The next recession could bring an economic “revolution,” according to left-wing New York Times tech columnist Farhad Manjoo. He argued that when it arrives it would be “time to go full Elizabeth Warren” because of inequality.
Insisting that “a recession looms,” Manjoo fueled envy against CEOs and the wealthy — the very kind of envy that could spur such a “revolution.” Although he attached Democratic candidate Warren’s name to that kind of “radical” change, spouting off about revolution calls to mind other names like Marx and Lenin.
“Hottest month in human history” has a certain ring to it. But some scientists say that ring isn’t true. The liberal media, always on the lookout for ways to demand action on climate change, latched on to a recent National Oceanic and Atmospheric Administration (NOAA) report, claiming July 2019, was the “warmest on record for the globe.” The United Nations claimed the same thing on Aug. 1, which also generated media histrionics.
In just three nights of coverage, ABC, CBS and NBC evening newscasts spent more than 11 minutes talking about the threat of recession and economic worries mostly tied to one economic signal. The main reason for concern was that the yield on a particular short-term versus long-term Treasury bond inverted (generally long-term bonds have higher yields) and spooked investors on Aug. 14. This sent the Dow down by more than 800 points.
Recent shootings in El Paso, Texas, and Dayton, Ohio, prompted left-wing anti-gun groups to go on a $2-million advertising binge calling for gun control. Liberal media mogul Michael Bloomberg’s group Everytown for Gun Safety led the pack of gun-control advocates with nearly half that spending.
As #TrumpRecession trends on Twitter and the liberal media panic over a “coming economic meltdown,” economist Art Laffer took a different view. The former economic adviser to President Ronald Reagan told Fox News that he wasn’t currently worried. “I’m not at, right now, concerned about a recession,” Laffer told America’s Newsroom. “We have great policies in. This administration has done a great job on taxes, on monetary policy, on regulatory policy.”
Pro-abortion researchers trying to convince the FDA to remove abortion pill restrictions had financial support from billionaire investor Warren Buffett, according to a new Live Action News investigation. Live Action released a report Aug. 11, showing that Berkshire Hathaway CEO Buffett funded the study through his foundation and that, much earlier, he was one of several investors in the company that developed the abortion pill mifepristone.
Inventing climate change solutions or technology could you make you a fortune, according to liberal media favorite: Bill Nye “The Science Guy.” Nye shared an F-bomb dropping video on Instagram on Aug. 13. He said that if his typical warning that the “oceans are rising” wasn’t enough to make people care, he had another reason for them to take action on climate change.
Building what The Atlantic once described as the “biggest political machine you’ve never heard of” paid off big for liberal billionaire and Democratic presidential candidate Tom Steyer. He announced early on Aug. 13, that he met the 130,000 donor threshold for the September debates. “Just one more qualifying poll stands between us and that stage!” he added. Each candidate must have 2 percent support in four separate national or early state polls. Steyer currently has three, according to CNBC.
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.
Liberal billionaire and 2020 Democratic candidate Tom Steyer stepped down from a prominent left-wing think tank last month due to his presidential bid, according to CNBC. Steyer was deeply involved with Center for American Progress for at least 9 years. CNBC reported Steyer was director of CAP’s board since 2010 before resigning July 9. Steyer had been distancing himself from “outside entities that could be seen as giving his campaign an advantage,” said CNBC.
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.”
What should campaign funding disclosure levels be in an internet age and outrage culture, where publicization of giving can quickly turn into harassment? It’s a question The New York Times raised after Rep. Joaquin Castro (D-TX) tweeted out the names of 44 San Antonio-area citizens who had given to President Donald Trump’s reelection campaign.