Joseph Valle is an intern for MRC Business.
Joseph Valle is a rising fourth-year student at the University of Virginia from Ashburn, VA. He is pursuing an Economics major and a Government minor, incorporating his passion of economics and politics together while taking on the news.
Latest from Joseph Valle
Even though some high-profile experts claim the U.S. is not headed for a recession right now, the liberal news media continued to promote economic pessimism during the summer of 2019.
Despite 3.7 percent (near record-low) unemployment, wage gains, confident consumers and growing economy, liberal journalists obsessed over recession every single day of June and July.
Many Democrats running for president in 2020 are calling for “Medicare-for-all” type healthcare, including Democratic socialist Sen. Bernie Sanders (I-VT) and far-left candidate Sen. Elizabeth Warren (D-MA). Surprisingly, the liberal Washington Post admitted August 8 that Medicare-for-all could shut down rural hospitals, reducing access and care for their regions. Healthcare policy reporter Paige Winfield Cunningham said the fate of rural hospitals had become a “top point of contention” in the debate around Medicare-for-all, with critics warning that such hospitals could be “jeopardized.”
Following the horrific mass shootings in El Paso, TX and Dayton, OH, CNBC asked Visa CEO Alfred Kelly about the role of corporations in gun control. Kelly condemned the shootings and called for legislative action on gun control, but defended his company’s processing of gun sales on CNBC’s Squawk Alley August 7. CNBC technology reporter Deirdre Bosa asked him if his views had evolved over the past year. She cited other payment platforms like Apple, whose CEO Tim Cook slammed U.S. lawmakers’ “insanity” on the issue.
Global demand for air travel is rising, so Vox celebrated a way to shame passengers for flying because of climate change for the second time in a week. Vox staff writer Umair Irfan promoted the “global flying shame movement” and a new website, Shame Plane, on August 7. Swedish digital designer Victor Müller and developer Dennis Mårtensson created the site to guilt-trip travelers over the carbon emissions of their flights. Inspired by Swedish climate-change activist Greta Thunberg, Müller initially crunched the numbers because of “his own anxieties about climate change,” and found his flight carbon footprint “shocking and paralyzing.” Irfan wrote another article about the Swedish flight shaming movement less than a week earlier.
The “science is settled” liberal media don’t want people to know there are scientists, even award-winning ones, who dispute the idea of catastrophic global warming. Because outlets ignore and censor such scientists, curious individuals must turn to other sources such as English journalist James Delingpole’s columns or podcast, the Delingpod. On the July 25 podcast, he interviewed award-winning, former National Oceanic and Atmospheric Administration (NOAA) scientist Dr. Rex Fleming about his conversion from global warming alarmism to skepticism.
Left-wing economist and columnist Paul Krugman attacked President Donald Trump’s tax cuts as “the biggest giveaway to other nations since the Marshall Plan” in his New York Times column July 25. He criticized Trump’s “hidden” program for sending about $40 billion a year to “wealthy foreign investors.” Forbes contributor and freelance journalist Simon Constable, who has written for many financial publications, wasn’t having any of it. He chided Krugman for getting hold of “the wrong stick entirely” regarding Trump’s corporate tax cuts.
Prior to the second round of Democratic primary debates in Detroit July 30, DNC Chairman Tom Perez addressed the crowd of voters and donors to lay out what his party had to offer in 2020. After gushing over the twenty candidates’ “inclusive vision” of America, Perez freaked out about democracy and climate change. He vented that “our democracy is on fire and it’s a five-alarm blaze,” and predictably lashed out at Republicans for linking Democrats with the rise of socialism in the U.S.
Nothing “free” ever really is, but that didn’t stop The Washington Post from depicting “free” college as a “no-lose proposition for a politician.” The Post noted that several Democratic presidential candidates have pledged to do just that. But the Post acknowledged the devil is not in the details, it is the details. Currently liberals are all fighting over those to decide not only which taxpayers pay for it, but who should be eligible in the first place. Higher education economics reporter Danielle Douglas-Gabriel touted free college as a campaign goal and highlighted that, but ignored conservative views on tuition assistance programs in her July 28 piece.
Democratic presidential candidate and New York City Mayor Bill de Blasio (D-NY) proclaimed his support for the “working people” of America, and unveiled his “Workers’ Bill of Rights” July 23. On July 24, the Fox Business Network's Bulls & Bears host David Asman consulted former Small Business Administrator Hector Barreto and others to find out how small businesses would fare under what Asman called de Blasio’s “socialist push against businesses.”
