CBS News online provided Democrats ammunition disguised as free advice and “facts” just ahead of their first debate. Supposedly wondering how the economy is “really doing,” CBS journalists Aimee Picchi, Alain Sherter, and Irina Ivanova glumly answered, “The first quarter of 2019 may be as good as it gets for quite a while.”
When liberal donor George Soros and several other liberal billionaires called for a wealth tax, the media swooned. Soros, Facebook co-founder Chris Hughes, heiress Abigail Disney and 15 others wrote an open letter calling on presidential candidates to adopt a wealth tax on the top 1/10 of 1 percent.
Washington Post economic editorial writer Charles Lane called out proponents of socialism citing Nordic countries as a “model” for the kind of socialism they want to see replicated by America. Because, while they are “success stories,” they aren’t really the socialist utopias claimed by liberal presidential candidates like Sen. Bernie Sanders, (I-VT). Democratic socialist Rep. Alexandria Ocasio-Cortez, (D-NY), has also claimed her policies “resemble” these countries.
When the left conducts polls, it’s not surprising to see how they can manipulate questions to obtain their desired results. Atlantic staff writer Robinson Meyer on June 21 gushed how the Democratic Party has “become more interested” in pushing forward the Green New Deal (GND) advocated by Democratic socialist Rep. Alexandria Ocasio-Cortez (D-NY). He brought up how a carbon tax was apparently no longer “climate policy’s hottest plan.”
President Donald Trump infuriated the left again on June 19, when he awarded supply-side economist Arthur Laffer the Presidential Medal of Freedom. The left’s reaction was predictably vicious. An MSNBC analyst called Laffer one of the most “destructive forces” in economics since Herbert Hoover. New York Magazine writer Jonathan Chait minced no words about his anger over Laffer’s award ceremony, calling him a “kook” elevated to “metaphysical status” within the Republican Party. He ridiculed Laffer’s theory as “provably untrue” and based on a “fake curve.”
One of the left’s favorite economic talking points is an obsession with income and “wealth inequality.” In keeping with that trend, CNBC editor-at-large John Harwood offered five approaches to “fight” wealth inequality for the “economically helpless” on June 19. Most of those five proposals were liberal solutions including suggestions for taxing those at the top, imposing a higher minimum wage and spending on infrastructure. Harwood’s left-wing bias has been on display at CNBC for years.
Multimedia journalists beware, if you create a video about a candidate’s proposal without any opposing perspectives, that’s not news and your video will look like blatant advertising. That’s exactly what CNBC’s video about Sen. Elizabeth Warren (D-MA) and her student loan plan looked like on June 14. It described Warren’s plan in detail, but only her details beginning with her words and citing others on her side.
On Saturday night, CBS Evening News ran one of the only segments on network news that spoke of the benefits President Trump taking on China with an aggressive trade policy. Janet Shamlian, a reporter for CBS News Los Angeles, visited Christopher Farms in Gilroy, California. According to the report, Ken Christopher, the operator of Christopher Farms, has actually benefited from the implementation of Trump’s tariffs.
Former Maryland Congressman John Delaney was on The View Thursday, joining the crowd of Democrat presidential candidates who have come on the show. Despite espousing many typical liberal, big government policies, he framed himself as a centrist Democrat, noting areas where his party was being extreme, fiscally. While Sunny Hostin pressed the Democrat from the left at every turn, even Joy Behar admitted she wasn’t for one of the party’s more radical bills.
The current economic expansion could “make history” if it lasts through July, but Bloomberg BusinessWeek pooh-poohed its 10th anniversary saying “no one’s partying” in the June 10 issue.
As NewsBusters reported Monday night, NBC News has launched a new report series dedicated to promoting the “big ideas” put forward solely by Democratic 2020 candidates ahead of the debates in a few weeks. Tuesday’s edition followed California Senator Kamala Harris as she campaigned in South Carolina to jack up the death tax to pay for an increase in teacher salaries.
A healthy and growing economy should be good news, but CNBC claimed it could put marriages at risk. Although the liberal media often talk, downplay, or spin economic news, CNBC provided a very strange complaint about the current “strong economy” on June 1. It warned “marriage could suffer” because of economic strength. CNBC personal finance reporter Jessica Dickler wrote that given the relative strength of the economy today, marriages could be in trouble or at risk of divorce.