Recession

Fareed Zakaria Agrees With Obama: America IS Getting Soft
October 9th, 2011 11:37 AM
Barack Obama took a lot of heat last week for saying America has "gotten a little soft."
Not from Fareed Zakaria who when not advising the president on foreign policy acts as one of his propaganda czars every Sunday on CNN (video follows with transcript and commentary):

Cavuto Corners Dem Congressman Supporting Wall Street Protesters: Why
October 5th, 2011 11:55 PM
A number of Democratic members of Congress came out Wednesday throwing their support behind the protest known as Occupy Wall Street.
Fox News's Neil Cavuto interviewed one of them on Your World marvelously asking Rep. Dennis Kucinich (D-Oh.), "So why didn’t you celebrate when Tea Partiers were running around the country and protesting all the spending and protesting the budget and the debt…
Martin Bashir Worries Puppet Will Starve Thanks to Evil Republicans
October 5th, 2011 4:41 PM
Touting Sesame Street's newest muppet character, a young girl living in poverty, MSNBC host Martin Bashir on Wednesday slammed Republican efforts to curb spending and urged: "...perhaps they do well to change the channel just for a moment from Fox News to PBS.... on Sesame Street they will see the sad face of a hungry doll whose family doesn't have enough money to buy food." [Audio available…

The Idiocy of the Media, Michael Moore and Occupy Wall Street
October 4th, 2011 1:03 AM
As young, foolish, unemployed Americans Occupy Wall Street, liberals in the media have predictably cheered the protests.
Some, like schlockumentarian Michael Moore, participated in the goings on, telling the crowd last week that the folks inside the buildings surrounding them were solely responsible for the nation’s economic woes (video follows with transcript and extensive commentary):
Labor Department's Negative 2010 Consumer Spending Report: AP Misses
September 27th, 2011 8:39 PM
What if I told you that the government put out a report today which would lead one to infer that the economy might barely have grown last year, and that it even may have contracted -- and that the reporter who appears to have been the only one who covered it didn't grasp its potential significance (or, conceivably, chose to ignore it)?
Today the Department of Labor's Bureau of Labor…
Was Obama's 'Intercontinental Railroad' Reference Lifted from Previous
September 23rd, 2011 11:56 PM
It's probably not much of a stretch to believe that Barack Obama and his speechwriters frequently peruse the New York Times in print or online.
Their likely affinity for the Times may explain why the President referred to the "intercontinental railroad" in his speech yesterday in Cincinnati near the Brent Spence Bridge:
Double-dip Learning Curve
September 23rd, 2011 3:50 PM
In one of the least needed reassurances in modern political history, President Obama's top political man David Plouffe, "told Democrats late last week that the White House would not suffer from overconfidence. 'What I don't want to suggest is that we're sitting around and thinking everything is great,' he said."
With the White House's own economists predicting 9 percent or worse unemployment…

Open Thread: How About a Real Jobs Plan
September 16th, 2011 11:05 AM
Last Thursday, President Obama unveiled his "American Jobs Act" to a joint session of Congress with a new plan for job creation. The plan takes a Keynesian approach, much like his previous stimulus bills, but with little success from them, it seems that Obama's American Jobs Act is not so much an economic plan as a political plan for his reelection. Obama and his advisors recognize that they…

Tom Friedman: The World Would Be a Better Place If Bush Had Raised Tax
September 7th, 2011 10:03 AM
America was in a post-stock market bubble bursting recession, had just suffered its worst mainland attack in its history, and New York Times columnist Tom Friedman believes ten years later all would have been made right if the President of the United States on September 12, 2001, had raised taxes.
This is what Friedman, in his most recent blame all the troubles of the world on George W. Bush…

Krugman's Delusion: The Past Year Proves Cutting Spending Doesn't Crea
September 5th, 2011 10:31 AM
Exactly what country does New York Times columnist Paul Krugman actually reside in?
Before you answer, consider the following sentence from his article Monday:

Amanpour Pushes Back When Guest Says Obama Isn't Ideologically Flexibl
September 4th, 2011 2:46 PM
It appears one should never say in Christiane Amanpour's presence Barack Obama isn't ideologically flexible.
When former Congressional Budget Office director Douglas Holtz-Eakin did so on ABC's "This Week" Sunday, the host pushed back, "Do you think that’s true that he hasn’t shown flexibility since he's, he’s sort of come completely to the Republican tenor of the debate?" (video follows with…

Krugman: 'If Obama Called for Endorsing Motherhood Republicans in the
September 4th, 2011 1:58 PM
If it's Sunday, New York Times columnist Paul Krugman must be "saying something really stupid or outrageous."
On ABC's "This Week," the Nobel laureate told host Christiane Amanpour, "If Obama called for endorsing motherhood, the Republicans in the House would oppose it" (video follows with transcript and commentary):

MSNBC's Wolffe: Jimmy Carter Created More Jobs Than George W. Bush
September 3rd, 2011 4:13 PM
Appearing as a guest on Friday's Last Word to discuss Republican presidential candidate Jon Huntsman's plan to simplify the income tax code, MSNBC political analyst Richard Wolffe saw extremism in the Tea Party movement as he asserted that Huntsman's plan was "moderate when you compare it to where the Tea Party extremists want to take this."
As the discussion turned to the current anemic job…

Krauthammer: Obama Is 'President Zero - Zero Economic Expansion, Zero
September 3rd, 2011 12:55 PM
Charles Krauthammer on Fox News's "Special Report" Friday offered Republicans a 2012 campaign slogan to defeat Barack Obama.
"President Zero: zero economic expansion, zero jobs, zero ideas on how to cure the economy" (video follows with transcript and commentary):