Economy

Jobs Growth ‘Explodes:’ ABC, NBC Give It Just 39 Seconds Combined
Business
March 12th, 2018 4:27 PM
February job gains came in at a whopping 313,000 new jobs, so much that NBC Nightly News anchor Lester Holt acknowledged it “blows away economists’ expectations.” The Wall Street Journal said expectations were at only 205,000. Unemployment also remained at the 17-year-low of 4.1 percent. But only one of the big three networks gave the good news any serious attention.

On Trump Tariffs, AP Reporter Tries to Frighten, Misquotes Economist
March 11th, 2018 10:18 PM
The Associated Press's Paul Wiseman has apparently tired of good economic news. Saturday, the AP reporter painted a frightening picture of what a trade war based on President Donald Trump's planned tariffs on a tiny sliver of U.S. imports might do to the world's economy, mischaracterizing a prominent economist's position to build his case.

Allergic to Good News? CNN Stops Tracking Trump-Era Job Growth
March 11th, 2018 4:22 PM
CNN last updated a presentation tracking job growth since President Donald Trump's inauguration on January 5, the day the government issued its December jobs report. This halt coincided with the January effective date of the GOP-Trump tax-cut law and wide expectations of significant job growth because of that legislation, and is more evidence — as if we needed any — that the network which is…

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ABC, NBC Neglect Support for Tariffs from Some Senate Democrats
March 8th, 2018 8:58 PM
As unpopular and questionable as President Trump’s new tariffs on steel and aluminum were, they did have some appeal to a seemingly unlikely group: Senate Democrats (along with a few House members). With the President signing the necessary documents in front of the cameras on Thursday flanked by American steelworkers, Senators let the press know they supported the move. But if you were only…

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CNN's Cuomo Slams Bill Taking Aim at Dodd-Frank Regulations
March 6th, 2018 1:50 PM
While interviewing Rep. Jeb Hensarling (R-TX) Tuesday morning, New Day co-host Chris Cuomo slammed a proposal that would roll back some of the Dodd-Frank regulations passed in response to the 2008 financial crisis.

Tooth Fairy Payouts Get Attention, But Nets Ignore Consumer Confidence
Business
February 28th, 2018 2:09 PM
Consumer confidence reached the highest level since November 2000, but that good economic news went unmentioned by the three broadcast networks’ evening newscasts.
ABC World News Tonight with David Muir, NBC Nightly News with Lester Holt and CBS Evening News with Jeff Glor all ignored the update from The Conference Board on Feb. 27. NBC Nightly News spent 21 seconds discussing the trivial (and…

NYT Poll: Tax Bill Approval Surges, Liberal Media Ignore, Minimize
Business
February 28th, 2018 10:19 AM
A majority of Americans now support the tax reform package passed by Congress and signed into law by Donald Trump just over two months ago. Just don’t expect the media to tell you about it.

NYT, Facebook Co-Founder Bash Capitalism: ‘Inequality
February 25th, 2018 1:56 PM
Facebook co-founder Chris Hughes, a guilt-ridden rich liberal who had an ill-fated run as owner of the liberal magazine The New Republic, was graced on Saturday with a front-page Business Day profile in the New York Times whose very headline mocks the idea of individual achievement: “Inequality: A Secret To His Success.” The subhead: “The Facebook co-founder’s rise was meteoric. He argues that…
Will Automation Kill Our Jobs?
February 22nd, 2018 11:09 PM
A recent article in The Guardian dons the foreboding title "Robots will destroy our jobs -- and we're not ready for it." The article claims, "For every job created by robotic automation, several more will be eliminated entirely. ... This disruption will have a devastating impact on our workforce."

Lefty FiveThirtyEight Whines About Deficits, But Sore Spot Is Tax Cuts
Business
February 19th, 2018 1:10 PM
The media rarely complain about deficit spending when liberals are at the helm, doling out taxpayer dollars like candy from a parade float. But once Republicans are in control, journalists can’t wait to complain.

Media Bash Trump’s ‘Hollow’ Tax Cuts ‘Backfiring On Wall Street’
Business
February 13th, 2018 5:13 PM
The February 2018 stock market correction was painful to watch, but the news media exaggerated the situation — piling on panic and blame with descriptions like “crash” and “freefall” — after ignoring most previous records.

WashPost 'Fact Checker' Defends Obama's Poor Record on Wages
February 13th, 2018 7:28 AM
The propagandists disguised as "fact-checkers" at the Washington Post unleashed pent-up frustration Wednesday when they evaluated President Donald Trump's February 5 claim that wages are, "for the first time in many years, rising." They gave Trump's claim its worst possible evaluation of "Four Pinocchios," i.e., a "whopper." Too bad for the Post that detailed work published by Reuters two days…

New York Times Bemoans Sensible Limits on Federal Regulators' Actions
February 12th, 2018 8:32 PM
At the New York Times on Saturday (Sunday's print edition), reporter Robert Pear seemed unhappy that the Trump administration is reining in an extra-legal tool used by the government's regulatory leviathan. Reading his article's headline — "Administration Imposes Sweeping Limits on Federal Actions Against Companies" — one would think that companies can now run rampant without fear of federal…

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Andrea Mitchell on Infrastructure: But 'What About' Rob Porter?
February 12th, 2018 1:56 PM
On Monday, MSNBC’s Andrea Mitchell repeatedly redirected any coverage of President Trump’s infrastructure plan back to discussions about the domestic abuse allegations against former White House staffer Rob Porter.