On The DMZ, Bill and Matt consider whether CPAC is helping the conservative movement by featuring Sarah Palin and Donald Trump. Can Rand Paul win over younger voters to the GOP? Bill asks what conservatism stands for, and Matt acknowledges that the movement is at a crossroads. Is Obama’s charm offensive aimed at congressional Republicans for real or just for show? Matt explores the testy relationship between newer conservative media outlets and the mainstream media, and Bill draws a distinction between problems specific to conservative media and problems afflicting all new media.
On The Glenn Show, Larry makes the case that government debt is much worse than you realize, and says Paul Krugman is suffering from “deficit delusion.” He argues that we’re making a serious error by not using the “infinite horizon” to calculate the fiscal gap. Larry contends that he’s not making a conservative argument, but instead is defending the interests of future generations of Americans. Glenn and Larry discuss two delusions—those of supply-siders and demand-siders. Finally, Larry warns that the monetary policy pursued by Ben Bernanke will lead to hyperinflation.