Price Gouging During a Natural Disaster
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…
As Libs Clamor for Tax Hikes, Networks Say Little
Business
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.
A Plan for Debt Relief
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,…
Networks Focus on Market Drops, Ignore Upswings — Even Records
Business
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.
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CNN's Stelter: Trump Has Fox's '24/7 Propaganda' Obama Didn't Have
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.
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Kearns Goodwin: 'You Have to Give Trump that, He's Made a Connection'
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."
Real Economics
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.
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Historically Low Unemployment Gets Attention of Hispanic TV Networks
Latino
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…
SNL Milestone Gets Double the Coverage Of 3.7% Unemployment
Business
Unemployment dipped to the lowest rate since December 1969 in September, but ABC, CBS and NBC evening news shows only spent exactly one minute combined sharing the strong economic news.
Study: Economic Boom Ignored as TV's Trump Coverage Hits 92% Negative
Over the summer, the broadcast networks continued to pound Donald Trump and his team with the most hostile coverage of a President in TV news history — 92 percent negative, vs. just eight percent positive. Nearly two-thirds of evening news coverage of the Trump presidency focused on five main topics: the Russia investigation; immigration policy; the Kavanaugh nomination; North Korea diplomacy;…
Vanity Fair Celebrates ‘Media-Savvy,’ Socialist Ocasio-Cortez
Business
New York Democratic congressional candidate and “self-avowed” socialist Alexandria Ocasio-Cortez is a liberal media darling with her $40 trillion wish list of government programs. Vanity Fair proved it again with its November issue.
That issue included the latest installment of its “New Establishment” list. Ocasio-Cortez made the list along with “Democratic hopefuls” Ayanna Pressley, Andrew…
Eco-Groups Irked NAFTA Replacement Doesn’t Mention Climate Change
Business
The absence of “climate change” or “global warming,” from the new United States Mexico Canada Agreement (USMCA) frustrated environmentalist groups, according to Huffington Post and EcoWatch. They also complained it included “corporate giveaways” to the gas and oil industry. The replacement deal for the North American Free Trade Agreement (NAFTA) was announced on Oct. 1, after months of…
Networks Ignore Fed Praise for Economy’s ‘Extraordinary Times’
Business
Federal Reserve chairman Jerome Powell expressed optimism about the “extraordinary times” for the U.S. economy right now at an event with business economists on Oct. 2.
Powell said, “The economy is strong, unemployment is near 50-year lows, and inflation is roughly at our 2 percent objective, and the baseline outlook of many forecasters in and outside the Fed is for more of the same.”
Reuters Publishes Trump-Free Story about China Cutting Tariffs
Reuters published a story on September 30 with the good news that China has begun cutting some of its tariffs. Although this is quite good news there is a mystery as to why China decided to make those cuts since until recently a trade war with the United States had been threatened.
Is there anybody responsible for this shift in trade policy? And who would that be? You can search all you want…
