National Debt

Tavis Smiley invited ultra-liberal Princeton economist and New York Times columnist Paul Krugman on his show Monday night for a friendly chat about the American economy. Predictably, Krugman used the appearance as an opportunity to bash Republicans, and on a taxpayer-subsidized television program no less. Krugman and Smiley both complained that the American people have not yet become “…

New York Times economics reporter Annie Lowrey's "news analysis" on Wednesday downplayed the gargantuan national debt: "Dispute Over a Balanced Budget Is Philosophical as Much as Fiscal." Lowrey, who on March 2 called the hard-to-detect budget cuts of sequestration "painful and stupid," gave the game away in her lead sentence, signaling that she doesn't really think that enormous debt is much…

In an interview with former Bill Clinton adviser George Stephanopoulos at ABC (transcript here), President Barack Obama claimed that “We don’t have an immediate crisis in terms of debt." Despite his claim, no one can know that for sure, but it's at least consistent with what he said during the 2012 presidential campaign ("we don't have to worry about it short term"). Obama's elaboration on…

While you were watching Rand Paul's historic filibuster and the debate surrounding budget sequestration, an economic theory battle was waging between two of the nation's foremost liberal economists Paul Krugman and Jeffrey Sachs. In his most recent salvo published at the Huffington Post Saturday, Sachs spoke heresy to Obama-lovers across the fruited plain including Krugman claiming that…

Liberal PBS host Tavis Smiley recently became the latest media member to refer to the $85 billion sequester as “austerity.” On his self-titled show Tuesday night, the taxpayer-subsidized Smiley got all frowny while discussing the American economy with former FDIC chairwoman Sheila Bair: "Since you raised the issue, let me ask how it is, in your mind at least, the notion of austerity, and…

As NewsBusters reported earlier, New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had quite a heated discussion about the budget, debt, and the economy on PBS's Charlie Rose Monday evening. Near its conclusion, Scarborough actually scolded Krugman for pompously behaving like a sighing Al Gore (video follows with transcript and commentary):

New York Times columnist Paul Krugman and MSNBC's Joe Scarborough had an at times heated discussion about budget deficits, debt, and the economy on PBS's Charlie Rose Monday evening. At one point Krugman got so rattled by the facts that he actually said Scarborough quoting what he had said in the past was making an ad hominem attack against him (video follows with transcript and commentary):

"The Obama administration couldn’t have made its cheerleaders at ABC, CBS, and NBC look any more foolish," NewsBusters publisher Brent Bozell noted earlier today in reaction to a new study by the Media Research Center's (MRC) Geoff Dickens showing that 66 percent of the broadcast network news coverage of the budget sequestration that took effect on Friday advanced Obama White House talking…

What's the point of the Washington Post retaining a conservative blogger when the paper's editors will opt to highlight her posts critiquing other conservatives rather than printing ones critical of the president and his lapdog lackeys in the press? Once again the Washington Post's op-ed page editors chose to excerpt a Jennifer Rubin blog post critical of conservatives rather than one tough on…

“Deadline day. Hours, now, until massive government cuts go into effect that could impact every American. Jobs vaporizing. Flights delayed. Even criminals walking free.” That’s the call to panic with which ABC’s Josh Elliot greeted viewers on the March 1 Good Morning America. Elliot’s frenzied tone, on the day sequestration was going into effect, was typical of the Big Three (ABC, CBS, NBC)…

For conservatives, it's been truly delicious the past few weeks watching previously devote Obamaites break ranks with their colleagues to finally tell the world that the emperor has no clothes. A fine example Monday was the perilously liberal economist and media darling Jeffrey Sachs who published an article at the Huffington Post with the headline "How Obama's Politics Led to Sequestration":

"We're all socialists from the day we're born. You know, you don't have to be poor or unemployed to be on Welfare. We're all at the trough. We're all Welfare queens." So said TIME magazine executive editor Michael Duffy on the syndicated Chris Matthews Show Sunday (video follows with transcript and commentary):

Chris Matthews asked a question Sunday that should truly offend people on both sides of the aisle. During the syndicated program bearing his name, Matthews asked his panel, "Has President Obama put himself at political risk if the big cuts do not wreak havoc?" (video follows with transcript and commentary):

The Left and their media minions spent a good part of the past two years claiming the rich don't pay their "fair share" of taxes. Not according to the Associated Press which shockingly published a piece Sunday titled "Tax Bills For Rich Families Approach 30-Year High":