Economy

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…

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-…

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…

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,…

For days now, NBC News has been running a series on NBC Nightly News called “My Big Idea” in which they give 2020 Democrats a chance to push their campaign propaganda with the network’s aid and largely unchallenged. Friday’s edition featured former Housing Secretary Julian Castro, who was demanding universal pre-K. And Saturday’s was about former Colorado Governor John Hickenlooper who wanted yet…

Sen. Bernie Sanders (I-VT) hit the campaign trail promoting “Democratic socialism” and claiming President Donald Trump supports “corporate socialism for the rich and powerful.” CNBC anchor Joe Kernen demanded clear definitions and answers from a Sanders adviser on June 13, attempting to learn whether democratic socialism would really mean more entitlements and government control.

The current economic expansion could “make history” if it lasts through July, but Bloomberg BusinessWeek pooh-poohed its 10th anniversary saying “no one’s partying” in the June 10 issue.

We are living in a time of increasing domestic tension. Some of it stems from the presidency of Donald Trump. Another part of it is various advocacy groups on both sides of the political spectrum demanding one cause or another. But nearly totally ignored is how growing government control over our lives, along with the betrayal of constitutional principles, contributes the most to domestic tension…

The third installment of NBC’s so-called “Big Idea” series, which they already admitted was designed to only help Democratic 2020 candidates, featured floundering New York Senator Kirsten Gillibrand and her bid to implement a national paid family leave program.

In spite of the disappointing May jobs report showing only 75,000 new jobs, MarketWatch and CNBC reported signs of continued strength in the labor market that could help ease economic jitters. MarketWatch reporter Jeffry Bartash asked, “Has the U.S. labor market really taken a big turn for the worse?” and answered, “A new pair of employment reports suggest the answer is no.” He cited a private…