Towards the end of an otherwise friendly interview at Univision, DNC Chair Tom Perez was blindsided by a question for which he offered no real answer. Watch Perez scoff as Univision anchor Patricia Janiot, filling in for Jorge Ramos on Sunday political affairs show Al Punto, asks point-blank whether the Democrats can compete with the Trump Administration’s record on Hispanic employment:
On Friday, there was another positive report on unemployment in America. While the unemployment rate rose a tick to 3.6 percent, the unemployment rate for African Americans nudged down to a record low 5.4 percent. Also, the total employment level jumped to 158.5 million, also a new high. So the network "newscasts" ...skipped it entirely. ABC, CBS, and NBC offered nothing. The networks keep insisting unemployment data isn't "real news." It's somehow fake. PBS gave it 28 seconds.
Liberal economist Paul Krugman initially predicted a doomsday scenario for markets following President Donald Trump’s election on Nov. 8, 2016. Krugman initially stated in The New York Times live election blog that “[i]t really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?” Krugman further suggested that “If the question is when markets will recover, a first-pass answer is never."
CNN's Jim Sciutto took the idea that the consumer and the manufacturers ultimately pay for tariffs in the form of increased prices of imported goods to absurdly assert that the United States does not collect tariffs. It wasn't just an unfortunate slip of the tongue on the part of Sciutto because he emphasized his silly assertion twice and both times, as you can see and hear in the video, with an air of superior authority to Peter Navarro who happens to have an extensive academic background in economics.
More than 30 years after President Ronald Reagan left office, MSNBC contributor Eddie Glaude on Sunday was still blaming him for modern economic problems during a discussion of the Democratic presidential race. On Up with David Gura, as Glaude gushed over Elizabeth Warren's performance in the last debate, he even claimed that Democrats have been "complicit" along with Republicans in implementing Reaganesque economic policy.
At a White House signing on Monday, President Trump and representatives from Japan signed what the President called “the new U.S.-Japan trade agreement and the U.S.-Japan digital trade agreement.” The non-digital trade agreement included agriculture sales that would aid American farmers. After months of decrying how the President’s trade wars were harmful to farmers, the evening newscasts of ABC, CBS, and NBC completely ignored the signing.
The nation’s leading Spanish-language network newscasts offered differing versions of the latest jobs report: one positive, the other negative. One network covers the jobs report fairly and objectively. The other, blinded by its anti-Trump animus, tells only half the story and finds a way to spin the report negatively.
The jobs report that came out Friday showed that the unemployment rate dropped to 3.5 percent; the lowest in half a century. Yet, the three evening newscasts on the “alphabet soup” networks decided that this historic occasion merited little to no coverage. NBC Nightly News did not bring up the jobs report at all while the other two newscasts spent a combined 32 seconds on the economy.
During my student days at a UCLA economics department faculty/graduate student coffee hour in the 1960s, I was chatting with Professor Armen Alchian, probably the greatest microeconomic theory economist of the 20th century. I was trying to impress Alchian with my knowledge of statistical type I and type II errors. I explained that unlike my wife, who assumed that everyone was her friend until they prove differently, my assumption was everyone was an enemy until they proved otherwise. The result: My wife's vision maximized the number of her friends but maximized her chances of betrayal. My vision minimized my chances of betrayal at a cost of minimizing the number of my friends.
Camille Paglia is a professor of humanities and media studies at the University of the Arts in Philadelphia, where she has been a faculty member since 1984. Paglia describes herself as transgender, but unlike so many other transgender people, she is pro-capitalism and hostile to those who'd restrict free speech. She's a libertarian. As to modern ideas that include “gender-inclusive pronouns” such as zie, sie and zim, Paglia says it is lunacy.
If politics is like a poker game, Sen. Bernie Sanders, I-VT, just raised against Sen. Elizabeth Warren, D-MA, by proposing a wealth tax scheme even more confiscatory than hers. Punishing the wealthy is the clear object of both plans. Sanders tweeted on Sept. 24, “Billionaires should not exist” as he promoted his wealth tax plan.
The same networks that banded together to bully pro-life states earlier this year after they passed sweeping legislation to protect the life of unborn children, spent Wednesday evening whining about President Trump threatening to revoke California’s self-prescribed emissions standards in favor of a national standard.