CNBC’s Jim Cramer: President Trump Is ‘Great for the Stock Market’
February 6th, 2020 10:09 AM
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.
April Exceeds Expectations, 3.6% Unemployment Lowest Since ’69
May 3rd, 2019 3:06 PM
April was a great month for jobs with another upside surprise.
CNN reported on May 2, that it was expected to be “a healthy but unspectacular” 185,000 jobs. Unemployment was expected to remain at 3.8 percent. MarketWatch was expecting a “robust increase” of around 213,000 jobs.
As Lefty Media Embrace 70% Top Tax Idea, Greenspan Calls It ‘Terrible'
January 8th, 2019 1:03 PM
Freshman Rep. Alexandria Ocasio-Cortez, D-N.Y., has many policy ambitions, among them she floated the idea of hiking the top tax rate to a whopping 70 percent to pay for a “Green New Deal.”
Although a chorus of media liberals defended and even applauded the socialist’s “soak the rich” suggestion, some high-profile economists opposed it because it would harm the…
Blockbuster 312K Jobs ‘Good for the Economy,’ ‘Working People’
January 4th, 2019 11:06 AM
The December jobs report crushed expectations on Jan. 4, with 312,000 jobs added, a strong participation rate, wage gains and two months of upward revisions. That was 136,000 jobs more than expected.
CNBC, Bloomberg See 4.1 Percent GDP as ‘Win for Trump’
July 27th, 2018 11:57 AM
CNBC’s Squawk on the Street and Bloomberg.com viewed the latest U.S. GDP report as good news for the Trump administration. The 4.1 percent second-quarter GDP estimate announced July 27, was the best quarterly pace in almost four years. Bloomberg.com called it a “Win for Trump” that same day.
Networks Ignore Consumer Confidence Rebound to ‘Lofty’ Levels
April 27th, 2018 11:06 AM
CNBC’s on-air editor Rick Santelli reacted to the April consumer confidence numbers positively, but the same night ABC, CBS and NBC evening news programs all ignored the latest update of consumer attitudes toward the economy, as did their Spanish-language counterparts, Univision and Telemundo. “Some breaking news: Consumer confidence, we are looking for a read on April and the…
Media Fall for ‘Equal Pay Day’ Agenda With Gap as Low as a Penny
April 11th, 2018 3:01 PM
You’ve probably heard already. April 10, was “Equal Pay Day,” a symbolic day media, politicians and celebrities use each year to complain about gender-based pay discrimination — by abusing a statistic that does not illustrate that.
Santelli Recalls February 2009: Bailout ‘Dissension was Born
February 19th, 2014 11:23 AM
CNBC’s Rick Santelli recalled the five-year anniversary of the stimulus, housing bailout and blowing “a gasket” during “Squawk on the Street” today.
“On Feb. 19 I blew a gasket. But basically, what was born at that point was the voice of dissension. How do we know that? Many of course still remember the IRS issues. President said maybe there wasn’t a…
Bush’s Former Chief Economic Adviser: 'Lower Proportion of Americans
November 2nd, 2012 4:55 PM
On the Nov. 2 edition of CNBCs “Squawk on the Street,” former chief economic advisor to George W. Bush and Hoover Fellow Ed Lazear commented that today’s jobs report may not be as good as the Obama administration and media make it out to be. “You have to think about how much do you need to keep employment constant as a proportion of the population,” he stated.
CNBC Host Upset 'American Political Community' Worried about 'Killing
December 14th, 2009 6:11 PM
It's a good thing New York Times columnist Thomas Friedman wasn't a used car salesman because CNBC "Squawk on the Street" co-host Mark Haines would have driven off the lot in a lemon. Friedman appeared on the Dec. 14 broadcast of "Squawk on the Street" to promote the paperback release of his book, "Hot, Flat, and Crowded." And once again, he made the case the…
CNBC: New York Times Potential Acquisition Target for Google
November 3rd, 2009 4:17 PM
Want more evidence print media is giving way to digital formats? According to CNBC "Squawk on the Street" Nov. 3, Internet behemoth Google (NASDAQ:GOOG) could have its sights set on The New York Times (NYSE:NYT). Brian Shactman, a general assignment reporter for CNBC noted an article in the Nov. 2 Wall Street Journal that indicated a lot of big companies are hoarding cash and short…
Media Revelation: Obama is Going to Raise Taxes
September 14th, 2009 9:19 AM
About a year ago, then-Senator and Democratic nominee Barack Obama managed to seize control of the issue of taxes from the Republican Party by promising lower taxes for "95 percent of Americans." But today it's a drastically different situation. Obama's $787-billion stimulus has been passed into law and the administration is taking on higher deficits, which will only increase if a…
Still Bitter: White House Goes After Santelli Again, but Santelli Fire
September 4th, 2009 4:52 PM
It's been nearly seven months since CNBC reporter Rick Santelli took a stand against the Obama administration, which inspired the tea party movement - and the White House hasn't forgotten. White House Press Secretary Robert Gibbs was asked by CNBC Washington correspondent John Harwood why the administration decided to go after Santelli after his Feb. 19 call for a metaphorical revolt over…
CNBC Goes into 'Crisis' Mode at Height of ObamaCare Debate
July 31st, 2009 12:32 PM
Balanced? Sure. Hyperbolic? Definitely.Invoking the word "crisis" might conjure up images of a Category 5 hurricane bearing down on the U.S. Gulf Coast or some other situation where decisive action much be taken to avert impending doom. But, is it appropriate to suddenly attach it to the key issue put forth by Obama administration, such as health care? On July 30, CNBC dedicated its…