Kudlow Schools People ‘Painting a Picture of Economy’ in Recession
Business
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 &…
Nightly News Skips Dow at 27,000, Other Nets Spare Just Seconds
Business
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.
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Media Worry Faith in American Dream May Hurt 2020 Dems
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…
WSJ: Low-Skilled Workers Are 'Winners' in Current Economy
Business
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’s Harwood Dines with O’Rourke in Softball Interview
Business
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…
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Nets Ignore CBO Report: $15/Hour Could Cost Almost 4 Million Jobs
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…
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Kid Lays Out Capitalism vs. Communism in Stranger Things, Season 3
Culture
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.
Business Media Pitch Wall Street as Pro-Warren
Business
The left have cheered Sen. Elizabeth Warren’s (D-MA) rise in the polls after the Democrat debates. Now they have pronounced her Wall Street’s choice for the 2020 presidential election. Bloomberg reporters Lananh Nguyen and Tyler Pager on July 3 praised Warren for drawing support from a “small but growing circle of senior bankers and hedge fund managers” on Wall Street. They presented Warren as…
Evening News Shows Ignore Record 10-Year Economic Expansion
Business
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 “…
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Futuristic HBO Drama Lambasts Trump, ‘Old Men In Power Forever'
Culture
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.
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CBS Touts Blue States Passing New Taxes, Plastic Bag/Straw Bans
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.
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Anchor Knocks Dems for Criticizing 10-Year Economic Expansion
Business
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…
Chase CEO Credits Trump, Tells Yahoo Tax Reform Was 'Needed'
Business
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 Offers Liberal Economic 'Facts' Before Debates
Business
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.”
