Even though some high-profile experts claim the U.S. is not headed for a recession right now, the liberal news media continued to promote economic pessimism during the summer of 2019.
Despite 3.7 percent (near record-low) unemployment, wage gains, confident consumers and growing economy, liberal journalists obsessed over recession every single day of June and July.
Federal Reserve chairman Jerome Powell expressed optimism about the “extraordinary times” for the U.S. economy right now at an event with business economists on Oct. 2.
Powell said, “The economy is strong, unemployment is near 50-year lows, and inflation is roughly at our 2 percent objective, and the baseline outlook of many forecasters in and outside the Fed is for more of the same.”
More Americans are quitting their jobs and even some media are admitting “that’s a good thing.”
The rising rate of American workers quitting their jobs voluntarily shows their confidence in the economy, especially the labor market. The quits rate is the highest its been since 2001. Many news outlets reported the good economic news, but not ABC and NBC news programming according to a Nexis search from July 4-15. (During that time other media were focused on the numbers and the May data was released).
What is the matter with these people? This has been discussed elsewhere, but with more of the same nonsense since the subject of one of the latest presidential tweets will not go away, let’s continue. Here is the now-famous tweet. (Actually, there are now a ton and a half of famous Trump tweets but this is one of the latest:
Does shutting down any sign of political diversity demonstrate leadership? Apparently Fortune magazine believes it does because they awarded Black Lives Matters slot #27 in its pantheon of the world's 50 greatest leaders. The award was shared by BLM founders Alicia Garza, Patrisse Cullors, and Opal Tometi. You can see a photo below of the totalitarian trio giving the clenched fist communist salute. Fortune explains why an organization devoted to preventing contrary thought is so deserving of its award:
Many in the liberal news media again demonstrated their inability (or unwillingness) to identify communism when they see it.
Fast food restaurant Taco Bell “pulled out all the stops” with its new ad released March 24, according to The Hollywood Reporter. Although the ad did not mention McDonald’s by name, The Daily Mail also said the video portrayed “McDonald’s as a communist dictatorship where boring breakfasts rule.”
On Thursday's NBC Today, co-host Savannah Guthrie touted an exclusive preview of Fortune magazine's list of the world's 50 greatest leaders and wondered about one name that was absent from the ranking: "Bill Clinton comes in at number five and makes the cover. There are a lot of other notable names here. Tell you what, though, there may be some talk about one leader who did not make the list, the leader of the free world, President Obama. Fortune tells us he was not overlooked, he just did not make the cut." [Listen to the audio or watch the video after the jump]
Co-host Matt Lauer reacted: "Yeah, that's surprising." He then noted leaders who "did make the cut": "Pope Francis takes the top spot. Congratulations to him....Some other folks you may recognize, Bono, Derek Jeter – yes! – Angelina Jolie, and Malala Yousafzai."