Economy

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Telemundo Reports, Univision Omit Record Hispanic Employment Numbers
Latino
October 7th, 2019 1:15 PM
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.

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NBC IGNORES Record Low Employment Rate, New Jobs Report
October 5th, 2019 1:52 PM
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.
Who Cares About You?
October 2nd, 2019 3:50 PM
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…
Youth and Ignorance
September 25th, 2019 2:14 PM
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…

Sanders Says ‘Billionaires Should Not Exist,’ Ups Wealth Tax to 8%
Business
September 24th, 2019 4:48 PM
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.

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They Back States' Rights? Nets Gripe Trump Revoking CA Emissions Regs
September 18th, 2019 11:19 PM
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.

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NBC Lets L.A. Mayor Blame Conservatives for Making Homelessness Worse
September 18th, 2019 8:59 PM
The liberal bastion of Los Angeles hasn’t had a Republican mayor in office since 2001. Yet, according to Democratic Mayor Eric Garcetti, and the silence from NBC Nightly News anchor Lester Holt, the city’s exploding homelessness problem was getting worse due to “conservative cuts to programs.”
Climate Change and the Democrats
September 13th, 2019 2:24 PM
WASHINGTON — Climate change is one of those issues that the bien-pensants around the world all agree upon. We must act! If we do not act, people will lose their beach houses. Plants will wither and die. Birds will fall from the sky. Just last week, whole communities in the Caribbean were swept away. There are, however, problems with eliminating or ameliorating climate change. For one thing,…

Bloomberg Finds Warren’s Tax Would Have Seized Half the Rich’s Wealth
Business
September 11th, 2019 2:20 PM
When 2020 Democratic presidential candidate and Senator Elizabeth Warren first proposed an annual wealth tax, she claimed it would be just “a little piece,” “a little portion” of the “bazillion” they’ve made.New evidence from her own economists revealed that her constitutionally-challenged two percent (or higher) annual wealth tax would take far more than a little. Try half or more.

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After Hyping Recession Fears, ABC Find Americans Fear Recession
September 10th, 2019 1:31 PM
On Tuesday, ABC’s Good Morning America eagerly touted the latest ABC News/Washington Post poll showing a “dramatic drop in the President’s approval rating” that “seems to be fueled by real concerns about the economy.” Following weeks of the media rooting for a recession to hurt Trump’s reelection chances, the ABC morning show appeared thrilled that tactic was working with some of its viewers.

USA Today Assails Natural Gas, Omits Links to Bloomberg, Steyer
Business
September 9th, 2019 6:22 PM
Former Mayor Michael Bloomberg and Democratic presidential candidate Tom Steyer are two of the wealthiest anti-fossil fuels crusaders. In June, Bloomberg promised to spend another $500 million eradicating coal and starting to target natural gas power plants too.
Yet, USA Today failed to connect the dots between either billionaire and the left-wing groups, including the Rocky Mountain Institute,…

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Behar Gripes, More Jobs Are ‘Not Good' If At ‘Expense of Environment!'
September 9th, 2019 2:25 PM
It’s nearly impossible for The View co-host Joy Behar to keep her anti-Trump anxieties to herself, on the rare occasion a Republican guest comes to the show. Even when there is no reason to, Behar finds a way to insert Trump into the conversation. On Monday’s show, this happened again as retiring Republican congressman Rep. Sean Duffy appeared with his wife Rachel Campos-Duffy to discuss his…

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CNBC's Jim Cramer: 'The Only People Talking About a Recession Are Us'
September 8th, 2019 7:28 PM
Have you noticed all the talk recently by the mainstream media about a recession? Of course, many members of the MSM can barely contain their glee at the prospect of an economic downturn hurting President Trump's prospects in the election next year. Well, Jim Cramer on Thursday's Squawk Box told host Joe Kernen that the only people talking about such a recession are "us," meaning members of the…

Major Media Spike New Low in Black Unemployment Under 'Racist' Trump
September 8th, 2019 10:29 AM
Continued good news on unemployment bored the networks on Friday night. As usual, they didn't note the apparent irony that they consider President Trump to be "racist" (or at least issue "racist tweets"), and yet the Labor Department reported black unemployment hit 5.5 percent, well below the previous all-time low of 5.9 percent (and it was never below 7.0 percent pre-Trump). The jobless rate for…