Some media outlets pounced on economic growth in the second quarter because it was slower than the first quarter, but a MarketWatch columnist called it a “head fake” and not an indication of a “slump.” Columnist Rex Nutting wrote, “Contrary to what you may read elsewhere, the U.S. economy did not slump in the second quarter of the year.” Growth was a “soft” 2.1 percent after a first quarter rate of 3.1 percent, but in his view not as bad as some represented it to be.
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 Founders of the United States of America warned against massive federal debt, but, to our detriment, their political descendants are not paying attention. The Founders speak to us from their graves to condemn and warn of the consequences now that President Trump and Congress have come to an agreement about lifting the meaningless “debt ceiling” and increasing already massive federal spending and the debt, which is at $22 trillion and growing rapidly.
Let's think about priorities. Say that you live in one of the dangerous high crime and poor schooling neighborhoods of cities like Chicago, Baltimore, Detroit, or St. Louis. Which is most important to you: doing something about public safety and raising the quality of education or, as most black politicians do, focusing energies upon President Donald Trump and who among the 20 presidential contenders will lead the Democratic Party? The average American has no inkling about the horrible conditions in which many blacks live. Moreover, they wouldn't begin to tolerate living under those conditions themselves.
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.
The New York Times will go to great lengths to whitewash international Communism, either by leaving out atrocities committed in its name or by demonizing America’s side of the Cold War. The latter strand was in evidence on the front page of Sunday’s New York Times in international trade and economics reporter Ana Swanson’s “Red Scare Grows in Washington, Now With China as Boogeyman," which reduced America's Cold War strategizing to a "paranoid...Red Scare."
Near the end of its evening newscast Telemundo, NBC’s Spanish-language affiliate network, recently had the temerity to treat its viewership to two and a half minutes of good news. Three cheers for a buoyant economy in which Latinos make up 63% of new homeowners in the United States.
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.”
Elizabeth Warren is trying to portray herself as the serious candidate with a left-wing plan to address the nation's issues. On Thursday, CNN Newsroom hosts Poppy Harlow and Jim Sciutto were joined by CNN correspondent MJ Lee to discuss Warren's Wall Street proposals in a segment that ended with Sciutto stating that the plan was not far-left "whackadoodle."
You know, there are plenty of Econ 101 students who could tell you that raising the minimum wage to $15 an hour is a bad thing for the U.S. economy. Plenty of waiters and busboys, too. So the counter argument must get away from the facts of the issue and offer something a little more emotionally-charged, like “the racist history of tipping,” in order to push for higher wages in the service industry.
On Nicolle Wallace's MSNBC show, commenting on President Trump's tweets regarding The Squad, Donny Deutsch says: "we are heading to such a dangerous place. And guess what? You look at history, it can happen here. Maybe it’s the Jews next."