Economy

On Sunday's This Week show on ABC, host Jonathan Karl and Bloomberg News's Margaret Talev displayed stunning historical naivete in characterizing the tax cuts for individuals in the tax law signed several days ago by President Trump as "temporary."

Up until the moment it was signed into law, many press reports on the tax law portrayed it or strongly implied that it contained increases or virtually nothing for most taxpayers while granting big breaks to "wealthy" households (the term preferred over the genuinely accurate "high-income" label). So imagine how surprised some Americans must be to learn that the press is having a very difficult…

By now, you’ve probably heard the news. The Walt Disney Company has announced a definitive mega-deal to merge with Rupert Murdoch’s 21st Century Fox, which includes the FX cable channel and – more importantly – the 20th Century Fox motion picture studio. The deal is worth over $50 billion, and is set to close by the end of next year. It does not, however, include the FOX Broadcasting Company, FOX…

My recent columns have focused on the extremely poor educational outcomes for black students. There's enough blame for all involved to have their fair share. That includes students who are hostile and alien to the educational process and have derelict, uninterested home environments. After all, if there is not someone in the home to ensure that a youngster does his homework, has wholesome meals,…

Yes, we’ve made it to the end of another year and those of us tasked with watching MSNBC’s Hardball with Chris Matthews are still sane. With the departure of Matthews’s beloved Barack Obama from the White House, 2017 was bound to be a tough year for him with the arrival of Donald Trump’s presidency. Matthews didn’t disappoint in providing plenty of content and head-scratching moments to read here…

Throughout the entire legislative process, the liberal media were deeply invested in spreading as much disinformation about the GOP tax reform bill as possible. And now that the bill that they worked so hard to sink was actually law, NBC Nightly News spent part of Tuesday’s broadcast complaining about how confused people were and how they were in a holiday season panic following tax conversations…

As Michigan Democratic Rep. Debbie Dingell appeared as a guest on Tuesday's New Day, CNN host Alisyn Camerota at one point seemed to fret that businesses are planning to pay out bonuses after the tax cuts were passed as a way of making their employees grateful to Republicans for their pay increase and coax them to vote for the GOP -- and that the ploy might succeed.

On Sunday morning, Thomas Beaumont and Nicholas Riccardi at the Associated Press did all they could to convince readers that the tax bill just passed by Congress and signed by Donald Trump isn't seen as a big deal and has no genuine enthusiastic support (even though they found some) among those who voted for him in 2016. They predictably claimed that the law bestows "its richest benefits on…

The Republican tax plan may have passed Congress and been signed by President Trump, but that’s not stopping the New York Times from slamming it as a fairy tale that will doom the GOP in the 2018 congressional elections. On the front of Thursday’s Times, Patricia Cohen insisted that President Trump’s “Rosy Forecast for Economy Defies Evidence.” Friday’s front page featured reporter Jonathan…

British royal Prince Harry and actress Meghan Markle’s new engagement photos were a small part of all three network evening news shows on Dec. 21. But their news dwarfed coverage of U.S. economic growth (GDP), which got only 9 seconds.

MSNBC’s Hardball host Chris Matthews spent Thursday’s show doubling down on his clownish tirades from the night before, suggesting this time that the GOP’s tax reform celebration at the White House was akin to “a North Korean parade” led by a President similar to Ethiopian dictator Haile Selassie. In a tease for a segment on tax reform, Matthews continued to melt down over Republicans having “no…

Following the Republican victory in passing sweeping tax cuts for all American taxpayers on Wednesday, they and President Trump held a gathering at the White House where they touted their win before the press. During the various victory speeches from Republican members of Congress, nearly all of them praised the President for his leadership.

Before the question, how about a few statistics? The 20th century was mankind's most brutal century. Roughly 16 million people lost their lives during World War I; about 60 million died during World War II. Wars during the 20th century cost an estimated 71 million to 116 million lives. The number of war dead pales in comparison with the number of people who lost their lives at the hands of their…

Good news for the economy came quickly on the heels of the Republican-driven tax bill. AT&T, Boeing, Wells Fargo, Comcast and others announced employee bonuses or wage increases, additional contributions to training, charitable efforts and facilities, and U.S. investment. Some directly attributed the decision to changes that will affect them in the tax legislation.