Economy

While liberals made many different objections to the GOP’s latest tax reform plan, one former Obama and Clinton administration economist claims the plan will literally kill. Economist Larry Summers told CNBC viewers the Republican tax bill “would result in 10,000 extra deaths per year.” He appeared on CNBC Squawk Box on Dec. 4, to discuss the Republican tax bill.

Why does the tax bill promoted by the President and Republicans have low polling support? Maybe because journalists are constantly trashing it. On CBS This Morning, Monday, analyst Jill Schlesinger declared, “I think it's becoming clear that [the tax bill is] very much tilted toward corporations and the wealthiest Americans.” 

Another day, another left-wing report hammering the Republican tax plan on the front page of the New York Times, this time in the lead section on Sunday. Kate Zernike and Alan Rappeport penned one of a pair of lead stories on the Republican’s passing their tax plan in the Senate, under a headline that didn't even nod toward objectivity: “Next Objective: Cutting the Safety Net.”  

At CNBC Wednesday morning, just after the release of the government's GDP report, Squawk Box panelist Steve Liesman appeared to do everything he could to downplay the significance, and even the relevance, of the 3.3 percent annualized growth estimate. At the end of the segment, he gave away his ignorance when he expressed outrage that the tax bill currently under consideration in Congress, while…

MSNBC's Ali Velshi and co-host Stephanie Ruhle apparently gained a bit of far-left street cred in August when they fiercely berated a Donald Trump supporter with an usually strong dose of condescension, telling him that "you can't just lie on TV" about the economy. On Monday, Velshi lied about the estimated impacts on various income groups of the GOP tax plan published by Congressional Budget…

With the Senate GOP on the verge of passing their version of tax reform on Thursday, NBC Nightly News continued their week-long series where they claimed to break down the tax bills. But in reality, they only sought to stoke fears of those who weren’t familiar with it and bemoaned how Democrats had no input.

The New York Times most left-wing economics reporter attacked the Republican tax plan in Thursday’s off-lead story, “G.O.P. Tax Plan Could Reshape Life in the U.S. – More Inequality Likely – Cutbacks in Social Safety Nets, Education and Health Care." Years ago, Peter Goodman penned gloating left-wing, Marxist-tinged reports on economics for the Times, and nothing has changed upon his return:

The U.S. economy grew at a 3.3 percent rate in the third quarter, according to the latest estimate from the Commerce Department’s Bureau of Economic Analysis (BEA) released Nov. 29. Guess how much time ABC, CBS and NBC evening news shows gave that good economic news?

Appearing as a guest on Friday's New Day on CNN a year after Fidel Castro's death to promote his film about Castro's Cuba, filmmaker Jon Alpert blamed the United States for the economic failures of communism on the island country as he charged that the U.S. ruined the Cuban economy by flooding the sugar market in the 1970s.

The Left is incessantly freaking about all sorts of things - about which very little freaking is actually necessary. The Media is - by-and-large - the Left’s megaphone. About whatever the Left is freaking - you’ll find the Media freaking. Only louder, with many, MANY more outlets with which to amplify the freaking. The advent of the Internet - has exponentially increased the number of outlets…

At the Associated Press on Friday, economics writer Paul Wiseman attempted to rewrite history, pretending that "trickle down" economics is a term Republicans have used for their economic plans since the days of Ronald Reagan, and that the current GOP tax plan which has made it through the House and is being considered by the Senate is more of the same thing. In fact, Reagan's policies, which were…

When hunting was the major source of food, hunters often used stalking horses as a means of sneaking up on their prey. They would synchronize their steps on the side of the horse away from their prey until they were close enough for a good shot. A stalking horse had a double benefit if the prey was an armed person. If the stalkers were discovered, it would be the horse that took the first shot.…

During Monday’s newscast, CBS Evening News was irritated by President Trump’s position on climate change and how he was putting America at odds with the rest of the world. “At a U.N. climate conference in Germany today, the Trump administration talked up fossil fuels, including coal,” chided Anchor Anthony Mason. “That puts the U.S. at odds with 194 other nations, but some American entrepreneurs…

On Monday’s Morning Joe, the panel brought on liberal economist Jeffrey Sachs to talk about the Republican tax reform bill currently making its way through Congress. Somewhat predictably, Sachs used his platform to attack the plan as a form of “theft,” the “biggest heist in history,” and a plot by America’s “richest gazillionaires” to “bankrupt” the country for their own personal enrichment.…