Recession

Bill O'Reilly on Wednesday smacked down Bill Maher when the comedian blamed Barack Obama's bad poll numbers on racism.In the first part of his much-anticipated interview with the "Real Time" host, O'Reilly asked Maher's opinion on why the public seems to have soured on the President. After blaming Obama's woes on everyone but Obama himself, Maher said, "Of course a lot of it is racially..."Maher…

New York Times correspondent Thomas Friedman is clearly unhappy about the Tea Party, so much so that he considers the movement "not that important."Instead, he envisions another group, "which stretches from centrist Republicans to independents right through to centrist Democrats," sitting silently out there in America waiting for the right leader to emerge.So wrote Friedman Wednesday in his "The…

Chris Matthews thinks American businesses are refusing to spend money in order to intentionally harm the economy as part of a long-term plot to "screw" President Obama.Such political paranoia was actually uttered on Monday's "Hardball" as the host chatted with Eugene Robinson of the Washington Post and Charles Mahtesian of Politico.Readers are strongly advised to prepare themselves for the kind…

For the second week in a row Charles Krauthammer has gotten into a heated debate with the Washington Post's Colby King on the PBS program "Inside Washington."This time it was about the effectiveness of President Obama's stimulus plan. "These guys have had a year and a half and people are not happy with the results," said Krauthammer. "$1 trillion of stimulus it disappeared and there is nothing to…

An organization once headed by former Obama administration official Van Jones tried it. Other so-called grassroots organizations have given it a shot. Now Rep. Anthony Weiner, D-N.Y., with the power of Congress in tow, has taken his best shot to shut Glenn Beck down. But so far it isn’t really working. On Sept. 23, Weiner called a representative from Santa Monica, Calif.-based Goldline to…

A recurring theme from liberal media members as we approach the midterm elections is that Americans have to vote for Democrats in November so the nation doesn't go back to the way things were when Republicans ran everything.A perfect example is New York Times columnist Paul Krugman who on Friday penned a piece called "Downhill With the G.O.P.":Never mind the war on terror, the party's main…

At the top of Tuesday's CBS Early Show, co-host Harry Smith proclaimed: "Angry Americans. A new report declares the recession officially over. But many of us are not feeling it. Even taking on the President himself." Later, he seemed to portray the President as a victim: "...a lot of Americans are still suffering its [the recession's] effects, and are taking it out on President Obama."In a report…

One of the Left's most esteemed economists, the liberal Center for Economic and Policy Research's Dean Baker, claimed Monday the "Second Great Depression," the term given to what many believed the country was heading for if drastic government action wasn't taken in the fall of 2008, was all a fiction created by Wall Street to get bailed out.In Baker's view published at the unashamedly liberal…

MSNBC's Contessa Brewer mocked attendees of the Values Voter Summit today, directing her ire at former vice presidential nominee Sarah Palin, Delaware Republican Senate nominee Christine O'Donnell, and the entire conservative movement."So, they're calling themselves values voters, but isn't this election really about the economy and not so much what we think of as values?" sniveled Brewer, who…

At a minimum, taxpayers have spent $9.1 million as of July 2010 on signs advertising the Obama administration's American Recovery and Reinvestment Act, also known as the stimulus law, according to federal officials reporting estimates to the Recovery Accountability and Transparency Board.But the cost is probably much higher since the six government agencies that spent stimulus dollars relied…

Since the financial industry collapse two years ago, dishonest media outlets and their employees have continually blamed George W. Bush for the implosion that occurred in the fall of 2008 as well as the resulting recession.NewsBusters has regularly pushed back on this historically inaccurate premise specifically pointing to two crucial pieces of legislation signed into law by former President…

Interviewing White House senior adviser Valerie Jarrett yesterday, The View's liberal co-hosts repelled Elisabeth Hasslebeck's tough questions on President Obama's failed economic agenda by changing the subject and ignoring their conservative colleague's criticism.Refuting the claim that the economy is "certainly moving in the right direction" despite dismal unemployment numbers, Hasselbeck asked…

As NewsBusters has previously reported, liberal Internet publisher Arianna Huffington is breathtakingly ignorant when it comes to basic economic theory.On Sunday, she proved it again by making an absolute fool of herself on ABC's "This Week." With the "Roundtable" segment beginning on the subject of the economy, Huffington noted how the failure of the banking bailout to stimulate growth was "…

For general discussion and debate. Possible talking point: Here's change you can believe in!The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.Census figures for 2009 - the recession-ravaged first year of the Democrat's…