On Wednesday and Thursday NBC, MSNBC, and Telemundo will host the first Democratic primary debates. If they are to match what their CNBC colleagues did with the Republican candidates in 2015, they should ask questions designed to humiliate, badger and paint the Democratic field as not ready for prime time, cartoonish, out-of-touch extremists.
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.
Sen. Bernie Sanders (I-VT) hit the campaign trail promoting “Democratic socialism” and claiming President Donald Trump supports “corporate socialism for the rich and powerful.” CNBC anchor Joe Kernen demanded clear definitions and answers from a Sanders adviser on June 13, attempting to learn whether democratic socialism would really mean more entitlements and government control.
In spite of the disappointing May jobs report showing only 75,000 new jobs, MarketWatch and CNBC reported signs of continued strength in the labor market that could help ease economic jitters. MarketWatch reporter Jeffry Bartash asked, “Has the U.S. labor market really taken a big turn for the worse?” and answered, “A new pair of employment reports suggest the answer is no.” He cited a private study of employment that indicated “a steady if more subdued pace of hiring during the summer” and “near-record high” job openings (7.4 million) in April, which was coupled with an “extremely low” number of layoffs.
Shark Tank star Kevin O’Leary and CEO Gerald Storch brought a free market reality check to Democratic socialist Sen. Bernie Sanders’ arguments for a $15 minimum wage on CNBC’s Squawk Box June 6. Sanders went to Arkansas to attack Walmart over wages and demanded at its annual shareholders meeting that it raise wages even more on June 5. O’Leary and Storch both opposed a wage mandate, saying markets do a better job of setting wages than the government.
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.
Even CNBC's more liberal anchor wasn't thrilled with newly announced plans from Democratic candidates to tax Wall Street transactions. Reporter Ylan Mui told Squawk Box viewers on May 23 about plans from liberal candidates Sen. Bernie Sanders (I-VT), Sen. Kirsten Gillibrand (D-NY), Sen. Elizabeth Warren (D-MA), and Pete Buttigieg (D-IN) to tax Wall Street to pay for expensive things like "free" college.
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.
The U.S. economy grew so much more than expected in the first quarter that CNBC’s Rick Santelli called it a “whopper” and “really powerful” news on April 26. A day later, the news made the front page of The Washington Post and The New York Times.
The broadcast networks were less enthusiastic. Two out of the three evening news programs skipped the story entirely that night.
Economic growth bested expectations by nearly a percentage point in the first quarter, and “pushes back” against recent recession fears, according to CNBC.
“First look at first quarter GDP and it is a whopper! 3.2 percent.” on-air editor Rick Santelli announced on April 26. “A 3 handle on first quarter. It’s supposed to be the dog of the year in terms of which quarters excel. This is really powerful.”
Saturday marks 20 years since the tragic Columbine school shooting in Littleton, Colorado. Liberal journalists have already begun their retrospectives that included requisite attacks on the NRA and gun owners. The following is a look back at the most biased and ugliest broadsides in the weeks following the April 20, 1999 Columbine shooting:.