Evening News Shows Fail to Note Record Low Black Jobless Rate
On Tuesday, Julia Seymour at NewsBusters reported that the Friday evening news shows on all three networks spent a few seconds noting the government's somewhat disappointing but hardly alarming job-creation number for December (148,000 seasonally adjusted payroll jobs) reported earlier that day. Seymour observed that "Those same news programs (have) often underreported good economic news in the…
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CNN’s Cuomo Attacks Sanders from the Left, Trump ‘Cleaning Your Clock'
During an interview with Vermont Senator Bernie Sanders (I) on Thursday’s Cuomo Prime Time, CNN host Chris Cuomo’s rage boiled over as attacked his guest for not doing more to stop President Trump and the GOP agenda. “He's cleaning your clock on the policy matters,” he yelled, clearly agitated with the string of victories and good news for Trump and GOP.
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ABC Ignores Walmart Raising Wages to $11/Hour Citing GOP Tax Cuts
Walmart employees received some much-welcomed news on Thursday: Their hourly wage went from nine dollars an hour to eleven and on top of that, many were receiving $1,000 bonuses. The company also cited the GOP tax cuts as the reason behind the move. But instead of reporting on the great news for many workers, ABC’s World News Tonight spent two minutes and 26 seconds hyping the new movie about…
All Three Networks Highlight Lower December Jobs Report
Business
A weaker than expected jobs report managed to capture the attention of the three broadcast networks evening newscasts. That was quite a switch.Those same news programs often underreported good economic news in the past year. ABC World News skipped reporting the jobs report four times in 2017.
AP Downplays Tax Cuts: 'Millions' of Paychecks 'May Be Going Up Soon'
A Friday afternoon item at the Associated Press by reporter Marcy Gordon was supposedly meant to educate American workers about changes coming to their net paychecks next month. Instead, Gordon understated the likelihood that people will see increases in their take-home pay and played the tired class warfare card.
After Year of Economic Gains, WashPost Predicts 'Trump Recession
Business
Liberal Washington Post opinion columnist David Von Drehle is sure President Donald Trump will face “a recession, slump, or God forbid, crash” before the 2020 presidential election — despite the strong economic gains so far under Trump. Von Drehle’s Jan. 5, opinion piece, “The Trump Recession is Coming,” was littered with economic language, but revealed his political bias. Von Drehle himself is…
Media Mostly Mum As Tax Cut-Driven Bonuses, Raises Exceed 1 Million
How many companies have to announce new tax law-driven bonuses and raises before the left and some in the establishment press finally stop calling them "PR stunts" or some equivalent? It's doubtful we'll ever know, because even though announcements continued well into this past week and have crossed the triple-digit mark with over 1 million employees affected, media interest in compiling or…
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Someone Doesn’t Get Credit: CBS Touts Congress for Stock Boom
CBS This Morning journalists on Friday actually credited the booming stock market, touting it breaking 25,000 as a “wow!” moment. Yet, while Congress, tax cuts and mysterious deregulation got praise, Donald Trump’s name was never mentioned. Asked by co-host Norah O’Donnell for the cause, Hobson gushed, “Wow! That is all I can say. It’s quite a start! We broke through lots and lots of records last…
Dangers of Government Control
We are a nation of 325 million people. We have a bit of control over the behavior of our 535 elected representatives in Congress, the president and the vice president. But there are seven unelected people who have life-and-death control over our economy and hence our lives -- the seven governors of the Federal Reserve Board. The Federal Reserve Board controls our money supply. Its governors are…
Politico: Tiny Alcohol Tax Cut 'Dire'; Big Tax Cut Won't Do Much
At Politico, consistency has never been a strong point. Somehow, the just-signed tax law supposedly won't have that much of an effect on Americans' economic behavior, but there's no doubt that the bill's tiny cuts in taxes on alcoholic beverages will bring about disastrous results.
Delusional Politico: Trump Is Building on 'Obama's Economic Legacy'
This one's for the "They can't possibly believe what they're writing" file. Thursday morning, Ben White and Nancy Cook at Politico actually claimed that President Donald Trump is building "his 2018 political message by rebranding" predecessor Barack Obama's "economic legacy."
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ABC: Tax Cuts Are Temporary, Won't 'Be Realized For More Than a Year'
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."
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Bogus Tax Cut Reporting Exposed: Vast Majority's Taxes Will Be Lower
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…
What the Disney-Fox Merger Could Mean
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…
