Budget

It's been a challenging week for President Barack Obama.  His vacation ended.  He was forced to rebuke questioning reporters with a cutting, "We're buying shrimp, guys."  And now Reuters global editor-at-large Chrystia Freeland, accurately described recently by Media Research Center president Brent Bozell as "a deeply devoted Obama groupie," is referencing what Obama-endorsed former Illinois Gov…

Republicans are “exotic” and “extreme,” and against science too, CBS’s Bob Schieffer contended on Sunday’s Face the Nation. “You have also taken some fairly controversial, some would say very extreme, positions,” Schieffer lectured Alaska Republican Senate candidate Joe Miller, citing “you want to phase out Medicare, you want to privatize Social Security.” Miller countered: “I would suggest to…

An amazing thing happened on the set of ABC's "This Week" Sunday: a liberal tried to extol the benefits of President Obama's unrestrained federal spending only to get completely smacked down by the entire panel.Host Christiane Amanpour began the Roundtable segment of the program by showing some of last week's horrendous economic numbers, and opened the debate about what can be done to improve the…

Fed Chairman Ben Bernanke's first full day as the only person in the whole wide world with any kind of influence over what happens in the economy didn't go too badly. That's the impression one might get from consuming two Friday Associated dispatches and a related AP Video. Bernanke apparently took full charge of anything and everything having to do with the economy on Thursday evening. As…

On the same day the Commerce Department dramatically revised down second quarter Gross Domestic Product estimates, New York Times columnist David Brooks published a stinging rebuke of Obama economic policies."The American stimulus package was supposed to create a 'summer of recovery,' according to Obama administration officials," wrote Brooks. "Job growth was supposed to be surging at up to 500,…

As the Obama administration’s “Recovery Summer” crumbles, CBS’s Early Show on Thursday noted how the poor economic data has made many Americans deeply pessimistic about the future, with 37% saying that the economy “is in permanent decline.”So does that mean Obama's $862 billion stimulus is a failure? Not according to economist Mark Zandi, who was interviewed by co-host Erica Hill. Zandi asserted…

It has now been five days since Politico's Ben Smith published a powerpoint presentation created by an amalgamation of powerful left wing interest groups, conceding that two of the central arguments for passing ObamaCare - that it will lower the deficit and will reduce health care costs - have failed. For a group of organizations integral to the passage of the law, that was a stunning admission. …

The New York Times on Tuesday declared what most conservatives knew would happen if Democrats took control of both Congress and the White House: "more Americans - and not just the rich - are going to have to pay more taxes."In its editorial comically titled "A Real Debate on Taxes," the Times predictably argued for a total elimination of the Bush tax cuts, although it favored some partial delay…

On Monday's Situation Room, CNN's Jeffrey Toobin used dire language to describe a federal judge's decision which struck down federal funding for embryonic stem cell research: "The bottom line is this is a major setback for stem cell research and for the Obama administration....it will certainly cut way back on federal funding." Anchor Suzanne Malveaux labeled it a "potential wedge issue."Malveaux…

David Gregory on Sunday finally got an answer to his question about extending the Bush tax cuts, but it certainly wasn't what he was expecting.For those that have been watching "Meet the Press" this month, the host has been grilling his conservative guests about this issue ever since former Federal Reserve Chairman Alan Greenspan told him on August 1 that tax cuts don't pay for themselves.Having…

George Will on Sunday gave Robert Reich a much-needed history lesson about deficit spending and liberal myths concerning Franklin Delano Roosevelt and Herbert Hoover.As the Roundtable segment on ABC's "This Week" moved to the current state of the economy, Reich predictably called for another stimulus package. "You can't even talk about stimulus because people say, 'Oh, that would create a deficit…

Are even the most liberal media members starting to realize the administration's "Recovery Summer" campaign was a complete joke?Such appears to be the case for New York Times columnist Bob Herbert who on Saturday published a piece absolutely excoriating President Obama for not exclusively focusing on jobs after his inauguration last year:The Obama administration seems to be feeling sorry for…

Keith Olbermann on Thursday cherry-picked an article by former Speaker of the House Newt Gingrich to make a pathetic case that Republicans are targeting and blaming unemployed Americans for the country's economic woes.In his opening "Countdown" segment on MSNBC, the host began, "When it came time to invade, Republicans used cherry-picked intelligence to make the case for war in Iraq. Now, they`re…