Recession

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…

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):

CNN's Howard Kurtz is either astonishingly naive or so strongly in the tank for Barack Obama that he's willing to ignore the totally obvious to assist the President's reelection efforts. On Sunday's "Reliable Sources," Kurtz actually discussed with far-left guests Joan Walsh of Salon and John Aravosis of Americablog.com - without ever disclosing the painfully inconvenient truth! - why the "so…

As NewsBusters has been reporting, since President Obama once again proposed letting the Bush tax cuts expire for the highest earning Americans, the media have been supporting it almost 24 hours a day. Doing his part this weekend was Chris Matthews who after the introduction of the syndicated program bearing his name actually began the show, "Why is taxing the rich so hard?" (video follows…

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":

When Democrat presidential candidate Walter Mondale announced in his October 1984 debate with former President Reagan that he would raise taxes if elected, his  campaign was over, and he ended up losing one of the biggest election routs in American history. As Barack Obama prepares to offer the nation his deficit reduction plan Wednesday, it is widely believed he is going to recommend tax…

MSNBC's Ed Schultz began his show Monday talking about all the jobs President Obama has created since he took office. Unfortunately, as he made the case about how terrible the Bush years were by comparison, the "Ed Show" host wrongly informed his viewers that Democrats took over in January 2009 (video follows with transcript and commentary):

On the same day a new poll found only 37 percent of liberals strongly approve of Barack Obama's performance as president, the New York Times's Paul Krugman bashed America's chief executive for being missing in action. "What have they done with President Obama?" asked the Nobel Laureate. "Who is this bland, timid guy who doesn’t seem to stand for anything in particular":

As debate rages across the country about whether it is reasonable to reduce federal spending in light of the fact that the federal government is spending more than eight times what it takes in, the same publications willing to defend that spending often simultaneously criticize spending by businesses that make a profit. One such story ran in publications nationwide this week, including the…

New York Times columnist Paul Krugman was in his predictable defend Obama at all costs mode on Sunday's "This Week." When former Bush administration official Torie Clarke said unemployment remains high because the private sector is concerned about future regulations, the Nobel Laureate scoffed, "All of this stuff about uncertainty is just a myth being made up to blame this on Obama" (video…

A consistent media meme in the past few months has been that Republicans are asking for Draconian cuts to the federal budget. On Friday's "Inside Washington," Charles Krauthammer didn't let the host get away with furthering this nonsense (video follows with transcript and commentary):

On her eponymous program today, MSNBC's Andrea Mitchell carried water for the Obama administration, warning viewers that not raising the debt ceiling would result in a "crisis" that would "stop the recovery." Interviewing Politico's Roger Simon, the NBC News chief foreign affairs correspondent argued that Republican opposition to empowering the federal government to borrow beyond its $14.3…

It was good economic news on CNN's Newsroom this morning. After a brief mention of radiation in Japan, anchor Carol Costello reported: Brand new numbers out of the Labor Department this morning. It turns out jobless claims plummeted last week. Down 6,000 to 388,000. I'm not certain what dictionary CNN news readers use, but "plummet" wouldn't seem to be the right verb.  Merriam-Webster's…

Former Clinton labor secretary Robert Reich wrote a truly nonsensical piece for the Huffington Post Tuesday ironically called "The Republicans' Big Lies About Jobs." MSNBC's Chris Matthews must have loved this tripe and its sophomoric title for he invited the Berkeley professor on Wednesday's "Hardball" so that the pair could put on a clinic in liberal economic fantasy (video follows with…