Economy
Socialist Promises
May 22nd, 2019 10:30 PM
Presidential contenders are in a battle to out give one another. Senator Elizabeth Warren proposes a whopping $50,000 per student college loan forgiveness. Senator Bernie Sanders proposes free health care for all Americans plus illegal aliens. Most Democratic presidential candidates promise free stuff that includes free college, universal income, "Medicare for All" and debt forgiveness.
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NBC: Strong Economy a ‘Myth’ to Hungry and Homeless College Students
May 21st, 2019 1:41 PM
On Tuesday, NBC’s Today show seized on a highly questionable survey claiming that many college students across the U.S. were being forced to choose between “tuition or food.” Correspondent Jacob Soboroff even went so far as to claim that “The strong U.S. economy is a myth to many American college students.”
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Jim Cramer: Talking Heads Fail to Understand China Trade War
May 18th, 2019 10:22 PM
We are currently hearing a lot of doom and gloom about the trade war with China from the media talking heads, particularly on MSNBC and CNN. Their big claim is that President Donald Trump has put the United States at a disadvantage by raising tariffs on Chinese goods in an effort to get China to lower their tariffs and other barriers on American exports to that country. However, CNBC's Jim Cramer…
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Gutfeld Rips NYT for Trying to Make an Old Trump Story a New Scandal
May 12th, 2019 10:28 AM
After The New York Times published their story last week about President Trump losing $1 billion in the 80s and 90s, did you feel like you already knew about that? So did everyone else, because Trump’s financial problems during that time were well documented. So, during his late Saturday night show, Fox News Channel host Greg Gutfeld ripped into the Times for trying to drop “a bombshell…
Discrimination and Disparities II
May 8th, 2019 7:22 PM
Last week's column discussed Dr. Thomas Sowell's newest book Discrimination and Disparities, which is an enlarged and revised edition of an earlier version. In this review, I am going to focus on one of his richest chapters titled “Social Visions and Human Consequences.” Sowell challenges the seemingly invincible fallacy “that group outcomes in human endeavors would tend to be equal, or at least…
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Univision Out to Lunch on Record-Low Hispanic Unemployment
Latino
May 7th, 2019 6:49 PM
During the Trump administration Hispanic unemployment has hit five all-time record lows, but the nation’s number one Spanish-language television newscast, Noticiero Univision, once again blew off the latest blockbuster economic news for the country’s largest minority group, which participates in the American labor force at a higher rate than any other segment of the U.S. population.
April Exceeds Expectations, 3.6% Unemployment Lowest Since ’69
Business
May 3rd, 2019 3:06 PM
April was a great month for jobs with another upside surprise.
CNN reported on May 2, that it was expected to be “a healthy but unspectacular” 185,000 jobs. Unemployment was expected to remain at 3.8 percent. MarketWatch was expecting a “robust increase” of around 213,000 jobs.
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MSNBC Laments Strong Economy as ‘Challenge’ for 2020 Dems
May 3rd, 2019 12:45 PM
Just minutes after the April jobs report was released Friday morning, showing the unemployment rate dropping to its lowest point since 1969, MSNBC fretted that the booming economy would be a serious political “challenge” for Democrats in 2020. Anchor Chris Jansing went to work trying to take credit away from the Trump administration and downplaying the numbers.
‘Comrade Syrio’: ‘Game Of Thrones’ Actor Angered By Socialism Joke
Culture
May 2nd, 2019 3:34 PM
Who said lefties don’t have a sense of humor? Well, no one really ever had to say it, because it’s painfully obvious that none of these folks can take a joke, especially about their precious and “totally misunderstood” socialism. In response to the Daily Wire posting a Game of Thrones meme lampooning the economic system beloved by progressives, Thrones actor and apparent left wing nut Miltos…
Discrimination and Disparities
May 2nd, 2019 1:37 PM
My longtime friend and colleague Dr. Thomas Sowell has just published a revised and enlarged edition of “Discrimination and Disparities.” It lays waste to myth after myth about the causes of human differences not only in the United States but around the globe. Throughout the book, Sowell shows that socioeconomic outcomes differ vastly among individuals, groups and nations in ways that cannot be…
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Nets Ignore Omar Blaming America for Venezuela’s Socialist Chaos
May 2nd, 2019 9:00 AM
The media has chosen, so far at least, to ignore more anti-American comments from U.S. Rep. Ilhan Omar (D-MN). In an interview May 1, Omar attacked the U.S. for being the reason why its citizens were starving and getting mowed down in the street by its socialist government regime. Her absurd and anti-patriotic comments are just the latest she’s made attacking the country she’s supposed to be…
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MSNBC’s Ruhle Cries: Don’t Let ‘Far Right’ Call Dems Socialist
April 30th, 2019 3:09 PM
On her MSNBC show Tuesday morning, anchor Stephanie Ruhle was upset by news that some normally liberal-leaning Wall Street executives were distancing themselves from the field of 2020 Democratic candidates, fearing their far-left, socialist views. Rather than acknowledge that several of the presidential contenders were out of the mainstream, Ruhle instead blamed the “far-right” for creating…
Two Out of Three Evening Shows Omit GDP ‘Whopper’
Business
April 30th, 2019 10:13 AM
The U.S. economy grew so much more than expected in the first quarter that CNBC’s Rick Santelli called it a “whopper” and “really powerful” news on April 26. A day later, the news made the front page of The Washington Post and The New York Times.
The broadcast networks were less enthusiastic. Two out of the three evening news programs skipped the story entirely that night.
CNBC’s Santelli Lauds ‘Whopper’ 3.2% Economic Growth
Business
April 26th, 2019 2:47 PM
Economic growth bested expectations by nearly a percentage point in the first quarter, and “pushes back” against recent recession fears, according to CNBC.
“First look at first quarter GDP and it is a whopper! 3.2 percent.” on-air editor Rick Santelli announced on April 26. “A 3 handle on first quarter. It’s supposed to be the dog of the year in terms of which quarters excel. This is really…
