Wages & Prices
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 okay.” But Cuban didn’t put his stock in socialism:
Anchoring his eponymous Saturday morning show on MSNBC, NBC business correspondent Ali Velshi gave a commentary in which he called for the U.S. to exploit the coronavirus pandemic to enact permanent welfare policies to fix the country's capitalism which he alleged is "broken."
Leave it to the liberal media to take the good news of the February jobs report and try to throw cold water on it as quickly as possible by pounding on coronavirus fears. MSNBC's Maddow Blog, NBC News, The New York Times and The Washington Post all wrote liberal spin stories on the latest jobs report by the Bureau of Labor Statistics. The job numbers showed that the economy added a whopping 273,000 nonfarm payroll jobs, smashing expectations.
Over the weekend, MSNBC host Ali Velshi -- who has also served as a business correspondent for NBC -- was very upfront about some of his liberal views on economic issues as he not only declared himself to be a "huge proponent" of a Canadian-style single-payer health care system, but he also voiced agreement with liberal activist Reverend William Barber's push for more government intervention to fight poverty.
Liberal billionaire Warren Buffett, who’s been fairly quiet this election cycle, took to CNBC to weigh in on the Democratic primary races. As it turns out, even The Billion-Dollar King of Abortion found self-proclaimed socialist Sen. Bernie Sanders (I-VT) too left-wing.
Joe Scarborough of MSNBC’s Morning Joe distorted an Axios report on President Donald Trump’s economy to credit former president Barack Obama. The show ran a segment defending Obama’s tweet congratulating himself for today’s booming economy.
Former President Barack Obama, touting his own economic magic wand, tried to take credit for the Trump economy. Obama sent out the self-congratulatory tweet February 17. He said that, “Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.”
The New York Times published a rather shocking article for Saturday’s newspaper. Online, the headline was an attention-grabber: "Black Workers’ Wages Are Finally Rising -- Their pay is increasing after a decade of stagnation. One man’s story shows the hope — and limitations — with that shift." Wait. So black workers’ wages stagnated....all through the Obama presidency. This is NOT the headline that made the Saturday paper,
The latest Bureau of Labor Statistics (BLS) report found that the Trump economy is continuing to pump jobs into the market. And yet, still no evidence of the recession the liberal media have been howling about. The most recent jobs report found that the U.S. economy added 225,000 nonfarm payroll jobs for the month of January, destroying economists’ expectations of 158,000 jobs
Forget the liberal media’s scrambling to throw cold water on President Donald Trump’s State of the Union Address. CNBC host of Mad Money Jim Cramer gave high praise for Trump’s economy, a major focus of the president’s speech Tuesday.
What was going on CBS Tuesday night during the State of the Union? In their post-speech reactions, CBS journalists praised the “master showman” President’s “incredible remarks” that, while “restrained,” showcased “a strong record on the economy” and “emotionally compelling stories” about “great Americans.” Even more surprisingly, the praise was juxtaposed with condemnation for Democrats.
On Monday, Rep. Alexandria Ocasio-Cortez, (D-N.Y.), sat for a discussion with author Ta-Nehisi Coates. She dropped a number of shocking statements -- statements that elicited nothing but murmurs of agreement from Coates. AOC claimed: “No one ever makes a billion dollars. You take a billion dollars.” How, pray tell, are American billionaires responsible for such massive theft? According to AOC, the very mechanisms of capitalism mandate such theft.