Economy

Silver linings accompany most catastrophic events, and one major one with the coronavirus is the remarkable way Americans (and people throughout the world) have come together to fight this outbreak. Though the stock market has reflected a nation in panic, in other respects Americans, for the most part, have reacted responsibly, unselfishly and cooperatively, and I pray we are making substantial…

Anchoring his eponymous Saturday morning show on MSNBC, NBC business correspondent Ali Velshi gave a commentary in which he called for the U.S. to exploit the coronavirus pandemic to enact permanent welfare policies to fix the country's capitalism which he alleged is "broken."

Just before midnight Eastern Tuesday into Wednesday, various MSNBC guests reminded all of us that, despite the unprecedently grim state of the world, the liberal media will still act terribly and ensure NewsBusters will continue to be flush with content. Between deeming President Trump incompetent, comparing him leading to William Shatner flying a plane, and wondering if America would survive a…

A friend tweeted from Ireland (in time for St. Patrick's Day), blaming President Trump for the major decline in the value of stocks. This same friend credited Barack Obama's economic policies when the Dow Jones Industrial Averages approached 30,000. This -- and more -- is part of our political, economic and medical divide with mixed messages coming from supposed professionals, amateurs and people…

CNBC apparently had no problem treating Sen. Mitt Romney’s (R-UT) coronavirus plan to give “every” American $1,000 as a rational idea. CNBC came right off the bat to make the senator look like some sort of philanthropist: “GOP Sen. Mitt Romney proposed on Monday sending every American adult $1,000 to ease the financial pain of the coronavirus pandemic that has tanked global markets and threatened…

Eduardo Porter, economics reporter for the New York Times, equated the United States’ lack of his preferred European-style levels of “safety net” taxes and welfare spending to racism in his Sunday Review piece: “Why America Will Never Get Medicare for All.” The text box was blunter: “Racism explains why the country lacks the safety net its citizens deserve.” It’s adapted from his new book “…

You know things must be getting really bad when the networks set aside their usual blend of sensationalism and anti-Trump bias in favor of responsible journalism that seeks to calm and inform. Well, that’s what NBC Nightly News did on Monday in a report designed to ease the public’s fear about seeing countless grocery store shelves across the country left bare as throngs of people scrambled for…

When the economy gets you down, just throw truckloads of taxpayer cash at it. At least, that’s what MSNBC Anchor Chris Hayes says Congress should do. Hayes sent out his policy prescription on Twitter in the early morning of March 13: “I increasingly convinced we need Congress to pass a trillion dollar stimulus in the next week, focused on people not industry bailouts. Probably best just direct…

MSNBC’s Joy Reid sent out a flippant tweet in an attempt to denigrate the Trump administration’s plan to direct the Small Business Administration to provide liquidity to states and small business owners through low-interest loans to provide economic relief from the coronavirus impact. Reid stated, “Who knew low-interest business loans were the key to stopping the coronavirus spread?” Fox Business…

Well, that certainly did not go as planned.NeverTrumper and “Republican political strategist” Rick Wilson made a sorry attempt to play gotcha over the coronavirus-induced market dip March 9, by sharing a tweet the same day that appeared to be from President Donald Trump in 2015. The tweet he shared called for the punishment of a sitting president if the Dow Jones Industrial Average fell “more…

Looks like the liberal blowhard HBO comedian Bill Maher may be getting his wish. Maher had been begging for a market crash and recession to occur in hopes it would oust President Donald Trump from the White House. In 2018, he sniped, “I feel like the bottom has to fall out at some point, and by the way, I’m hoping for it because I think one way you get rid of Trump is to crash the economy.”

On Friday morning, the Bureau of Labor Statistics reported the economy gained 273,000 jobs in February, well above economist predictions, and the unemployment rate fell from 3.6 percent to 3.5 percent. Wage growth ticked up slightly to 3 percent for the year. But Friday night's newscasts either skipped this news (NBC) or downplayed it as stocks continued to decline (ABC, CBS, PBS). 

Leave it to the liberal media to take the good news of the February jobs report and try to throw cold water on it as quickly as possible by pounding on coronavirus fears. MSNBC's Maddow Blog, NBC News, The New York Times and The Washington Post all wrote liberal spin stories on the latest jobs report by the Bureau of Labor Statistics. The job numbers showed that the economy added a whopping 273,…