President Donald Trump’s economy continues to fly in the face of the liberal media and their recession hype. A new Jan. 17 report by CNBC showed that “U.S. homebuilding surged to a 13-year high [16.9%] in December as activity increased across the board” [emphasis added]. Housing starts spiked 16.9 percent to a “seasonally adjusted annual rate of 1.608 million units last month, the highest level since 2006,” [emphasis added] noted CNBC.
Consumer confidence is the highest its been in nearly 20 years. And yet, a recent MRC analysis showed that liberal media networks only gave President Donald Trump’s economy less than one percent coverage on their evening newscasts over a period of 100 days.
While House Democrats were busy sanctimoniously walking to the other side of the Capitol to deliver the article of impeachment to the Senate, President Trump was in the White House signing phase one of a trade deal with China, officially beginning the wind-down of the years-long trade war. Despite this positive economic step that would bring relief to many Americans, CBS and NBC saw fit to downplay it and criticize the President’s praise for the deal.
A new Media Research Center analysis found that the three major network evening newscasts only gave President Donald Trump’s booming economy and U.S. trade nine minutes of coverage since the House Democrats’ impeachment push began on September 24, 2019.
The liberal media can pipe down now that President Donald Trump’s formidable economy is crushing it following his speech concerning the U.S.-Iran conflict Jan. 8.
Thursday was the U.S. stock market’s first day of trading for the 2020 election year and as Fox News Channel anchor Bret Baier said on Special Report, “stock markets picked up the new year where they left off in 2019” by setting new record highs, yet again. It was a great way to kick off the new year but as they’ve done with much of the positive economic news since President Trump took office, the broadcast networks (ABC, CBS, and NBC) completely ignored it during their evening newscasts.
For all the media brouhaha over an imminent recession in 2019, President Donald Trump’s economy has continued to stupefy prognosticators going into the new year.
It must be difficult for CNN to admit President Donald Trump’s economy is remarkable after their obsession over his impeachment. Their latest poll shows a stunning result even the liberal outlet felt compelled to concede. CNN reported on Dec. 20 that as the year 2019 closes, “the US economy earn[ed] its highest ratings in almost two decades” [emphasis added]. This, according to CNN, potentially boosts “President Donald Trump in matchups against the Democrats vying to face him in next year's election, according to a new CNN poll conducted by SSRS.”
Dr. Richard Ebeling, professor of economics at The Citadel, The Military College of South Carolina, and my longtime friend and colleague, has written an important article, “Business Ethics and Morality of the Marketplace,” appearing in the American Institute for Economic Research. Its importance and timeliness is enhanced by so many of America's youth, led by academic hacks, having fallen prey to the siren song of socialism.
Apologies to Elton John, but in Washington and throughout so much of the country, can you feel the hate tonight? House Speaker Nancy Pelosi was asked by reporter James Rosen if she hates President Trump. She responded with an “if looks could kill ” fire in her eyes and denounced Rosen for his question while claiming she doesn't hate Trump. Former Vice President Joe Biden verbally attacked and challenged an 83-year-old man in Iowa to a push-up contest at a gathering of Democrats.
While the liberal media continue their ongoing impeachment obsession, and with Speaker of the House Nancy Pelosi (D-CA) directing her chairmen to draft articles of impeachment, the jobs market and stock market continue to steamroll along. “Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today,” according to a Dec. 6 United States Bureau of Labor Statistics News Release.
The broadcast networks (ABC, CBS, and NBC) dedicated almost three and a half minutes (3:28) of their Thanksgiving eve newscasts to hyperventilating about whether or not high winds would keep the balloons in the Macy’s Thanksgiving Day Parade grounded. Meanwhile, the economic growth numbers from the summer were out and showed more positive news. NBC Nightly News was the only newscast to mention the growth, but they quickly dismissed it in favor of fretting over the trade war with China.