Economy

In describing the GOP tax cuts, House Minority Leader Nancy Pelosi said that they and bonuses American workers were getting were "crumbs." They were "tax cuts for the rich." Some argued that the tax cuts would reduce revenues. Pelosi predicted, "This thing will explode the deficit." How about some tax facts?

At the nation’s top two Hispanic television networks, the annual “Day of the Dead” celebrations were more important than tens of thousands of Latinos in the U.S. getting jobs, and driving unemployment among Latinos to yet another record low.

As voters head to the polls this Election Day, one thing on many of their minds is the U.S. economy. They just haven’t seen much of it on the network news. The liberal media know the economy is one of the top issues for voters, yet broadcast network evening shows provided scant coverage of it the week before the elections in spite of an 18-year-high for consumer confidence and a 250,000 jobs…

With the election looming, the addition of a quarter million new jobs in October, grabbed headlines. But NBC Nightly News gave more than twice as much attention to the hot topic of celebrating Hollywood’s movie rating system.

With one week to the midterm elections, the Conference Board released its latest survey of consumers showing their confidence soared to an 18-year high and also found high expectations for early 2019. This might well surprise many news consumers given how little effort the media have spent reporting on the good economy.

The economy “charged ahead in the third quarter,” according to The New York Times. But the good news didn’t make it into the broadcast evening news coverage on Oct. 26, even though it was one of the final big economic announcements before the 2018 midterm elections.

Thirteen states -- Alabama, Arkansas, Florida, Georgia, Indiana, Louisiana, Mississippi, New York, North Carolina, South Carolina, Tennessee, Virginia and West Virginia -- have enacted laws to combat what is seen as price gouging in the wake of natural disasters. Price gouging is legally defined as charging 10 to 25 percent more for something than you charged for it during the month before an…

Tax and spend liberals are at it again. Although there were huge benefits to the 2017 tax cuts including a rise in take-home pay for a majority of American wage earners’ and hiring or investment expansions at hundreds of companies, many liberals are calling for tax hikes. Just don’t expect the networks to spell that out for voters.

As difficult as it may be to believe, there was a time when Republicans were known as the anti-debt and balanced budget party. Now, the GOP prefers to tout low unemployment as the debt soars and they are co-conspirators in its rise. It's not that Republicans (and once-fiscally responsible Democrats) lack a way out of debt; it's that they lack the will. Both parties, but especially Republicans,…

The stock markets were volatile in October, including an all-time Dow Jones Industrial Average high and some “major” falls. Unfortunately, the broadcast networks preferred to show the bad side of the economy. The network evening news shows focused on the “major selloff” and “meltdown” on Oct. 10 and 11 and ignored a record high on Oct. 3, as well as a 500-plus point gain on Oct. 16.

On Tuesday's CNN Tonight, CNN chief media correpondent Brian Stelter claimed that President Donald Trump has the benefit of getting "24/7 propaganda" from Fox News Channel which past Presidents like Barack Obama allegedly did not have as the group discussed Trump's tendency to give more interviews to Fox than to other news outlets.

Tuesday morning on CNN's New Day, liberal historian Doris Kearns Goodwin admits that President Trump has "made a connection" with his base, and that "he's made them feel that he's on their side."

A widely anticipated textbook, “Universal Economics,” has just been published by Liberty Fund. Its authors are two noted UCLA economists, the late Armen A. Alchian and William R. Allen. Editor Jerry L. Jordan was their student and later became a member of President Ronald Reagan's Council of Economic Advisers, as well as the president and CEO of the Federal Reserve Bank of Cleveland.

In a sharp reversal from what occurred this past summer, when record-low Hispanic unemployment was met with absolute silence on the nation’s leading Hispanic television newscasts, the October 5 news from the U.S. Department of Labor that the national unemployment rate had reached a nearly 50-year low and that Hispanic unemployment had fallen to a record low received significant coverage on all…