Wages & Prices
The propagandists disguised as "fact-checkers" at the Washington Post unleashed pent-up frustration Wednesday when they evaluated President Donald Trump's February 5 claim that wages are, "for the first time in many years, rising." They gave Trump's claim its worst possible evaluation of "Four Pinocchios," i.e., a "whopper." Too bad for the Post that detailed work published by Reuters two days earlier had already debunked its evaluation.
On Monday, shortly after President Trump asked two employees at a suburban Cincinnati manufacturer to describe their plans for the $1,000 bonuses they had received, MSNBC's Katy Tur ridiculed them on Twitter. Tur considered $1,000 a pittance, and contended that the bonus money wouldn't genuinely help the employees involved achieve their stated goals. On Wednesday, Tur responded poorly to the outrage over her condescension by trying to change the subject.
At the Cincinnati Enquirer on Monday, reporter Jessie Balmert "fact-checked" President Donald Trump's afternoon speech at a suburban manufacturer. Balmert is the Enquirer reporter who in mid-2016 told readers that there were 220,000 U.S. murders in 2015 (actual number: 15,192). As would be expected, her Monday "fact check" was riddled with obvious errors and distortions.
On January 11, Nancy Pelosi slammed as "crumbs" the wage increases and bonuses well over 100 companies had announced at that point after the new tax law's passage in December. Thursday, she went to the same well more stridently. The establishment press, including the Associated Press, still won't report Pelosi's and others' similar comments, because they know how toxic they are.
On Wednesday, Starbucks added itself to the long list of companies announcing moves benefiting employees while crediting the tax law passed in December. The company's strong leftist pedigree is making things awkward for the left-leaning press, which has, among other things, conveniently forgotten that just three months ago, Howard Schultz, the company's executive chairman and former CEO, slammed the Republicans' tax-cut plan as "fool's gold," claiming that corporate America "does not need" a sharp cut in its top tax rate.
On Tuesday, Verizon announced that it would grant 153,000 of its 155,000 employees a bonus in the form of 50 shares of restricted stock (approximate value: $2,650), while Disney announced $1,000 bonuses for 125,000 of its cast members. Verizon also announced a significant increase in donations ($200-$300 million over the next two years) to its STEM education philanthropic effort, while Disney is "making a $50 million initial investment" (plus $25 million per year in future years) to help 88,000 employees cover college tuition costs. CNN Money's coverage of these developments still refused to fully acknowledge how unprecedentedly good the past five weeks' tax cut-driven news has been.
Reporters continue to concoct reasons to complain as more than 2 million American individuals and their families have suddenly become better off than they were three weeks ago. Even the news that the nation's largest retailer is raising its nationwide minimum wage while paying bonuses of up to $1,000 to every employee, and that an automaker is investing $1 billion in U.S. production, haven't moved cynics who refuse to concede the unconditional positivity in all of this.
In case you haven’t seen the overused, far-left, anti-Trump hashtag, #Resist enough, the extremely liberal CBS “comedy” Superior Donuts made sure to repeat it in an outrageously biased and inaccurate portrayal of the debunked gender wage gap myth on Monday’s episode, “Sofia’s Choice.” And they threw in a bit of male-bashing for good measure, too.
It takes a special talent to spin news which is unquestionably positive into something negative. But Christopher Rugaber and Josh Boak at the Associated Press were up to the task in a Wednesday afternoon report on bonuses, pay raises, and other benefits which now have been showered on well over 2 million American workers since the December passage of federal tax cuts.
When is increasing pay for hourly workers politically suspect? When are earmarks considered pork? When they are encouraged by Donald Trump, at least at the New York Times. Walmart can do no right in the eyes of the liberal paper. Michael Corkery managed to turn even the liberal-pleasing move against the despised company: "Walmart, the nation’s largest private employer, waded into the bumpy waters of partisan politics on Thursday, announcing that it will use some of its savings under the new tax bill to provide wage increases, bonuses and expanded benefits to its hourly workers."
Speaking on the Friday edition of the Fox News Channel’s Your World, MRC President Brent Bozell came out swinging against the liberal media and their refusal to cover stories of economic growth under President Trump, telling fill-in host Trish Regan they “loathe him” so much that “if he finds a cure for cancer, they'll attack him for not curing AIDS.”
Walmart employees received some much-welcomed news on Thursday: Their hourly wage went from nine dollars an hour to eleven and on top of that, many were receiving $1,000 bonuses. The company also cited the GOP tax cuts as the reason behind the move. But instead of reporting on the great news for many workers, ABC’s World News Tonight spent two minutes and 26 seconds hyping the new movie about Olympic ice skater Tonya Harding and their two-hour documentary about her.