Banking/Finance
President Donald Trump’s economy continues to fly in the face of the liberal media and their recession hype. A new Jan. 17 report by CNBC showed that “U.S. homebuilding surged to a 13-year high [16.9%] in December as activity increased across the board” [emphasis added]. Housing starts spiked 16.9 percent to a “seasonally adjusted annual rate of 1.608 million units last month, the highest level since 2006,” [emphasis added] noted CNBC.
Consumer confidence is the highest its been in nearly 20 years. And yet, a recent MRC analysis showed that liberal media networks only gave President Donald Trump’s economy less than one percent coverage on their evening newscasts over a period of 100 days.
Liberal billionaire and 2020 Democratic presidential candidate Michael Bloomberg may have just one-upped fellow liberal billionaire Tom Steyer in anti-Trump spending by being willing to burn through an unheard-of amount of money to defeat President Donald Trump.
A new Media Research Center analysis found that the three major network evening newscasts only gave President Donald Trump’s booming economy and U.S. trade nine minutes of coverage since the House Democrats’ impeachment push began on September 24, 2019.
Liberal billionaire and 2020 Democratic Party presidential candidate Michael Bloomberg has no problem imposing big-government policies on the economy. Yet Yahoo! Finance decided to pull its punches in its reporting by barely critiquing Bloomberg’s left-wing plan.
The liberal media can pipe down now that President Donald Trump’s formidable economy is crushing it following his speech concerning the U.S.-Iran conflict Jan. 8.
For all the media brouhaha over an imminent recession in 2019, President Donald Trump’s economy has continued to stupefy prognosticators going into the new year.
It must be difficult for CNN to admit President Donald Trump’s economy is remarkable after their obsession over his impeachment. Their latest poll shows a stunning result even the liberal outlet felt compelled to concede. CNN reported on Dec. 20 that as the year 2019 closes, “the US economy earn[ed] its highest ratings in almost two decades” [emphasis added]. This, according to CNN, potentially boosts “President Donald Trump in matchups against the Democrats vying to face him in next year's election, according to a new CNN poll conducted by SSRS.”
While the liberal media continue their ongoing impeachment obsession, and with Speaker of the House Nancy Pelosi (D-CA) directing her chairmen to draft articles of impeachment, the jobs market and stock market continue to steamroll along. “Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today,” according to a Dec. 6 United States Bureau of Labor Statistics News Release.
At this point, it’s no longer surprising that the liberal media aren’t willing to give President Donald Trump an inch of positive coverage, especially when approval trends shift in his favor. A new Dec. 2 report from CNBC revealed that “Sixty percent of small business owners approve of the way Donald Trump is handling his job as president.”
Good news is always welcome, especially when our own pockets are concerned. However, a recent Telemundo report about remittances from the United States to Mexico went overboard in plugging a Spanish bank with a subsidiary in Mexico.
Liberals and the media love to hate billionaires -- but without them, where would the world be today? This Thanksgiving season, we can remember some of the contributions America’s billionaires have made to impact society. People like Charles and David Koch, Bernard Marcus and Frederick W. Smith are among a billionaire class of individuals that have drawn the ire of the liberal media and some Democratic Party presidential candidates, but little coverage is given to their extensive history of philanthropy.