Budget

New York Times columnist Paul Krugman got another much-needed education from syndicated columnist George Will on ABC's This Week Sunday. After Krugman impugned Gov. Scott Walker (R-Wisc.) for his so-called "fiscal irresponsibility," Will simply and quite accurately responded, "A more than $3 billion budget that he inherited, a deficit, has now become a surplus" (video follows with transcript…

Readers are strongly advised to remove food, fluids, and flammables from proximity to their computers prior to reading any further. You've been warned! New York Times columnist Paul Krugman said on ABC's This Week Sunday, "It's terribly unfair that [President Obama is] being judged on the failure of the economy to respond to policies that had been largely dictated by a hostile Congress" (…

As we approach Election Day, it's becoming more and more important for the Obama-loving media to give credit to the President for the economies of swing states governed by Republicans that are doing better economically than the rest of the country. Candy Crowley did her part on CNN's State of the Union Sunday by asking Governor Bob McDonnell (R-Va.), "Don’t you credit President Obama at all…

As NewsBusters previously reported, England's Telegraph published an article last Thursday with the absolutely glorious headline "Britain Can’t Afford to Fall for the Charms of the False Economics Messiah Paul Krugman." On Wednesday, appearing on a broadcast of BBC's Newsnight, Krugman got a much-needed education from a conservative member of the British parliament who said she found his view…

NewsBusters reported Friday that the Washington Post fact-checker Glenn Kessler gave a MarketWatch piece claiming President Obama's "spending binge never happened" three pinocchios for its utter falsehoods. On Monday, the Post's Pulitzer Prize-winning columnist and former assistant managing editor Eugene Robinson actually misrepresented his own paper's findings to hype the thoroughly debunked…

A Los Angeles Times editorial on May 23, naturally accompanied by a dour photo of House Speaker John Boehner, stated as if it's an indisputable fact that the August 2011 debt deal raised the ceiling by "enough to last until the end of 2012 or early 2013." A Saturday AP report by Ken Thomas and Jim Kuhnhenn so filled with distortions that it's virtually unreadable asserted, again as if it's a no…

Former Democratic Michigan governor turned Current TV commentator Jennifer Granholm got a much-needed education Sunday about the difference between Mitt Romney's involvement with Bain Capital and President Obama's forays into green energy investment. "When Bain invested," said George Will on ABC's This Week, "it invests money that it gets voluntarily to be invested. When the president throws…

At the Associated Press aka the Administration's Press on Saturday, Andrew Taylor's "Fact Check" item on President Obama's stump speech claim in Iowa on Thursday dove into the trees without first looking at the forest. Distracted by ridiculousaurus Rex Nutting's write-up earlier in the week at MarketWatch ("Obama spending binge never happened"), which absurdly claimed that "government outlays…

Last year New York Times columnist and Nobel laureate Paul Krugman called for space aliens to invade earth so that the government would spend money to mount a defense thereby stimulating the economy. As aliens have yet to comply with Krugman's wishes, he advocated on HBO's Real Time Friday that scientists should get together and lie about an imminent attack to boost federal spending (video…

Bill Maher is either a blithering idiot, a pathological liar, or both. On HBO's Real Time Friday, the factually-challenged financier of Barack Obama actually had the gall to say the President didn't support the recommendations of his National Commission on Fiscal Responsibility and Reform (aka Simpson-Bowles) because - wait for it! - Republicans didn't support it (video follows with…

Former Secretary of State Colin Powell on Friday blamed the media and "especially" cable television for the nasty tone in politics today. Such occurred during a discussion with Jay Leno on NBC's Tonight Show (video follows with transcript and commentary):

CNN failed to correct bogus numbers claiming that the growth rate of spending under President Obama is the lowest since Eisenhower. Instead, host Erin Burnett reported the news as something positive for the White House. While most anyone with common sense would label Obama a big spender, the MarketWatch report – re-circulated by the White House – absurdly claims Obama's "spending binge never…

Leave it to America's strongest ally in the world to speak the truth. On Thursday, England's Telegraph published an article with the absolutely glorious headline "Britain Can’t Afford to Fall for the Charms of the False Economics Messiah Paul Krugman":

As NewsBusters reported Thursday, White House press secretary Jay Carney during the previous day's press gaggle cited a bogus MarketWatch report hysterically claiming "Obama Spending Binge Never Happened." Washington Post fact-checker Glenn Kessler looked at Carney's comments as well as Rex Nutting's article Friday and gave their assertions three Pinocchios: