There were some 2 million people crammed into downtown Toronto on Monday to celebrate the Raptors’ championship victory in the NBA finals, when shots rang out in an area containing roughly 60,000 people. Despite at least four people being shot and luckily no deaths, NBC Nightly News decided they didn’t have time to cover that story. But they did have time to promote Democratic New Jersey Senator and 2020 candidate Cory Booker’s “Big Idea” of baby bonds.
For days now, NBC News has been running a series on NBC Nightly News called “My Big Idea” in which they give 2020 Democrats a chance to push their campaign propaganda with the network’s aid and largely unchallenged. Friday’s edition featured former Housing Secretary Julian Castro, who was demanding universal pre-K. And Saturday’s was about former Colorado Governor John Hickenlooper who wanted yet another federal job training program.
Sen. Bernie Sanders (I-VT) hit the campaign trail promoting “Democratic socialism” and claiming President Donald Trump supports “corporate socialism for the rich and powerful.” CNBC anchor Joe Kernen demanded clear definitions and answers from a Sanders adviser on June 13, attempting to learn whether democratic socialism would really mean more entitlements and government control.
The current economic expansion could “make history” if it lasts through July, but Bloomberg BusinessWeek pooh-poohed its 10th anniversary saying “no one’s partying” in the June 10 issue.
We are living in a time of increasing domestic tension. Some of it stems from the presidency of Donald Trump. Another part of it is various advocacy groups on both sides of the political spectrum demanding one cause or another. But nearly totally ignored is how growing government control over our lives, along with the betrayal of constitutional principles, contributes the most to domestic tension.
The third installment of NBC’s so-called “Big Idea” series, which they already admitted was designed to only help Democratic 2020 candidates, featured floundering New York Senator Kirsten Gillibrand and her bid to implement a national paid family leave program.
In spite of the disappointing May jobs report showing only 75,000 new jobs, MarketWatch and CNBC reported signs of continued strength in the labor market that could help ease economic jitters. MarketWatch reporter Jeffry Bartash asked, “Has the U.S. labor market really taken a big turn for the worse?” and answered, “A new pair of employment reports suggest the answer is no.” He cited a private study of employment that indicated “a steady if more subdued pace of hiring during the summer” and “near-record high” job openings (7.4 million) in April, which was coupled with an “extremely low” number of layoffs.
As NewsBusters reported Monday night, NBC News has launched a new report series dedicated to promoting the “big ideas” put forward solely by Democratic 2020 candidates ahead of the debates in a few weeks. Tuesday’s edition followed California Senator Kamala Harris as she campaigned in South Carolina to jack up the death tax to pay for an increase in teacher salaries.
Shark Tank star Kevin O’Leary and CEO Gerald Storch brought a free market reality check to Democratic socialist Sen. Bernie Sanders’ arguments for a $15 minimum wage on CNBC’s Squawk Box June 6. Sanders went to Arkansas to attack Walmart over wages and demanded at its annual shareholders meeting that it raise wages even more on June 5. O’Leary and Storch both opposed a wage mandate, saying markets do a better job of setting wages than the government.
For more than a generation, James Carville's campaign maxim, "It's the economy, stupid," has been held up as an essential truth of American politics. There's no denying that a strong economy is an incumbent president's best friend. Seventy-three percent of voters currently rate the economy as a very important issue. As a result, if the economy remains strong for another 1 1/2 years, many analysts believe President Donald Trump will be favored to win reelection. On the other hand, if a recession hits next year, we will almost certainly have a new president in 2021.
Democratic presidential front-runner, former Vice President Joe Biden gave Rep. Alexandria Ocasio-Cortez’ Green New Deal a big bear hug, with the release of his 22-page climate plan June 4. The Atlantic called it a “mini green new deal” and Biden claimed it will create around 10 million jobs while reducing U.S. net-emissions to zero by 2050. Sure. Business leaders have a very different opinion about the economic impact of a Green New Deal.
On Wednesday morning, MSNBC again displayed why the stridently liberal news network has a reputation for taking in conservatives as contributors and then inspiring them to deliver commentary that sounds like it comes from the left. Right-leaning contributor George Will actually hit Republicans from the left on the issue of immigration as he and host Stephanie Ruhle conflated legal and illegal immigration without, of course, ever using the words "illegal" or even "undocumented."