing numbers" asked his…