The Democrats in Congress are rolling ahead to vote on articles of impeachment against President Trump, but it's hard to ignore that the nation’s economy is roaring to the best numbers seen since 1969, according to the November jobs report released on Friday. CNBC host Jim Cramer responded to the good news by admitting that liberal “people don’t want to say good things” even though the new Labor Department document contains “the best number I’ve ever seen in my life!”
While the liberal media continue their ongoing impeachment obsession, and with Speaker of the House Nancy Pelosi (D-CA) directing her chairmen to draft articles of impeachment, the jobs market and stock market continue to steamroll along. “Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today,” according to a Dec. 6 United States Bureau of Labor Statistics News Release.
At this point, it’s no longer surprising that the liberal media aren’t willing to give President Donald Trump an inch of positive coverage, especially when approval trends shift in his favor. A new Dec. 2 report from CNBC revealed that “Sixty percent of small business owners approve of the way Donald Trump is handling his job as president.”
Just how unknowledgeable about the economy is Joy Reid? So much so that it drove even the liberal Ron Insana . . . insane, obliging him to correct her misstatements.
In what could be perceived as a subtle barb at Facebook, and perhaps even Twitter too, Snapchat declared its commitment to battling “misinformation” with the upcoming election in mind. “We subject all advertising to review, including political advertising,” the Snap CEO Evan Spiegel said on Monday, according to CNBC. He continued, adding, “I think what we try to do is create a place for political ads on our platform, especially because we reach so many young people and first-time voters we want them to be able to engage with the political conversation, but we don’t allow things like misinformation to appear in that advertising.”
Millions of Americans’ medical data was reportedly shared with Google, and even liberals are calling foul. Democratic leaders, including House Energy and Commerce Committee Chairman Frank Pallone Jr. (D-NJ), Rep. Anna Eshoo (D-CA), Rep. Diana DeGette (D-CO) and Jan Schakowsky (D-IL) have all condemned a business arrangement between Google and Ascension, the leaders “asking for more information about how patient health data is being used and shared” as reported by CNBC.
The latest voice warning about the cost should Sen. Elizabeth Warren (D-MA) win the White House in 2020 is billionaire investor Paul Tudor Jones. Jones predicted that if Warren were to clinch the 2020 election, “the S&P 500 would plunge 25%,” CNBC reported Nov. 5. He also predicted that if President Donald Trump were to win reelection, the S&P would see “another 15% upside for the market.” This prediction came one day after the stock market hit another record high, according to Forbes Nov. 4.
If politics is like a poker game, Sen. Bernie Sanders, I-VT, just raised against Sen. Elizabeth Warren, D-MA, by proposing a wealth tax scheme even more confiscatory than hers. Punishing the wealthy is the clear object of both plans. Sanders tweeted on Sept. 24, “Billionaires should not exist” as he promoted his wealth tax plan.
As the Bahamas reels from the death and destruction Hurricane Dorian caused, the news media continue to exaggerate a connection between hurricanes to climate change. Claims ranged from global warming making it “bigger, wetter — and more deadly,” to calling Dorian’s stall a “signal of climate change,” to insisting climate change is “worsening” hurricanes (without proof).
In just three nights of coverage, ABC, CBS and NBC evening newscasts spent more than 11 minutes talking about the threat of recession and economic worries mostly tied to one economic signal. The main reason for concern was that the yield on a particular short-term versus long-term Treasury bond inverted (generally long-term bonds have higher yields) and spooked investors on Aug. 14. This sent the Dow down by more than 800 points.
Recent shootings in El Paso, Texas, and Dayton, Ohio, prompted left-wing anti-gun groups to go on a $2-million advertising binge calling for gun control. Liberal media mogul Michael Bloomberg’s group Everytown for Gun Safety led the pack of gun-control advocates with nearly half that spending.