The left have cheered Sen. Elizabeth Warren’s (D-MA) rise in the polls after the Democrat debates. Now they have pronounced her Wall Street’s choice for the 2020 presidential election. Bloomberg reporters Lananh Nguyen and Tyler Pager on July 3 praised Warren for drawing support from a “small but growing circle of senior bankers and hedge fund managers” on Wall Street. They presented Warren as an “acceptable alternative” to left-leaning Wall Streeters, in contrast to the candidates who “trigger their most visceral objections.” Of course, those candidates were President Donald Trump and democratic socialist Sen. Bernie Sanders (I-VT).
The U.S. officially entered its longest economic expansion ever July 1, boasting 121 straight months without a recession beginning in June 2009. This broke the previous record stretching from March 1991 to March 2001. MarketWatch reporter Jeffry Bartash noted that the S&P 500 Index, the Dow Jones Industrial Average, and the Nasdaq Composite Index have all gained by more than 200 percent “since the start of June 2009.” And yet, the three broadcast evening news shows found no reason to celebrate the good economic news.
On the second episode of BBC’s Years and Years, which aired in the United States on HBO July 1, the woes of the Lyons family have become more catastrophic. A year has passed since the nuking of the Chinese island of Hong Sha Do in the final days of the Trump presidency, which has brought about sanctions and trade wars.
There’s nothing liberal politicians love more than increasing the size of government, enacting overbearing regulations, and limiting the choices of consumers. Those policies seemed to be fine with CBS News because Evening News fill-in anchor, David Begnaud spent some time during Monday’s newscast touting blue state and city laws that were ready to take effect.
Fox Business anchor Dagen McDowell happily announced that the U.S. entered a record-setting 10 years of economic expansion July 1. “You have more than 70 percent of people think the economy is good if not great,” she declared. She also mentioned how 70 percent of Americans “like their private health insurance from their employer,” and wondered what “advice” Democrats would use to campaign against the strong economy. “How do you push back on that, given the fact that the economy, as of today, this is the longest economic expansion in history?” she asked.
JPMorgan Chase CEO Jamie Dimon thinks President Donald Trump deserves “some” credit for the strong economy and that tax reform needed to happen, even though his “liberal New York friends would never agree.” On Yahoo Finance’s Influencers with Andy Serwer on June 27, Dimon applauded Trump’s pro-business economic agenda, especially tax cuts and deregulation.
CBS News online provided Democrats ammunition disguised as free advice and “facts” just ahead of their first debate. Supposedly wondering how the economy is “really doing,” CBS journalists Aimee Picchi, Alain Sherter, and Irina Ivanova glumly answered, “The first quarter of 2019 may be as good as it gets for quite a while.”
Left-wing Guardian columnist George Monbiot is often unhinged on climate issues. Now he’s blasted Royal Dutch Shell for extracting oil and gas that “will destroy our lives” and calling it a “planetary death machine.” Of course, his oil is evil attitude ignored all that the form of energy did to enable modern civilization’s existence and improve human life.
Washington Post economic editorial writer Charles Lane called out proponents of socialism citing Nordic countries as a “model” for the kind of socialism they want to see replicated by America. Because, while they are “success stories,” they aren’t really the socialist utopias claimed by liberal presidential candidates like Sen. Bernie Sanders, (I-VT). Democratic socialist Rep. Alexandria Ocasio-Cortez, (D-NY), has also claimed her policies “resemble” these countries.
Defending Joe Biden over his remarks about having worked with segregationist senators, Joe Scarborough says that Franklin Roosevelt did the same, and as a result, "FDR passed Social Security, passed the New Deal and he saved this country and saved poor people like my parents in the Deep South." In fact, the New Deal did nothing to "save the country." The Depression lingered after its adoption and it was only sometime after the beginning of WWII that the emerged from the Depression.
President Donald Trump infuriated the left again on June 19, when he awarded supply-side economist Arthur Laffer the Presidential Medal of Freedom. The left’s reaction was predictably vicious. An MSNBC analyst called Laffer one of the most “destructive forces” in economics since Herbert Hoover. New York Magazine writer Jonathan Chait minced no words about his anger over Laffer’s award ceremony, calling him a “kook” elevated to “metaphysical status” within the Republican Party. He ridiculed Laffer’s theory as “provably untrue” and based on a “fake curve.”
House Democrats held a raucous hearing on Wednesday, where they hosted a radical leftist writer and other supposed luminaries to make the case for the federal government to pay African-Americans reparations as an apology for slavery. Despite the ridiculousness of having the people of today pay the price of something they had no hand in some 150 years ago, the liberal broadcast networks seemed all for it during their evening newscasts.