Recession

CBS Sunday Morning exploited the coronavirus to whine about income inequality and how terrible capitalism is. It also speculated whether the virus itself was presenting an opportunity to change the economic system. The program, hosted by New York Governor Andrew Cuomo (D) fan Jane Pauley, used 409 seconds of airtime grumbling about America’s “worsening economic inequality.”

The ABC, CBS, and NBC morning news shows didn’t give any coverage to the unemployment rate dropping well below expectations into the single digits during their Friday edition programming.

The Big Three have made it a habit to censor news in the economy and stock market if it even has the slightest chance of making President Donald Trump look good.

Media-types like CNBC’s Jim Cramer aren't buying the “V-Shaped Recovery," but recent news in the housing market continues to support that perspective.

Americans for Tax Reform founder Grover Norquist struck down the idea that Democratic presidential nominee Joe Biden’s tax hikes will be good for people’s wallets and life savings.

One top CATO economist is letting The Wall Street Journal have it for pushing more federal bailouts for states and using liberal spin to justify it. CATO Director of Tax Policy Studies Chris Edwards slammed The Journal for pushing “a biased news story regarding state budgets” in a piece headlined “Error and Spin in Wall Street Journal Budget Article.”

 The V-shaped recovery the media said wouldn't happen appears to be happening.

MSNBC anchor Ali Velshi tried to twist Federal Reserve Chairman Jerome Powell’s remarks to NBC’s Today in March to claim that conservatives have a “fetish” about debt. Huh? Filling in for the insufferable Chris Hayes on the Monday edition of MSNBC’s All In, Velshi inundated viewers with propaganda. He spewed that GOP leaders were “pretending that there’s just not enough money…

On Tuesday's The ReidOut, MSNBC host Joy Reid was joined by contributors Anand Giridharadas and Kurt Bardella as the three trashed Republicans for trying to restrain government spending as the three all went along with the premise that Republicans do so in part out of a lack of concern for minorities.

President Donald Trump joined Fox Business host Lou Dobbs to slap back at the suggestion by some that the economy should be shut down again over the coronavirus.

When U.S. GDP dropped 9.5 percent, multiple media outlets and journalists fired off on Twitter and their headlines that second quarter GDP actually fell 32.9 percent, which was false. The 32.9 percent figure is the annualized rate of decline in GDP.

The localized lockdowns weren’t bad enough. Filling in for Margaret Brennan on the show he used to helm, John Dickerson failed to push back on Minneapolis Federal Reserve Bank President Neel Kashkari’s proposal that the entire country go into a month-long national economic shutdown. GDP fell 9.5 percent in the second quarter, and at least “30 million” are unemployed, in-part due to…

It turns out the news media can’t even report bad news without making it worse. Multiple outlets pushed a false statistic that U.S. GDP fell 32.9 percent in the second quarter. Fact: It fell 9.5 percent. Not 32.9 percent. The 32.9 percent figure is more than three times higher than what actually happened.

Fox Business host Charles Payne has had enough. He’s fed up with the anti-Trump media and their one-sided coverage of the stock market and economy. The Making Money with Charles Payne host hammered the liberal media negativity in an exclusive interview.