Economy

The networks were ecstatic when Senator Joe Manchin (D-WV) announced his support for the Inflation Reduction Act. So ecstatic, that they seemingly forgot their role as journalists, instead mindlessly parroting White House talking points about the bill despite the Joint Committee on Taxation saying it would increase taxes on people earning less than $400,000, despite the Biden administration’s…

Liberal billionaire George Soros is pushing back big time against critics of woke prosecutors that he helped elect across the country. He claimed in a recent commentary that the “agenda” of his “reform-minded prosecutors” is both “popular” and “effective.”

On Thursday, the Biden Administration reported that two key measures show inflation has risen significantly, further fueling surging prices – and economics professors are warning that, if passed, Democrat’s Inflation Reduction Act of 2022 will make matters even worse.

The liberal media’s reflex to protect Biden is yet again on display, this time with the Biden problem being that yes, indeed, the U.S. has just experienced two quarters of negative economic growth - considered by economists as the official sign the US is in a recession. But wait! That’s Joe Biden in the White House, not Trump or some other Republican! The media has quickly rolled out its…

The following are just some of the most outrageous outbursts from lefty media-types over the last month.

When the fact emerged that we've had two quarters of negative economic growth, marking a recession, the so-called "reality-based press" suddenly folded and let the Biden people "push back" at reality.

Wikipedia, a site funded by George Soros, followed the liberal media’s lead in shielding the Biden administration on bad economic news. The online encyclopedia literally redefined the word recession on its website in recent days.

Facebook fact-checker PolitiFact played the role of the village idiot by fact-checking an Instagram post that dared to slam the Biden White House for redefining the word “recession.”

A broken clock is right two times a day and on Thursday, CBS The Late Show host Stephen Colbert was that clock. Even Colbert could recognize the spin from CNN and MSNBC when it came to those networks doing everything they could to avoid claiming the economy has entered a recession after two quarters of negative GDP growth.

It is Thursday, and on this edition of Morning Joe, barely a word uttered about January 6! The main highlight this time was the GDP numbers being released, and the show’s relief host Willie Geist did not seem too happy about what these numbers represent: America in a recession.

The Associated Press pathetically tries to explain why what is now a recession according to the standard definition is not necessarily a recession.

On Thursday morning, the Commerce Department released 2nd quarter GDP numbers showing that for the second quarter in a row, the economy suffered negative growth. For any American with a basic understanding of economics, that means the United States is officially in a recession. But according to the broadcast news networks, that doesn't mean we are in a recession.

Four liberal outlets peered into their crystal balls and declared that the economy would show signs of growth, not shrinkage, just days and weeks ahead of the government’s second-quarter GDP report. 

Despite the spin from the White House and their allies in the liberal media, the Biden Recession is here and we’re living through it. But according to the cast of ABC’s The View on Thursday, only “some say we are officially in a recession” and climate change is “more important” than the financial pain and struggles of average Americans.