Economy

On Tuesday, ABC’s Good Morning America eagerly touted the latest ABC News/Washington Post poll showing a “dramatic drop in the President’s approval rating” that “seems to be fueled by real concerns about the economy.” Following weeks of the media rooting for a recession to hurt Trump’s reelection chances, the ABC morning show appeared thrilled that tactic was working with some of its viewers.

Former Mayor Michael Bloomberg and Democratic presidential candidate Tom Steyer are two of the wealthiest anti-fossil fuels crusaders. In June, Bloomberg promised to spend another $500 million eradicating coal and starting to target natural gas power plants too. Yet, USA Today failed to connect the dots between either billionaire and the left-wing groups, including the Rocky Mountain Institute,…

It’s nearly impossible for The View co-host Joy Behar to keep her anti-Trump anxieties to herself, on the rare occasion a Republican guest comes to the show. Even when there is no reason to, Behar finds a way to insert Trump into the conversation. On Monday’s show, this happened again as retiring Republican congressman Rep. Sean Duffy appeared with his wife Rachel Campos-Duffy to discuss his…

Have you noticed all the talk recently by the mainstream media about a recession? Of course, many members of the MSM can barely contain their glee at the prospect of an economic downturn hurting President Trump's prospects in the election next year. Well, Jim Cramer on Thursday's Squawk Box told host Joe Kernen that the only people talking about such a recession are "us," meaning members of the…

Continued good news on unemployment bored the networks on Friday night. As usual, they didn't note the apparent irony that they consider President Trump to be "racist" (or at least issue "racist tweets"), and yet the Labor Department reported black unemployment hit 5.5 percent, well below the previous all-time low of 5.9 percent (and it was never below 7.0 percent pre-Trump). The jobless rate for…

Black unemployment reached a record low of 5.5 percent in the month of August. While CNN Tonight host Don Lemon and his panel acknowledged the statistic Friday night, they did their best to downplay it and rejected the notion that President Trump deserved any credit for the strong economy. In addition, Lemon argued that when black voters go to the polls in 2020, they should prioritize the…

The lead National slot in Saturday’s New York Times was occupied by “Andrew Yang and the Passionate 2.6 Percent Lifting Him.” Reporter Matt Stevens hailed the low-polling 2020 Democrat’s plan to give $1000 a month to every American. A weirdly affectionate tone toward Yang pervaded Stevens’ piece, putting in mind his fulsome over the re-emergence of Texas politician Wendy Davis (aka “Abortion…

ABC could only devote 14 SECONDS to the latest unemployment news on Friday night. CBS and NBC skipped it entirely. All three networks reported the latest on actress Felicity Huffman's fate in the college-admissions scandal. ABC actually gave that 18 seconds in the promo at the top of the show (and then a two-minute report).

Paypal co-founder Max Levchin sat down with Yahoo! Finance editor-in-chief Andy Serwer to discuss his business experience and weigh in on many hot topics including socialism. He rejected progressive calls for “redistribution” from politicians like Rep. Alexandria Ocasio-Cortez (D-NY). During the Influencers episode released Sept. 5, Serwer asked Levchin what he thinks of Ocasio-Cortez and others…

CNN’s 10 back-to-back “climate crisis” town halls with 2020 Democrats were every bit a sideshow one could expect them to be. But there a few moments, Wednesday night, that stood out as particularly off the rails. Between advocating for global abortions, $16 trillion in new government spending, and insidious proposals to manipulate what you eat, it had some people pointing out it was a gold mine…

Keep government spending at high levels or die young. That’s the stark choice offered by reporter Stephen Castle in Saturday’s New York Times, “Why Are Britons Living Shorter Lives? – Austerity and Illness begin to Take a Toll.” The online headline deck: “Shortchanged: Why British Life Expectancy Is Falling -- For the first time in modern history, Britons are living shorter lives, with poor…

Credit where it’s due: During Wednesday’s evening newscasts, CBS Evening News was the only network news program to report on the FBI’s expansive raids of current and former leaders of the United Auto Workers union. The corruption probe had been going on for four years and netted numerous convictions. Despite all of that, ABC’s World News Tonight and NBC Nightly News completely ignored the story.

As recession headlines and stories proliferate, Fox News MediaBuzz anchor Howard Kurtz had an important question for anchor Maria Bartiromo: could negative media talk damage the U.S. economy? “Do the media have the power, even if they were so inclined for dastardly political reasons, to crash the economy?” Kurtz asked Bartiromo on Aug. 25.

The New York Times retains its bizarre obsession with the left-wing hobbyhorse of “income inequality.” Former economics reporter Binyamin Appelbaum, who betrayed liberal viewpoints in his reporting, is now free to issue unadulterated left-wing opinions from his perch on the paper’s editorial board. His latest Sunday Review piece suggests “Blame Economists for the Mess We’re In.” It began with a…