Recession

When CNBC reports the markets are showing signs of fighting back against the coronavirus fallout, you’d think that’d be newsworthy for sister network NBC’s evening news broadcast. Apparently not. CNBC had reported stunning results after the markets closed yesterday. The outlet noted that the Dow Jones Industrial Average and the S&P 500 “posted their best month since the 1980s.” CNBC continued…

It finally happened. A liberal outlet got around to saying this was President Donald Trump’s economy, but only because it’s being wrecked by the Wuhan coronavirus. In an April 29, Politico Playbook PM newsletter, which aggregates top headlines, Politico had this disgusting headline take the #2 spot in its list written in all caps: “PRESIDENT DONALD TRUMP’S CORONAVIRUS ECONOMY." 

Liberal New York Times economist Paul Krugman needed to dip into the graveyard of famous newspaper headlines to spit childish hyperbole at Senate Majority Leader Mitch McConnell (R-KY). Krugman went #PeakWoke at McConnell’s suggestion that states should file for bankruptcy. Ironic that the guy who wrote the Keynesian book “Arguing with Zombies: Economic, Politics, and the Fight for a Better…

Liberal outlet Politico exploited the coronavirus-induced "economic meltdown" and translated it into a political tool to be used by Democrats against Republicans to win races in Texas. In an absurd story headlined, “Economic meltdown gives Democrats new hope in Texas,” Politico bleated that “The twin economic shock of the coronavirus pandemic and a collapsing oil market has upended the political…

It looks like one big-name businessman isn’t allowing the coronavirus to dim his hopes on America’s economic strength. The Hillary Clinton supporter, billionaire Shark Tank star and Dallas Mavericks owner Mark Cuban stated in an economic-based interview on a Fox News podcast (Fox News Rundown ) that “We've had a taste of socialism right now ... giving money and redistributing wealth ... that's…

Having been a few days since there was even a noteworthy exchange between President Trump and a White House reporter, Wednesday’s Coronavirus Task Force daily briefing came through. This time, CBS White House correspondent Paula Reid was on the receiving end as the President called her reporting “fake news” and doubled down on a tweet insisting the liberal media want the economy to tank (due to…

This week, President Donald Trump began openly considering at what point the American government ought to take steps to reopen the American economy. He explained: "Our country wasn't built to be shut down. America will again and soon be open for business," suggesting that the timeline will be weeks instead of months.

Silver linings accompany most catastrophic events, and one major one with the coronavirus is the remarkable way Americans (and people throughout the world) have come together to fight this outbreak. Though the stock market has reflected a nation in panic, in other respects Americans, for the most part, have reacted responsibly, unselfishly and cooperatively, and I pray we are making substantial…

Washington -- There is a new book out that bids fair to win this year's J. Gordon Coogler Award for The Worst Book of the Year, and remember, the year has just begun. The dreadful effort is "The Ones We've Been Waiting For: How a New Generation of Leaders Will Transform America." Its author is Charlotte Alter. The book takes its dreadful title from a dreadful speech given back in 2008 by…

CNBC apparently had no problem treating Sen. Mitt Romney’s (R-UT) coronavirus plan to give “every” American $1,000 as a rational idea. CNBC came right off the bat to make the senator look like some sort of philanthropist: “GOP Sen. Mitt Romney proposed on Monday sending every American adult $1,000 to ease the financial pain of the coronavirus pandemic that has tanked global markets and threatened…

When the economy gets you down, just throw truckloads of taxpayer cash at it. At least, that’s what MSNBC Anchor Chris Hayes says Congress should do. Hayes sent out his policy prescription on Twitter in the early morning of March 13: “I increasingly convinced we need Congress to pass a trillion dollar stimulus in the next week, focused on people not industry bailouts. Probably best just direct…

MSNBC’s Joy Reid sent out a flippant tweet in an attempt to denigrate the Trump administration’s plan to direct the Small Business Administration to provide liquidity to states and small business owners through low-interest loans to provide economic relief from the coronavirus impact. Reid stated, “Who knew low-interest business loans were the key to stopping the coronavirus spread?” Fox Business…

Well, that certainly did not go as planned.NeverTrumper and “Republican political strategist” Rick Wilson made a sorry attempt to play gotcha over the coronavirus-induced market dip March 9, by sharing a tweet the same day that appeared to be from President Donald Trump in 2015. The tweet he shared called for the punishment of a sitting president if the Dow Jones Industrial Average fell “more…

Looks like the liberal blowhard HBO comedian Bill Maher may be getting his wish. Maher had been begging for a market crash and recession to occur in hopes it would oust President Donald Trump from the White House. In 2018, he sniped, “I feel like the bottom has to fall out at some point, and by the way, I’m hoping for it because I think one way you get rid of Trump is to crash the economy.”