A Huge Dow Milestone: NBC, ABC Ignore, WashPost Downplays
Business
For the first time in its 121-year history, the Dow Jones Industrial Average gained more than 5,000 points in a single year, according to CNBC. The major stock index set that record Dec. 18, following a 140-point rally and a new record closing high. CNBC.com also noted that there had been 70 closing highs for the DJIA in 2017.
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Acosta Blasts Tax Reform: GOP Could Suffer ‘Unintended Consequences’
Moments after the final passage of Tax Cuts and Jobs Act, CNN senior White House correspondent Jim Acosta dumped cold water on the new law, declaring that Republicans could suffer “unintended consequences because there were hardly any hearings on this, because there wasn’t much discussion in the public” concerning the “deeply unpopular” bill.
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S.E. Cupp Battles Dem Congressman for ‘Scaring’ Voters on Tax Reform
With Congressional Republicans and President Trump set to score a massive win before Christmas with their tax reform bill, Democrats and their liberal media lapdogs were letting loose with their smear and fear campaign. But During HLN’s Unfiltered, host S.E. Cupp called out California Democrat Ted Lieu for trying to recklessly scare voters into thinking the bill was going to hurt them when, in…
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CNN Touts Anti-Tax Cut Public Sentiment It Helped Foment
In the lead-up to Congress passing the Republican tax cut plan, various CNN shows on Tuesday played up a CNN poll finding that 55 percent of Americans oppose the proposal. Such public opposition is hardly shocking given that dominant left-leaning media outlets like CNN have pushed negative spin against the tax cut proposal -- a fact noted by Louisiana Republican Senator John Kennedy just this…
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Get Your Popcorn: Tur Gets Annihilated by Brat in Tax Policy Debate
On Tuesday afternoon, MSNBC Live host Katy Tur reinforced the notion held by some that, quite simply, she’s not ready for primetime when it comes to being a substantive host. The latest example came when her far-left economic views ran into a buzzsaw against Republican Congressman and former economics professor Dave Brat.
Yes, Good Economic News was ‘Underreported‘ in 2017
Business
White House Press Secretary Sarah Sanders asked on Twitter Dec. 17, “Which is the more underreported story of @Potus Year One? -Defeat of ISIS -Booming Trump economy.”
Her complaint about the economy was certainly correct. In fact, the very next day all three network newscasts ignored the news that the Dow Jones Industrial Average gained 5,000 points in a year for the first time in history. CBS…
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Boom: GOP Senator Calls Out CNN's 'Negative' Bias Against Tax Cut
On Tuesday's New Day on CNN, as Senator John Kennedy appeared as a guest to discuss the Republican tax cut plan, the Louisiana Republican implicated the "negative" media coverage of the proposal after host Chris Cuomo brought up a CNN poll finding that most Americans oppose the plan.
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Mitchell Frets Trump Speech Ignored Climate Change, TPP, UN Consensus
NBC News chief foreign affairs correspondent Andrea Mitchell played the role of Obama administration hack on Monday afternoon, bewailing President Trump’s national security speech as a rejection of his predecessor’s world view on everything from climate change to Israel to trade to the United Nations.
Wait, What? Columnist: Tax Bill ‘the Worst Since Fugitive Slave Act'
Liberal columnist aren’t good at subtlety when objecting to conservative and Republican goals. Philly.com journalist Will Bunch on Monday argued that the GOP tax cut bill is the worst since... the Fugitive Slave Act. Yep. Cutting taxes across the board is the same as requiring states return fleeing slaves to the horror they escaped from.
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Ruhle: 'Income Inequality Is the Biggest Issue That Plagues' U.S.
On Monday's MSNBC Live, host Stephanie Ruhle -- also a business correspondent for NBC -- was inserting a left-leaning view of economics into the discussion of the Republican tax cut plan as she proclaimed that "income inequality is the biggest issue that plagues this nation -- one of the biggest issues." Right-leaning MSNBC contributor Bret Stephens had a mixed view of the plan as liberal…
Top 10 Ways Media Distorted Business, Economic News in 2017
Business
Liberal media bias has existed for years, but in 2017, it appeared to reach unprecedented levels given the media’s hostility to President Donald Trump. The media distorted many stories in 2017, in many different ways. They ranged from lies such as Al Gore’s claim that “Superstorm Sandy” proved a global warming prediction from An Inconvenient Truth was true, to using Big Bird to mislead about…
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ABC Goes All-In on Trying to Sink GOP’s ‘Nightmare’ Tax Reform
After making completely false claims about the GOP tax reform bill on ABC’s Good Morning America earlier on Sunday, Clinton lackey George Stephanopoulos spent most of This Week leading the discussion tearing it down. After spending a couple minutes smearing the bill in his opening monologue, Stephanopoulos interviewed Texas Republican Senator John Cornyn where one of his first questions involved…
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Stephanopoulos Lies, Says SALT Deductions Being ‘Eliminated’ By GOP
Listening to the concerns of the average American, Congressional Republicans announced on Thursday that they planned to keep popular tax deductions for student loans and medical expenses while adding a $10,000 cap to state and local tax deductions (SALT) in their tax bill. But ABC’s prominent Clinton lackey, George Stephanopoulos either didn’t get the memo or was out to mislead the public during…
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MSNBC's Steele Blames Republicans When Dems 'Have to Raise' Taxes
Appearing as a guest on Saturday's MSNBC Live, frequent Republican guest and MSNBC contributor Michael Steele was critical of Republicans pushing to cut taxes and blamed GOP tax cuts for making Democrats "have to raise" taxes later. He also declared that, while congressional Republicans present the tax cut plan as a "Christmas present," it actually amounts to "coal." Host Alex Witt was also…
