Business

Economist Ben Stein provided a harsh reality check of socialism, as youth, politicians and the media turn ever leftward. His criticism of socialism and the Green New Deal sharply contrasted with recent liberal media reactions.

The stock market has been on the rebound in 2019, after what some called an “irrational sell-off” in late 2018. The network evening shows covered that “market meltdown” throughout the fall, but have spent a lot less time covering recent gains.

It’s been a week since Rep. Alexandria Ocasio-Cortez, D-N.Y., and Sen. Edward Markey, D-Mass., introduced a “Green New Deal” resolution promising massive government spending and no way to pay for it. The president and many others mocked it. Liberal presidential candidates endorsed it. An Ocasio-Cortez policy adviser denied to Fox News that the plan promised “economic security for people ‘…

Three distinct tax-the-rich proposals are being promoted by Democrats in Congress. Rather than provide a balanced look at those proposals and their potential impact, CNBC.com boosted the calls to raise taxes on the wealthy. A 9-minute, 37-second video published Feb. 8, cited the different “tax the rich” proposals of Rep. Alexandria Ocasio-Cortez, D-N.Y., Sen. Elizabeth Warren, D-Mass., and Sen.…

Journalism, particularly newspaper journalism, is a struggling industry — beset by lost advertisers and layoffs. Trust for media also “is at an all-time low,” according to the Knight Commission on Trust, Media, and Democracy. Forbes contributor Michael Posner reacted to the Knight Commission report urging a “domestic Marshall Plan for journalism.” He added that “democracy demands it.” The Knight…

Going “green” will require a lot of green, apparently. Two U.S. legislators have a proposal designed to require substantial changes to every building in the U.S., create rail “at a scale where air travel stops becoming necessary,” replace all “combustion engine-vehicles” within a decade, and guarantee everyone a “job,” higher education, “healthy food,” and much more.

If progressives get their way, it won’t matter how “f---ing bad” Bruno Mars and Travie McCoy want to be billionaires.They won’t be, and neither will anyone else. Now that democratic socialist Rep. Alexandria Ocasio-Cortez, D-N.Y., and others are publicly declaring “billionaires are bad” and a system that allows billionaires to exist is “wrong,” the far lefties in the news media are daring to…

Stocks “rebounded in spectacular fashion in January,” but anyone reliant on network news programming may not have noticed since the networks proved yet again to care far more about bad economic news. ABC, CBS and NBC evening news shows covered the bad news for stocks in December and January more than four times more than positive market news during that time (1,745 seconds to 422 seconds or 29…

January was a “blockbuster” month for job gains, in spite of the government shutdown. The 304,000 jobs added was nearly twice as many as the 172,000 forecasters anticipated. Only it didn’t appear that way on the broadcast evening news shows.

Sen. Elizabeth Warren, D-Mass., defended her call for an “ultra-millionaires” annual wealth tax as “how the system is supposed to operate,” and “part of the social contract” of America in a CNBC interview. Wait, since when did wealth redistribution and punishing the wealthiest by instituting a new tax to take $2.75 trillion away from them for what they’ve accumulated become part of the “social…

Media mogul and former Mayor Michael Bloomberg may or may not be running for president in 2020. But in either case he’s building what The Atlantic called “the most powerful political organization in America” designed to defeat President Donald Trump. He already has a tremendously powerful media empire. It includes TV, magazine, radio, online and industry publications. Bloomberg News publishes 5,…

Former Starbucks CEO Howard Schultz’s potential third party bid for president has freaked out liberal media outlets including CBS. But that wasn’t always the media's attitude. In 2018, CBS This Morning wanted to know if he’d run for office and joked about “President Schultz” — when they assumed he’d run against President Donald Trump as a Democrat.

Left? Lefter? Leftist? In the quest to see which candidate can be the most liberal, Democratic presidential candidate Sen. Elizabeth Warren called for an “ultra-millionaire tax” to force the wealthy to fork over more to the government.

U2 frontman Bono at least partly defended capitalism at the 2019 World Economic Forum meeting in Davos, Switzerland. His remarks came just days after outspoken Rep. Alexandria Ocasio-Cortez, D-N.Y. attacked the “system” and ranted against the coexistence of billionaires and poverty.