Economy

CNN Business published an opinion piece that acknowledged soaring inflation and rising gas prices. The economist author absurdly recommended applying a band-aid to the problem, suggesting the government should spend even more money.

But in this case, the supposed cure really is worse than the disease.

Closing out another incredibly busy news week, NewsBusters deputy managing editor Nick Fondacaro and I kicked off Friday’s NewsBusters Podcast with some gloating over the sentencing of Jussie Smollett — the far-left actor who faked a hate crime on a January 2019 Chicago night in subzero temperatures — and the liberal media’s complicity in his lies. We were then joined by NewsBusters associate…

On Friday, NBC’s Today show went all in pushing false White House spin that months of record-high inflation and soaring gas prices were somehow exclusively caused by the two-week-old war in Ukraine rather than bad economic policy from the Biden administration. The coverage even parroted the President’s dishonest talking points word for word by repeating the phrase “Putin’s price hike…

The liberal media has been firing its propaganda machine on all cylinders to cover for President Joe Biden’s disastrous energy policies that helped send gas prices sky-high. It seems The New York Times, CNN, Bloomberg News and The Washington Post took a page out of White House Press Secretary Jen Psaki’s playbook with article headlines that read more like Soviet-style…

On Thursday, Fox News Digital reporter Yael Halon covered how, “MSNBC economic analyst and former Obama adviser Steven Rattner took President Biden to task on Thursday for claiming that Russian President Vladimir Putin’s war in Ukraine is responsible for the soaring inflation Americans are facing at home.”

CNBC’s on-air editor Rick Santelli has had it with the Biden administration’s gaslighting on the skyrocketing inflation plaguing the U.S. economy. The Bureau of Labor Statistics released a report March 10 showing that inflation shot up 7.9 percent on a year-to-year basis in February for the highest level in more than 40 years and slightly beat expectations.

The ABC, CBS and NBC evening news shows buried a report showing that most Americans currently live paycheck to paycheck as the cost of living continues to skyrocket. Fintech marketplace bank LendingClub released a report March 3, which stated that “[t]he number of consumers living paycheck to paycheck has increased steadily since April 2021 and was 64% in January 2022 – 12 percentage points…

CNN economics and political commentator Catherine Rampell called out the liberal media’s fairy tale that gas prices are skyrocketing mainly because of the war in Ukraine. Rampell appeared on the March 8 edition of CNN anchor Kate Bolduan’s show to explain what President Joe Biden’s announcement to ban oil and gas imports from Russia might mean for Americans. 

Billionaire socialite and TV star Kim Kardashian had some pretty blunt words of advice to give to the current generation of women in business — “work.” But she added expletives for emphasis.

In an unbelievable display of gaslighting and economic illiteracy, a Wednesday night segment on CBS Evening News tried to convince their viewers that the high prices they're paying for beef, chicken, and pork are due to "corporate greed." 

On Monday, CNSNews Blog Editor Craig Bannister reported: “At a White House event on Friday, Council of Economic Advisers chair Cecilia Rouse was thrown a softball question from a Washington Post reporter who declared that President Joe Biden isn’t getting enough credit for his accomplishments.”

A new poll obliterated the liberal media’s attempts to hypnotize Americans into believing that a leftist green agenda is preferable to lower gas prices and U.S. energy independence. But to the horror of Al Gore superfans and radical environmentalists, the eco-brainwashing does not seem to have worked on the American people.

Was it part of multimillionaire CBS comedian Stephen Colbert’s routine to look like a complete hypocrite by lecturing people about the morals of paying higher gas prices?

NewsBusters deputy managing editor Nick “Night Train” Fondacaro and I began our week of guest hosting the NewsBusters podcast by highlighting the downfall of Kremlin-funded RT and why no one should be shedding tears. We also discussed where the liberal media have failed (hint: it has to do with energy) and succeeded in reminding people of what honest journalism should look like.