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ABC Eagerly Touts Chuck Schumer’s Lefty Economic Plans
In an appearance Sunday morning on ABC's This Week, New York Democratic Senator Chuck Schumer teased his party's economic plan which will be unveiled Monday. One hopes, probably in vain, that it incorporates an understanding of basic economics. Schumer betrayed the fact that he has little to no such understanding when he declared that "gas prices are sticky," and that when the "price for oil goes…
Varney: ‘Trump Rally’ Made U.S. $4 Trillion Richer in Six Months
Business
The Dow Jones Industrial Average set its 26th record high of the year on July 19, prompting Fox Business anchor Stuart Varney to check in on the “Trump rally” and how much it boosted American wealth.
The rally began after Donald Trump’s presidential victory brought optimism that he would pursue tax reform and other pro-growth economic policies.
Media-Cited 'Trump Slump' in Foreign Tourism Has Really Been a Bump
In March and April, the press, with the help of hyperventilating tourism industry officials, warned readers and viewers that a "Trump slump" in foreign visitors to the U.S. was likely because of President Donald Trump's attempts to impose a temporary travel ban from six countries and "the negative sentiments" associated with having Trump as this nation's President. Even then, the evidence was…
Retaining Our Principles Includes Keeping Our Eyes on the Big Ball
Amid the endless media obsession with Trump scandal allegations, important policy issues are getting short shrift. Considering that the left is happy with the status quo -- the autopilot advancement of statism -- this can only please Democrats. Based on the overwhelming trend of national and state elections since 2010, the nation now firmly rejects liberal policies. Whether or not Democrats get…
NYT Worries Sanders FBI Probe Will ‘Tarnish’ Bernie’s ‘Liberal Luster'
What has been reported by many but ignored by the Big Three Networks (ABC, CBS, and NBC) is that Jane Sanders, the wife of Senator Bernie Sanders, is currently under an “accelerated” investigation by the FBI for bank fraud. And on Saturday, The New York Times was openly worried about what it could do for the Senator’s chances in upcoming elections. The investigation “is threatening to take some…
NYT’s Rappeport on GOP’s ‘Toxic Combo’ of ‘Deep’ Medicaid, Tax Cuts
New York Times economics reporter Alan Rappeport furthered the myth that Trump’s health bill would be “cutting deeply into Medicaid” spending in Thursday’s Times, “Risky Mix: Cutting Taxes For Rich and Aid for Poor.” He was harsher on Twitter: “Cutting taxes for the rich and aid for the poor is proving to be a politically toxic combo.”
Minimum Wage Cruelty
There are political movements to push the federal minimum hourly wage to $15. Raising the minimum wage has popular support among Americans. Their reasons include fighting poverty, preventing worker exploitation and providing a living wage. For the most part, the intentions behind the support for raising the minimum wage are decent.
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Restaurateur to Fox Host: Minimum Wage Has Led to 1,000 Job Cuts
At Fox Business Network on Monday, Stuart Varney interviewed Zane Tankel, the Chairman and CEO of Apple-Metro Inc., the New York City metro area Applebee's franchisee. While discussing the impact of minimum-wage laws on his business, he effectively brought up another law, the one in economics known as supply and demand, informing Varney that "We have 1,000 less servers this time this year than we…
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NYT's Friedman Frets Israel, Russia, China 'Manipulated' 'Chump' Trump
Appearing as a guest on Monday's Anderson Cooper 360 on CNN, New York Times columnist Tom Friedman tagged President Donald Trump as a "chump" who has been "manipulated" by Russia and "played" by China. He even oddly lumped in Israel as a country that has "manipulated" President Trump.
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Nets Ignore WashPost Investigation of ‘Accelerated’ Sanders FBI Probe
The Washington Post published an extensively detailed investigative report on Monday that documented the ongoing and accelerating FBI probe into the alleged bank fraud of Jane Sanders. “A federal investigation into a land deal led by Jane Sanders, the wife and political adviser of Sen. Bernie Sanders, has accelerated in recent months,” they wrote. But the Big Three Networks (ABC, CBS, and NBC)…
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CNN's Robertson Claims Merkel Chose Hamburg to Harass Trump
In one of the more bizarre segments seen in the past several weeks on CNN — and in the context of recent events and broadcasts, that's saying something — CNN's International Diplomatic Editor Nic Robertson claimed on Thursday that German Chancellor Angela Merkel chose to hold the G-20 summit in Hamburg so that Trump could "hear the voices of dissent" from protesters.
CNN Analysts Scramble to Deny Trump Economic Revival
During an economic panel discussion on CNN’s New Day Tuesday, John Berman and his guests presented highly opinionated and inaccurate economic perspective as consensus—and took every opportunity to criticize President Trump in their ostensibly apolitical analysis. In preparation for the Federal Reserve’s monetary policy report to Congress and the U.S. Department of Labor’s June employment report,…
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CBS Bemoans Lowering on Min Wage in St. Louis, Ignores Seattle Study
In late June, economists at the University of Washington published a study that showed just how harmful the $15/hour minimum wage hike was for the city of Seattle. And despite that evidence, CBS ran a story Wednesday evening bemoaning how the city of St. Louis was planning to reverse their $10/hour minimum wage hike back down to $7.70/hour. “Well, cities all over America have been boosting their…
Lefty Media’s Uber-Fringe: Touting Terrorists and ‘Day of Action’
of the very many things that has been hammered home in the President Donald Trump era - is that if the media wants to make a non-story a story, they certainly can. At least for them and theirs. No matter how ridiculous and fact-free the tale. It can be patently obvious that the “A” they are selling is actually “Not A” - but that matters not. The media floods the zone with it, and that’s all we…
