Economy

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…

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."

Here's a suggestion. How about setting up some high school rifle clubs? Students would bring their own rifles to school, store them with the team coach and, after classes, collect them for practice. You say: “Williams, you must be crazy! To prevent gun violence, we must do all we can to keep guns out of the hands of kids.”

White House Director of the National Economic Council Larry Kudlow called himself a “happy camper” about the state of the U.S. economy and criticized those making it sound like the country is in recession. “I do want to say and repeat that the U.S. economy is very strong and that’s what the jobs report [shows], and wages are rising,” he told anchor Stuart Varney on Fox Business’ Varney &…

Wall Street experienced another record-setting day July 11, as the Dow Jones Industrial Average closed above 27,000 for the first time ever. But you would know little about that new record if you were watching the three broadcast evening news shows that night. And nothing at all if you watched NBC Nightly News.

On her 9:00 a.m. ET hour show on Thursday, MSNBC anchor Stephanie Ruhle highlighted a recent New York Times article about a study finding that, despite facing economic challenges, southerners in the U.S. still believe strongly in the American dream of lifting oneself out of poverty without major government intervention. The article fretted that such attitudes “could complicate Democratic efforts…

The left love to complain that recent economic growth has only benefited people at the very top and left the middle class and the poor behind. The Wall Street Journal just found more evidence to the contrary. “The fortunes of low-skilled workers have turned up markedly” amid the longest economic expansion in U.S. history and a near-record low in unemployment, Journal chief economics commentator…

CNBC editor-at-large John Harwood didn’t just interview 2020 Democratic candidate Beto O’Rourke about the economy July 5. He literally asked questions while eating Mexican food with the candidate. That jovial setting was perfect for the easy and friendly interview Harwood conducted. Harwood often lets his liberal views show on CNBC. CNBC.com described the interview as O’Rourke “filling in the…

In a 48-page report out Monday, the non-partisan Congressional Budget Office released their analysis of the Democratic “Raise the Wage Act” to increase the minimum wage to $15 per hour. One of the main takeaways from the report was that almost 4 million jobs (3.7 million) could be eliminated by 2025. Of course, since the liberal media have backed this Democratic Party effort, none of the network…

Fans of Netflix's Stranger Things might remember Erica Sinclair, Lucas' little sister who stole the show in season two. She's back in season three and an absolute American hero. Not only does she join the team to save the world from the Russians, she makes sure everyone understands that it's all about capitalism versus communism. 

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 “…

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.