Wages & Prices
On Tuesday afternoon's MSNBC Live, host Katy Tur surprisingly pressed Bernie Sanders's campaign manager from the right several times as she discussed economic policy with Faiz Shakir. As she brought up arguments that the candidate's plans to tax businesses and redistribute income would drive businesses to move to other countries, the MSNBC host either seemed like she's either finally decided to insert both sides of the issues into her show, or perhaps she's just secretly cheering for Elizabeth Warren or Joe Biden because they are perceived as more electable that Sanders.
Viewers tuning in to New Amsterdam to learn who died in the terrible ambulance accident from the spring finale will be shocked by the answers in the series premiere. What won’t shock them was that NBC’s medical drama was packed tighter with liberal views than the hospital’s emergency room was filled with patients. No change there from last season.
The Chairman and CEO of the Television Academy calls it the “platinum age of television.” Frank Scherma spoke about how connected television viewing makes friends and family as it is a shared experience. Mostly, though, these awards shows prove it is the platinum age of bloated egos and groupthink.
The lead National slot in Saturday’s New York Times was occupied by “Andrew Yang and the Passionate 2.6 Percent Lifting Him.” Reporter Matt Stevens hailed the low-polling 2020 Democrat’s plan to give $1000 a month to every American. A weirdly affectionate tone toward Yang pervaded Stevens’ piece, putting in mind his fulsome over the re-emergence of Texas politician Wendy Davis (aka “Abortion Barbie”) in July.
The next recession could bring an economic “revolution,” according to left-wing New York Times tech columnist Farhad Manjoo. He argued that when it arrives it would be “time to go full Elizabeth Warren” because of inequality.
Insisting that “a recession looms,” Manjoo fueled envy against CEOs and the wealthy — the very kind of envy that could spur such a “revolution.” Although he attached Democratic candidate Warren’s name to that kind of “radical” change, spouting off about revolution calls to mind other names like Marx and Lenin.
Yes, it´s true. People over 55 years of age are prospering across the nation. But so are Latinos - and as one Hispanic investment ace tells us, they are not the only ones, much to the chagrin of the liberal Spanish-speaking media that continue to make a case for an ailing economy about to crash and for Donald Trump to be deep-sixed.
Here's what President Donald Trump tweeted about Baltimore's congressman and his city: “Rep. Elijah Cummings has been a brutal bully, shouting and screaming at the great men & women of Border Patrol about conditions at the Southern Border, when actually his Baltimore district is far worse and more dangerous. His district is considered the worst in the USA.”
Democratic presidential candidate and New York City Mayor Bill de Blasio (D-NY) proclaimed his support for the “working people” of America, and unveiled his “Workers’ Bill of Rights” July 23. On July 24, the Fox Business Network's Bulls & Bears host David Asman consulted former Small Business Administrator Hector Barreto and others to find out how small businesses would fare under what Asman called de Blasio’s “socialist push against businesses.”
The Founders of the United States of America warned against massive federal debt, but, to our detriment, their political descendants are not paying attention. The Founders speak to us from their graves to condemn and warn of the consequences now that President Trump and Congress have come to an agreement about lifting the meaningless “debt ceiling” and increasing already massive federal spending and the debt, which is at $22 trillion and growing rapidly.
So much for the Fight for $15! Sen. Bernie Sanders, (I-VT), campaign created a PR crisis for himself after staff complaints that they were being paid “poverty wages” got leaked to the press.
That hypocrisy might have hurt him politically — if journalists had actually reported it. Although The Washington Post reported that his unionized campaign staff was upset over their pay, the networks and three national newspapers ignored the story. Staff were fighting to get the same $15-an-hour wages Sanders wants federally mandated. But all three network evening news shows as well as The New York Times, USA Today and the Los Angeles Times ignored the story between July 18 and 21, according to Nexis.
Near the end of its evening newscast Telemundo, NBC’s Spanish-language affiliate network, recently had the temerity to treat its viewership to two and a half minutes of good news. Three cheers for a buoyant economy in which Latinos make up 63% of new homeowners in the United States.
You know, there are plenty of Econ 101 students who could tell you that raising the minimum wage to $15 an hour is a bad thing for the U.S. economy. Plenty of waiters and busboys, too. So the counter argument must get away from the facts of the issue and offer something a little more emotionally-charged, like “the racist history of tipping,” in order to push for higher wages in the service industry.