Economy

Tuesday morning on CNN's New Day, liberal historian Doris Kearns Goodwin admits that President Trump has "made a connection" with his base, and that "he's made them feel that he's on their side."

A widely anticipated textbook, “Universal Economics,” has just been published by Liberty Fund. Its authors are two noted UCLA economists, the late Armen A. Alchian and William R. Allen. Editor Jerry L. Jordan was their student and later became a member of President Ronald Reagan's Council of Economic Advisers, as well as the president and CEO of the Federal Reserve Bank of Cleveland.

In a sharp reversal from what occurred this past summer, when record-low Hispanic unemployment was met with absolute silence on the nation’s leading Hispanic television newscasts, the October 5 news from the U.S. Department of Labor that the national unemployment rate had reached a nearly 50-year low and that Hispanic unemployment had fallen to a record low received significant coverage on all…

Unemployment dipped to the lowest rate since December 1969 in September, but ABC, CBS and NBC evening news shows only spent exactly one minute combined sharing the strong economic news.

Over the summer, the broadcast networks continued to pound Donald Trump and his team with the most hostile coverage of a President in TV news history — 92 percent negative, vs. just eight percent positive. Nearly two-thirds of evening news coverage of the Trump presidency focused on five main topics: the Russia investigation; immigration policy; the Kavanaugh nomination; North Korea diplomacy;…

New York Democratic congressional candidate and “self-avowed” socialist Alexandria Ocasio-Cortez is a liberal media darling with her $40 trillion wish list of government programs. Vanity Fair proved it again with its November issue. That issue included the latest installment of its “New Establishment” list. Ocasio-Cortez made the list along with “Democratic hopefuls” Ayanna Pressley, Andrew…

The absence of “climate change” or “global warming,” from the new United States Mexico Canada Agreement (USMCA) frustrated environmentalist groups, according to Huffington Post and EcoWatch. They also complained it included “corporate giveaways” to the gas and oil industry. The replacement deal for the North American Free Trade Agreement (NAFTA) was announced on Oct. 1, after months of…

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.”

Reuters published a story on September 30 with the good news that China has begun cutting some of its tariffs. Although this is quite good news there is a mystery as to why China decided to make those cuts since until recently a trade war with the United States had been threatened.  Is there anybody responsible for this shift in trade policy? And who would that be? You can search all you want…

This is a tale of two Politicos... In the October 1 USA edition of Politico, the new NAFTA agreement was viewed through the lens of President Donald Trump's supposed braggadocio starting with the very title, "Trump hails 'historic' trade deal with Canada, Mexico" while being rather light on the details. In contrast the Politico Pro Canada edition of the same day went much heavier into the…

Amazon CEO and founder Jeff Bezos is now the world’s wealthiest man, and the liberal media love denouncing him for it. They’ve also started telling him what to do with his money and power now that he’s begun giving some of it away. Bezos is estimated to be worth $162 billion, and he and his wife announced on Sept. 13, they would give $2 billion to address homelessness and preschool education.

Democratic socialist Sen. Bernie Sanders has at least one media champion for his Stop BEZOS Act. The bill, which is obviously targeting CEO Jeff Bezos of Amazon, would levy a 100 percent tax on companies in the amount their employees receive in federal benefits.

Telemundo’s principal national evening newscast took note of widespread economic gains among U.S. Latinos — including unemployment below 5 percent for the fifth consecutive month - during coverage of President Trump’s big kick-off celebration of Hispanic Heritage Month at the White House.

It was the $40 trillion question.And once again, Democratic candidate Alexandria Ocasio-Cortez refused to answer it. Like other Democratic socialists and many progressives, Ocasio-Cortez has a long list of government giveaway programs. But even when confronted with a price tag, wouldn’t say how they’d be paid for (or who would pay).