Deceive the Children: NYT 'Learning Network' Frames Federal Income Tax
A New York Times "Learning Network" graphic informs us that under the proposed Obama-GOP tax and spending compromise, "rates will not change for at least two years for anyone."
Wow. Somebody at the Learning Network needs to tell the Old Gray Lady's beat reporters, editorial board, and opinion columnists. Just today, reporter Helene Cooper, in noting how Vice President Joe Biden is playing a "…
AP's Crutsinger Issues Incomplete, Sloppy, Misleading Report on Novemb
How can you cover a story about Uncle Sam's November Monthly Treasury Statement and the proposed Obama-GOP compromise on taxes and unemployment benefits without using the words "spending," "receipts," any form of "collect," or "unemployment"? It's a neat trick, but the Associated Press's Martin Crutsinger pulled it off in his Friday afternoon dispatch shortly after the government report's…
Robert Reich Wrongly Claims Bill Clinton Inherited a Recession
The staggering ignorance and/or blatant dishonesty of liberal economic commentators never ceases to amaze me.
Consider the following item from former Clinton labor secretary Robert Reich published at the Huffington Post moments ago (picture courtesy Life magazine):
Krauthammer Scolds Shields for 'Moaning and Bitching' About the Tax Pl
Charles Krauthammer on Friday scolded Mark Shields and other liberals for "moaning and bitching" about the President's compromise tax plan after months of demanding the White House implement a second stimulus package.
After Shields on PBS's "Inside Washington" predictably criticized Obama for agreeing to extend the Bush tax cuts on the so-called rich, Krauthammer marvelously struck back (…
As Obama Bizarrely Walks Away From Presser, AP's Feller Waxes Nostalgi
Not that he legitimately deserves our pity, but imagine the difficulty of being Ben Feller at the Associated Press yesterday.
You've just attended a suddenly announced joint press conference with President Barack Obama and former president Bill Clinton to announce the latter's support for the former's tax- and spending-related legislative proposals worked out with Republicans. You witness the…
Jami Floyd Demonizes GOP's 'Bah! Humbug!' Tax Compromise, Plots Obama
Jami "Sarah Palin is an extraordinary ass" Floyd made her best pitch for an Obama White House gig this morning, charting a course for the president's rehabilitation before the 2012 election and chastising the Republicans's "Bah! Humbug!" tax compromise.
Chris Jansing, anchor of MSNBC's "Jansing & Co.," asked Floyd to assess the argument some Democrats are making that the president should…
Dem Congressman Fumes: 'F**k the President,' All Three Networks Ignore
Thursday's network newscasts and Friday's morning shows all ignored the report that an unidentified Democratic House member muttered, "F**k the President" during a closed door meeting on a compromise over taxes. Yet, many journalists professed outrage when Congressman Joe Wilson yelled "You lie" at President Obama in 2009.
ABC's The Note website on Thursday afternoon explained, "An…
The Top 10 Worst Economic Myths of
Each year the Business & Media Institute looks back on the year's news and selects the top 10 worst economic myths. Here is our 2010 list:
10. GM Repayment Shows Taxpayer Bailout Worked
9. All the Economy Needs is More Stimulus
8. Soda is Like Cocaine and Ads Cause Obesity
7. Obama the Tax Cutter
6. The Tea Parties are Astroturf, but Green Groups Aren't.
5. Despite Largest…
Sloppy ABC Misleads on Estate Tax Being 'Slashed'; It Will Actually In
Good Morning America's Jon Karl on Thursday offered misleading, sloppy reporting on a congressional tax deal, bizarrely suggesting that the proposal "slashes" the estate tax. In a follow-up piece, news anchor Juju Chang asserted that many Democrats "are still opposed, especially to the estate tax cut."
In reality, the so-called death tax is currently at zero. Under the deal, it will increase…
Ferguson Calls Out Liberal Bias of MSNBC’s Wolffe: ‘Journalist
As MSNBC’s Richard Wolffe - formerly of Newsweek - appeared as a guest on Wednesday’s Late Late Show on CBS, after Wolffe conveyed his left-leaning take on the deal to extend the Bush tax cuts, host Craig Ferguson asked, "You’re a Democrat, aren’t you?" as he stared at the MSNBC contributor for comedic effect, inspiring audience laughter.
After Wolffe responded, "I am a journalist,"…
Unhappy With Tax Compromise, George Stephanopoulos Scolds David Axelro
Apparently unhappy at the idea of a compromise with Republicans over taxes, Good Morning America's George Stephanopoulos on Wednesday attacked the deal from the left, wondering if the "White House [is] open to renegotiating" portions that have made liberals in Congress unhappy.
Stephanopoulos, a former aide to Democrat Dick Gephardt, highlighted Nancy Pelosi's opposition to a high exemption…
Small-Biz Killers: Who Pays for Jobless Benefits
There is no such thing as a "free" government benefit. Ask small-business owners who are footing skyrocketing bills for bottomless jobless benefits. While politicians in Washington negotiate a deal to provide welcome temporary payroll, income and estate tax relief to America's workers, struggling employers wonder how long they'll have to pay for the compassion of others — and whether they can…
Lawrence O'Donnell Exposes Liberal Ignorance of Tax Code
Lawrence O'Donnell on Tuesday surprisingly exposed how ignorant liberals are of the tax code.
In a sometimes heated discussion with prominent progressives about President Obama's new compromise tax plan, "The Last Word" host aggressively challenged the knowledge of two of his guests (video follows with transcript and commentary):
Joe Scarborough Begs Obama to Gain Perspective, Stand Up to GOP on Tax
MSNBC's Joe Scarborough slammed President Obama Tuesday for not standing up to Republicans but rather compromising over extending the Bush tax cuts. Scarborough called the tax cuts for millionaires "inefficient" and agreed with co-host Mika Brzezinski that the Republicans are "complete hypocrites" when it comes to dealing with the deficit.
The deal includes an extension of the Bush tax…
