Recession

Ed Schultz on Tuesday spent a great deal of time blaming the crisis in Egypt on rising food prices tying commodity inflation to former President George H.W. Bush and Wall Street speculators. Not once in over fifteen minutes of air time were the name Bill Clinton or the two bills he signed into law that deregulated the financial services and commodity futures industries mentioned (videos…

The President that expanded the role, scope, and size of the federal government more than all that came before him or since is unquestionably Franklin Delano Roosevelt. Yet on Tuesday, moments after calling Congresswoman Michele Bachmann a "balloon head," MSNBC's Chris Matthews actually said FDR "bailed out capitalism in the '30s" (video follows with transcript and commentary):

For years, Democrats and their media minions have maintained that the economic boom of the '90s was caused by the fiscal policies of President Bill Clinton, in particular his 1993 income tax hike. Appearing on ABC's "This Week" Sunday, New York Times columnist Paul Krugman shockingly said what conservatives have been claiming all along (video follows with transcript and commentary):

Despite virtually all economists and the Chairman of the Federal Reserve finding Friday's unemployment report disappointing, MSNBC's Ed Schultz parroted President Obama's take that the numbers released by the Labor Department were good news. The "Ed Show" host crowed so gleefully about the much-maligned data that he even said it was evidence the 2009 stimulus package worked (video follows…

 Appearing as a guest on Friday’s Countdown show on MSNBC, Washington Post staff writer and Newsweek columnist Ezra Klein defended Obamacare and warned Republicans against attempting to repeal the law as he contended that some provisions are popular with the public. After host Keith Olbermann asked if Democrats should "relish rejoining the fight over health care reform" because it could hurt…

As she debated conservative rocker Ted Nugent on a special edition of CNN’s Anderson Cooper 360 on Wednesday during the 9:00 p.m. hour, liberal comedian Roseanne Barr tagged Sarah Palin a "loon" and a "traitor to this country" and, although she apologized later, called Palin’s followers the "dumbest people on Earth," and described them as being "on the government dole." Barr: "I think she's a…

What kind of an idiot must you be to believe that tax cuts have an equal dollar for dollar negative impact on a government budget as spending increases do? The most obvious answer given the charge of this website is a liberal media member, and the Washington Post's E.J. Dionne nicely proved this point with his column Monday:

Despite the bipartisan tax cuts orchestrated by the White House and Congress - and heralded by most Wall Street analysts! - in December, calls for tax hikes by liberal news outlets will be prevalent in the new year. Confirming this was the New York Times on Sunday pounding this drum with predictable certitude in an editorial simply titled "The Economy in 2011":

 On Saturday’s CBS Evening News, correspondent Bob Orr filed a report on the incoming Republican congressional freshmen, and, after noting that Rep.-elect Allen West was taking a "hard line" on federal spending, and after showing a clip of the Florida Republican raising doubts about compromising "your principles," the CBS correspondent used the cliche "partisan bickering" as he warned that such…

The award for Best Line of the Weekend goes to Wall Street Journal editorial page editor Paul Gigot who on Sunday's "Meet the Press" offered a delicious irony concerning Friday's surprise press conference hosted by Barack Obama and Bill Clinton. "I love the symbolism of two Democratic presidents--not one, but two--endorsing Bush tax cuts, saying, 'We need them crucially to help the economy' (…

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):

Charles Krauthammer on Monday said that when Barack Obama spoke to the nation hours ago to announce a tax extension compromise just reached with Republicans, "It was actually a speech addressed at Daily Kos, the New York Times, and MoveOn." In Krauthammer's view expressed on Fox's "Special Report," "This was a speech aimed at appeasing the Left which is extremely angry over this" (video…

 During a discussion of the agreement to prevent tax rates from increasing in January, on ABC’s World News Sunday, anchor David Muir and ABC’s senior Washington correspondent Rick Klein fretted that the federal budget deficit would increase - against the wishes of the voters - as a result of both the blocking of a tax increase and the extension of unemployment benefits. But neither acknowledged…

Shortly after the Labor Department announced a very disappointing jump in the unemployment rate to 9.8 percent, Google News featured as its top story an Associated Press article published Thursday predicting "the tight job market may be easing at last." Here's a screen cap of Google News from about an hour ago: