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CNN's Cuomo Slams Bill Taking Aim at Dodd-Frank Regulations
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
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
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
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?
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
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
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
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
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?
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.
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ABC Blames Trump Tax Cuts for Dow Plunging Twice in One Week
The Dow Jones Industrial Average dropped by over 1,000 points by Thursday's closing and the folks at ABC News were eager to place the blame on someone during World News Tonight. That someone, of course, was President Trump and the much welcomed GOP tax cuts, which were responsible for generous bonuses and wage increases across the country.
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After Belittling $1,000 Bonuses, Katy Tur Tries Changing the Subject
On Monday, shortly after President Trump asked two employees at a suburban Cincinnati manufacturer to describe their plans for the $1,000 bonuses they had received, MSNBC's Katy Tur ridiculed them on Twitter. Tur considered $1,000 a pittance, and contended that the bonus money wouldn't genuinely help the employees involved achieve their stated goals. On Wednesday, Tur responded poorly to the…
Let’s Limit Spending
Some people have called for a balanced budget amendment to our Constitution as a means of reining in a big-spending Congress. That's a misguided vision, for the simple reason that in any real economic sense, as opposed to an accounting sense, the federal budget is always balanced. The value of what we produced in 2017 -- our gross domestic product -- totaled about $19 trillion.
Super Bowl Themed Stories Get Nearly 5X the Coverage of January Jobs
Business
Two nights before the Philadelphia Eagles took home its first Super Bowl trophy, the networks were far more focused on stories related to the big game than to one measure of the U.S. economy. So pre-game stories still outranked the strong jobs report nearly 5-to-1.
