Recession

CNBC's Lawrence Kudlow on Friday made a stock market comment about the earthquake and resulting tsunamis in Japan that have liberal media members hyperventilating. Before we get to the response, here's what Kudlow said (video follows with partial transcript and commentary):

Chuck Todd on Sunday bashed Republican governor Mitch Daniels for his state having a 9.1 percent unemployment rate. The substitute host of NBC's "Meet the Press" must not be aware that this is lower than most of Indiana's neighbors and is basically the same as the national rate (video follows with transcript and commentary):

With civil unrest breaking out all over the Middle East and Africa sending oil and gas prices through the roof, one could make the case that Barack Obama more and more is looking like Jimmy Carter. On this weekend's "Chris Matthews Show," the liberal host made it seem that this is even on his mind as he made a rather telling slip of the tongue (video follows with transcript and commentary):

Hope springs eternal at CNN, at least some of the time.  Sure, the massively expensive Obama stimulus was a miserable flop.  And extending unemployment benefits worked to extend periods of unemployment, as numerous studies have shown.  Government jobs programs have failed for decades. No matter.  According to business correspondent Alison Kosik on CNN Newsroom today, a jump in jobless claims…

On MSNBC's "Daily Rundown" today, Steve Liesman robustly defended raising gasoline taxes as a way to address rising oil prices. The CNBC senior economics reporter minced no words to show his support for hiking the unpopular consumption tax in the midst of a sluggish economic recovery: "I want to offer that one of the real solutions here is a gas tax." After positing that the problem with…

New York Times columnist Paul Krugman on Friday made the idiotic claim that House Republicans are stealing food from babies and pregnant women. Later that evening, appearing on PBS's "Inside Washington," syndicated columnist Charles Krauthammer demonstrated just how foolish Krugman's assertion was (video follows with transcript and commentary):

"Crazy Larry" O'Donnell is at it again. On "Morning Joe" Wednesday, the MSNBC host questioned the entire debate over which government spending programs to slash, asking why the president and Congress are even considering cutting spending in the first place. "I think we've lost a first principle here," he remarked of the situation. What is this "first principle" O'Donnell speaks of? "Why…

President Obama and the Democrats have spent trillions of dollars in the past two years without successfully growing the economy enough to produce jobs. Despite this immutable fact, MSNBC's Chris Matthews on Tuesday's "Hardball" said government spending is a far better stimulus than cutting taxes (video follows with transcript and commentary):

On Monday, President Obama announced that 2011's budget deficit is going to be an all-time high $1.65 trillion. In an interview with Fox News's Bill O'Reilly later in the day, ABC's George Stephanopoulos predictably blamed the red ink on former President George W. Bush (video follows with transcript and commentary):

In his lifetime, Princeton economics professor and Nobel Laureate Paul Krugman has published 20 books, over 200 papers, and since the year 2000 two columns a week at the New York Times. Clearly without understanding the irony of his question, the man once accused by the Gray Lady's ombudsman of possessing a "disturbing habit of shaping, slicing and selectively citing numbers" asked his…

The 2011 budget shortfall, which is the responsibility of the previous Congress, is now projected to be $1.65 trillion. If accurate, this means that since the Democrats took over Congress in 2007, we have posted over $5 trillion in deficits.

MSNBC's Ed Schultz began his show Monday railing against American corporations sitting on trillions of dollars of cash while refusing to exhibit "economic patriotism" by using those funds to add to their payrolls. In a demonstration of classic liberal hypocrisy, the host of the "Ed Show" finished his program calling AOL's purchase of the Huffington Post "a big f-in deal" while not once asking…

Former Reagan Chief of Staff James Baker on Sunday took issue with having the 40th President blamed for financial deregulation. When "Meet the Press" host David Gregory brought this up at the end of his program, Baker replied, "[The deregulation of the financial industry didn't occur on Ronald Reagan's watch, it occurred for the most part, I think, on Bill Clinton's watch" (video follows with…

As NewsBusters previously reported, CNBC's Rick Santelli was very disappointed by Friday's jobs report from the Labor Department showing a surprising decline in the unemployment rate to 9.0 percent. Disappointing is hardly the word I would use for buried inside the numbers was another huge decline in the size of the American labor force that should have economists and government officials…