Social Security
Debunking Debt and Deficit Myths
April 4th, 2011 12:49 AM
Veronique de Rugy is an economist you should get to know, for she is doing fabulous work at George Mason's Mercatus Center.
On Friday, she appeared on Bloomberg TV to debunk some myths about debt and deficits while publishing an accompanying must-read piece at Reason (video follows):
Andrew Sullivan: 'I Don't Know Why Anybody Voted for Obama in the Prim
March 20th, 2011 8:02 PM
The far-left in America are having a collective conniption fit over President Obama's decision to attack Libya.
Included in the wolf pack is the Atlantic magazine's Andrew Sullivan who despite his preposterous claims of being a conservative appeared on "The Chris Matthews Show" this weekend and said, "I don’t know why anybody voted for Obama in the primaries...[now] we have this politicized…
Krauthammer v. Lew on Social Security: Another TKO for the Hammer
March 19th, 2011 10:31 AM
The back and forth between Washington Post syndicated columnist Charles Krauthammer and White House Office of Management and Budget Director Jacob ("Jack") Lew continues. Thus far, Krauthammer has won both rounds, including his punch-out on Thursday.
It all started on February 21, when Lew issued a "rebuttal" to a USA Today editorial which called for near-term action to deal with Social…
Regarding the Truth About Social Security, Krauthammer Reports; Jack L
March 11th, 2011 10:53 PM
Yesterday, Washington Post syndicated columnist Charles Krauthammer performed an act of journalism that anyone in the establishment press could have done -- and didn't -- for 17 days.
Krauthammer did a masterful job of taking apart Obama White House Office of Management and Budget Director Jacob ("Jack") Lew's ridiculous February 21 defense of Social Security and its alleged irrelevance to…
Paul Krugman: America's Not Broke - We Can Still Borrow Money
March 11th, 2011 10:50 AM
If banks and credit card companies are willing to lend you money, does that mean you're not broke?
According to Nobel laureate Paul Krugman, America is doing just fine financially because we're having no problem borrowing money:
Martin Bashir and Bernie Sanders Agree: Hike Taxes on Wealthy and Oil
March 3rd, 2011 5:10 PM
MSNBC's Martin Bashir has only been on the job for a few days, but the newly-minted anchor is already letting his liberal flag fly.
On his eponymous program today, Bashir was dumbfounded as to why Congress is reluctant to hike taxes on the rich and end tax deductions for oil companies.
"Why won't Congress simply do what the people want?" lamented Bashir, interviewing Sen. Bernie Sanders (I-…
Krauthammer Rips Krugman's Claim Republicans Are Stealing Food From Ba
February 19th, 2011 2:41 PM
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):
WaPo, Boston Globe, Others Laughably Trumpet Obama Budget's 'Deep' Cut
February 15th, 2011 3:35 PM
With the unveiling of Obama's 2012 budget today, some newspapers around the country framed the $3.7 trillion proposal as a serious attempt to slash the federal deficit.
The Washington Post, The Boston Globe, the Daily Herald, the Fort Worth Star-Telegram, and the DC Express, couched the administration's massive budget as a fiscally responsible plan that makes "deep" and "big" cuts to "rein in…
Stephanopoulos Blames Budget Deficit On Bush
February 15th, 2011 10:23 AM
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):
Paul Krugman Ironically Asks 'How Can Voters Be So Ill Informed
February 14th, 2011 8:54 PM
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…
Red Ink Since Dems Took Over Congress Greater Than All Previous Defici
February 14th, 2011 9:36 AM
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 Sells False Idea Taxes are Lowest in 60 Years
February 9th, 2011 12:27 PM
Do you think you're paying less in federal income taxes than you ever have in your entire life?
If you watched Chris Matthews, Ed Schultz, or Cenk Uygur on MSNBC Tuesday, you might believe that (video follows with transcripts and lots of commentary):
Scary Unemployment Shocker: Labor Force Plummets 1.6 Million Since May
February 4th, 2011 6:19 PM
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…
Krauthammer Exposes Hypocrisy of Being Called 'Cranky' by WaPo Columni
January 29th, 2011 10:56 AM
In the middle of a rather comical exchange on PBS's "Inside Washington" Friday evening, Washington Post columnist Colby King accused fellow panelist Charles Krauthammer of being "cranky" concerning President Obama's State of the Union address.
Not at all surprising to fans of the Fox News contributor, Krauthammer struck back and did so quite impressively (video follows with transcript and…