The climate doomsday countdown got a dramatic update from the BBC, which claimed there could be as little as 18 months left to “save the planet” from a “global heating crisis.” “Do you remember the good old days when we had '12 years to save the planet'? Now it seems, there’s a growing consensus that the next 18 months will be critical," BBC News environment correspondent Matt McGrath warned on July 24.
Liberal presidential candidate Sen. Elizabeth Warren (D-MA) envisioned an economic crash just around the corner, and the far-left hosts of The Young Turks could not contain their excitement. It seems Warren and The Young Turks share the same delusion about the state of the current economy being awful. Young Turks co-host Ana Kasparian began by applauding Warren for “finally sounding alarms on what the reality is of our economic situation.” She accused the media of regurgitating “talking points about how the economy is doing so well” and claimed with just “a little bit deeper dive you’ll find that the economy is not doing well.”
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) offered a “dark prediction” of economic crisis and the liberal media immediately helped her sell those fears. Warren wrote of “The Coming Economic Crash and How to Stop It” on Medium on July 22. In it, she claimed “top economists” warned if the debt ceiling is breached there could be a “catastrophe” worse than 2008’s Lehman Brothers failure. That morning, CNN Newsroom With Poppy Harlow and Jim Sciutto discussed Warren’s prediction on her terms, rather than pushing back hard on such a dramatic claim.
Far-left candidate Sen. Elizabeth Warren's (D-MA) latest plan to restructure the economy and regulate Wall Street came with a denouncement of private equity companies as “vampires.” MSNBC Live with Stephanie Ruhle boosted Warren’s so-called “economic patriotism” plan on July 18, but ignored that creepy insult. Nor did they discuss whether private equity firms are actually villains or being misrepresented by Warren. MSNBC anchor Stephanie Ruhle was practically grinning as she announced that Warren, whom she called “the candidate with a plan for everything,” was “out with another one, this time aimed at a very familiar target: Wall Street.”
White House Director of the National Economic Council Larry Kudlow called himself a “happy camper” about the state of the U.S. economy and criticized those making it sound like the country is in recession. “I do want to say and repeat that the U.S. economy is very strong and that’s what the jobs report [shows], and wages are rising,” he told anchor Stuart Varney on Fox Business’ Varney & Company July 15. Kudlow criticized those trying to gloss over the good economic news.
Just as online retailer Amazon hoped to entice millions of its Prime members to spend on Prime Day, CNN launched an attack on “fast, free shipping” for not being environmentally friendly. Senior economics writer Lydia DePillis complained on July 15, that fast shipping, like Amazon’s new Prime Free One-Day option, has a “hidden cost” to the environment. She criticized “America’s addiction to absurdly fast shipping” for pushing retailers to do a “careful dance” to minimize environmental impact without turning off potential buyers.
Wall Street experienced another record-setting day July 11, as the Dow Jones Industrial Average closed above 27,000 for the first time ever. But you would know little about that new record if you were watching the three broadcast evening news shows that night. And nothing at all if you watched NBC Nightly News.
The left love to complain that recent economic growth has only benefited people at the very top and left the middle class and the poor behind. The Wall Street Journal just found more evidence to the contrary. “The fortunes of low-skilled workers have turned up markedly” amid the longest economic expansion in U.S. history and a near-record low in unemployment, Journal chief economics commentator Greg Ip wrote on July 10.
This wasn’t an episode of Fear Factor or The Amazing Race. It was The Washington Post that hyped maggots as a solution to fears of a future global food crisis. Reporter Christopher Ingraham wrote about Symton BSF — a company cultivating the larvae of black soldier flies — as food for animals. But the July 3 Post story didn’t stop with the idea of breeding maggots to turn into animal food. It had food for people in mind too, and even accepted someone’s claim that dried larvae taste like “Fritos.” Gross.
CNBC editor-at-large John Harwood didn’t just interview 2020 Democratic candidate Beto O’Rourke about the economy July 5. He literally asked questions while eating Mexican food with the candidate. That jovial setting was perfect for the easy and friendly interview Harwood conducted. Harwood often lets his liberal views show on CNBC. CNBC.com described the interview as O’Rourke “filling in the blanks” on his economic plans which included raising taxes.
Back to the Future is a classic film trilogy, and actor Christopher Lloyd would love to make a fourth movie as Dr. Emmett ‘Doc’ Brown about an issue like climate change. SlashFilm senior writer Ben Pearson wrote July 7 that Lloyd told the Niagara Falls Comic Con in June he still supports the idea of a Back to the Future 4. He indicated a sequel would need to include a supposedly “universal message” such as climate change.