Last weekend, David Ignatius in his Washington Post column made a vital contribution to the debt and deficit debate: "Take the deficit pain now. It's a truth of economics and life that if you have bad news coming, take the hit early and get it behind you. You can't start building until the debris is out of the way."
Ignatius offers various examples from history (e.g., Fed Chairman Paul Volker's 1979 interest rate hikes that caused the recessions of the early '80s, but broke the inflation psychology and (I would add, with Ronald Reagan's policies) built the foundation for 25 years of prosperity.
Ed Schultz's pattern of accusing Republicans of lying moments before lying himself continued Tuesday evening.
Just moments after calling House Speaker John Boehner (R-Oh.) and Congressman Paul Ryan (R-Wisc.) liars, the host of MSNBC's "Ed Show" misinformed his viewers about Medicare (video follows with transcript and commentary):
If you had any questions about just how far to the left New York Times columnist Paul Krugman is, they were answered Monday when he expressed enthusiastic support for the Congressional Progressive Caucus's radical tax-hiking "People's Budget."
In his "Let's Take a Hike," the Nobel laureate left no doubt about his desire to swiftly redistribute America's wealth with little regard for the economic consequences:
On the April 21 edition of FNC's "Hannity," NewsBusters publisher Brent Bozell tackled how the media lapped up President Obama's talking points about the Paul Ryan budget plan and its effect on senior citizens.
"You know, Sean, this is some of the worst fear-mongering I've ever heard, and I think, personally, I find it despicable that this came from the president of the United States," the Media Research Center founder complained, adding:
According to MSNBC's Chris Matthews, "the only cuts that [Tea Partiers] seem to want are the cuts for the poor people." The Hardball host smeared the conservative protesters on Thursday while discussing planned reforms to Medicare and Medicaid.
Guest Jonathan Alter laughed at Matthews' attack, prompting the anchor to mock, "You're laughing because you know how right-wingers think."
Citing a Washington Post poll showing 52 percent of Tea Partiers support cutting Medicaid, he prompted the former Newsweek editor, "...Strong, zealous Tea Party people have brought themselves to willingness to cut poor people. That doesn't surprise me, but your thoughts."
Are you a Christian who also is supportive of Rep. Paul Ryan's budget plan? Then you'd best repent of your sin and be renew your mind with the social gospel.
That's the pronouncement of liberal theologian Susan Brooks Thistlethwaite in an April 18 post at the Washington Post/Newsweek "On Faith" website.
Brooks Thistlethwaite -- who previously hit Tea Party conservatives as tribalistic -- apparently believes that politically conservative Christians are trying to serve two masters, Jesus and Ayn Rand (emphasis mine):
For the second night in a row Tuesday, MSNBC's Ed Schultz called Republicans liars.
Also for the second night in a row, he did so moments before lying himself (video follows with transcript and commentary):
I am beginning to wonder whether President Obama is so cocky about his 2012 re-election prospects that he thinks he doesn't even have to be serious in his budget plan offerings.
Unfortunately, the nation's unfunded liabilities aren't so casual as the president; they are growing by more than $10 trillion per year, which means that our looming debt crisis becomes far more problematic with each passing day.