Economy

The circus came to California a long time ago, and there are no signs it’s packing up any time soon. Some recent examples: California lawmakers set up a reparations panel for “black descendants of slaves” even though California was never a slave state. California has a budget deficit of close to $50 billion, and some put the price tag of the panel’s reparations recommendations at $800 billion…

Remember how President Joe Biden’s henchmen in the media peppered the American people with around-the-clock propaganda about how star-spangled awesome the Biden economy supposedly was because of jobs growth? A new report just blew apart that house of cards.

Leftist outlets like The Atlantic seem to have a bad habit of yanking the most insane political ideas out of the ether to make them sound less nutty than they are. Its recent treatment of “degrowth communism” to fight climate change is no exception.

In a surprising turn of events, Thursday's CBS Mornings covered the growing issue of the housing market, especially in swing states, and an economic crisis that ripples through the rest of the economy. Even more admirable was political correspondent Ed O’Keefe explaining how crucial this topic will be in the next election.

President Joe Biden makes no speech without mentioning the importance of democracy in our nation. We would like to believe this comes from deep ideals about human liberty lodged within our president. But more accurate is that Biden, a politician all his adult life, is defined by just that — politics. No word, no act emanates from our president that does not emerge from some political…

Wednesday morning’s airing of NBC’s Today included a segment exploring the purported rise of consumer confidence in May. The show’s hosts were joined by senior business correspondent Christine Romans, who broke down the contributing factors and came to the conclusion that people were acting confidently through their spending, while simultaneously not taking into account that goods and…

The New York Times Bidenomics apologist Paul Krugman took a detour from regurgitating his usual awful economic takes — AGAIN — to throw another fit over climate change “denial.”

Javier Milei is a rock star. The president of Argentina was, in fact, in a Rolling Stones cover band as a teen. But now he plays stadiums — like Buenos Aires’ 8,400-capacity Luna Park — as a political phenomenon, a charismatic cross between Donald Trump and Milton Friedman. Except that Milei, a former economics professor himself, is more free-market than Friedman, in theory at least.

According to a new Harris-Guardian poll, more than half of Americans think that we are currently experiencing a recession, but on Thursday, MSNBC’s host of The 11th Hour, Stephanie Ruhle could not seem to believe why people would believe that.

If your goal was to find some of the most tone-deaf analyses of how Americans were feeling about living under Bidenomics, look no further than MSNBC’s Stephanie Ruhle. After previously asserting that Americans’ “dirty little secret” was that they were weathering President Biden’s inflation just fine, she was back during Tuesday night’s The 11^th Hour to tell the poors that…

Donald Trump’s first election redrew the map of American politics; suddenly Pennsylvania and Michigan were in the Republican column for the first time since the 1980s. But they didn’t stay there: The Rust Belt states that made Trump president in 2016 sent Joe Biden to the White House in 2020. That second Trump election also redrew the map, this time forfeiting two Sun Belt states that had been…

The story of Red Lobster’s bankruptcy, as reported by CBS, is ultimately about inflation. But that lede gets buried a minute into the report, in the hopes that the viewer won’t notice at all.

A restaurant owner minced no words on the immense costs that are devastating his business as inflation continues to harm both owners and customers under President Joe Biden. 

This week marked a rare occasion in which President Biden remained at the White House all five weekdays and thus allowed for five press briefings from the ever-inept press secretary, Karine Jean-Pierre (and John Kirby only serving as a crutch on Friday). The questions were, not surprisingly, all over the place given the lunacy of the week, ranging from accusing Jews of genocide to harassment…