Economy

Call me a cynic, but I've been dubious about just how accidental were President Obama's supposedly "hot mic" remarks about his budget negotations with the Republicans. Does a president who has been frequently criticized for a lack of toughness really mind being "caught" sounding muy macho? My skepticism was sharpened by GMA's report on the matter this morning.   The graphic referred to…

Remember all that talk a few months ago about toning down the violent rhetoric on the airwaves in the wake of the tragic shootings in Tucson? On HBO's "Real Time" Friday night, Bill Maher actually joked about a wall collapsing on Congressman Eric Cantor (R-Va.) and Congresswoman Michele Bachmann (R-Minn.) (video follows with transcript and commentary):

CNNMoney.com ran a provocative piece Friday listing what it determined to be the top "meanest budget cuts." The website laid out seven government programs that are victims of the recent budget compromise – programs that provide assistance to the poor and support humanitarian causes overseas. Most of the individual cuts make up a small fraction of each program's annual budget, and a…

Yesterday afternoon, the Bloomberg financial news service picked up on a study by PricewaterhouseCoopers showing that U.S. companies pay the sixth highest effective corporate tax rates in the world. "The tax rate for the largest U.S. companies between 2006 and 2009 was 27.7 percent, compared with a non-U.S. average of 19.5 percent, according to the study," reporter Richard Rubin noted. "…

Rep. Joe Walsh (R-Ill.) demanded an answer to a question today that the MRC has been asking for years: why do so many journalists refuse to ask President Barack Obama tough questions? On the April 15 edition of MSNBC's "Martin Bashir," Walsh pressed the anchor after which the program is named on why he and his colleagues are such Obama sycophants, pointing to the media's unwillingness to…

The April 18 edition of Newsweek trashed Republican Paul Ryan as a "scrooge" who is declaring "war" on poor Americans. The piece by Jonathan Chait ripped the Representative's budget proposal and included this cover headline: "Why GOP Scrooge Paul Ryan Is a Fraud." The failing publication, which was sold for $1 in 2010, featured an equally vicious headline inside the magazine: "War on the…

Asked to comment on the partisan budget speeches Barack Obama delivered this week, NBC's David Gregory asserted the Democratic president is finding his "groove" by criticizing "crazy" House Republicans. "I think he's finding a groove where he can both speak to the Left but really court the independent voters we talk so much about," posited Gregory on the April 15 edition of MSNBC's "Morning…

House Budget Committee Chairman Paul Ryan (R-Wisc.) has an absolutely must-read op-ed in Friday's Washington Post. What follows is just a tease, as readers are strongly encouraged to review the entire marvelous piece:

It certainly isn't a surprise that Nobel laureate Paul Krugman was far more pleased with the deficit reduction plan proposed by Barack Obama this week than the one unveiled by Rep. Paul Ryan (R-Wisc.) last week. In Friday's New York Times column "Who's Serious Now?" the unabashed liberal declared the President's proposal "really serious" and the Congressman's "a sick joke":

The undisguised bias of a dispatch tonight by Associated Press reporter Laurie Kellman, with help from Scott Bauer, about Wisconsin Governor Scott Walker's appearance before a Congressional committee may have as its source two items found at the Newspaper Guild's web site (seen after the jump). One is an announcement relating to a possible deterioration in the Guild's negotiations with AP,…

Now that President Obama has put tax increases on the table in order to balance the budget, his media are going to put even more pressure on Republicans to comply. A fine example of this happened on CNN's "John King USA" Thursday when the host actually asked Sen. Rob Portman (R-Oh.), "Should Republicans now have the open mind and the courage to maybe lose their jobs like President Bush did…

CNN's Ed Henry and Ali Velshi both think taxes should be raised in order to help reduce the deficit. However, neither gave any credence to the notion that raising taxes is detrimental in the current economic conditions on Thursday's "American Morning." CNN's senior White House correspondent Ed Henry, reporting on the President's deficit-cutting proposals, remarked that in order to trim…

President Obama is "Mr. Prudent," a grown-up heralding "deficit sanity" in a Washington gone mad with "delusional" Republican plans for draconian budget cuts and tax breaks for the wealthy. That's the predictable leftist talking point-laden take that Time magazine's Joe Klein had after listening to President Obama's hectoring lecture yesterday at George Washington University (emphasis mine):

Mark Halperin . . . on a roll! Yesterday, we noted that the MSNBC analyst was surprisingly respectful to Donald Trump.  Today, Halperin offered more refreshingly objective analysis.  Commenting on President Obama's budget speech of yesterday, Halperin observed that if a Republican had called a Dem budget un-American, in the same way that PBO pummeled Republican proposals, the MSM "would be…