Economy

How many companies have to announce new tax law-driven bonuses and raises before the left and some in the establishment press finally stop calling them "PR stunts" or some equivalent? It's doubtful we'll ever know, because even though announcements continued well into this past week and have crossed the triple-digit mark with over 1 million employees affected, media interest in compiling or…

CBS This Morning journalists on Friday actually credited the booming stock market, touting it breaking 25,000 as a “wow!” moment. Yet, while Congress, tax cuts and mysterious deregulation got praise, Donald Trump’s name was never mentioned. Asked by co-host Norah O’Donnell for the cause, Hobson gushed, “Wow! That is all I can say. It’s quite a start! We broke through lots and lots of records last…

We are a nation of 325 million people. We have a bit of control over the behavior of our 535 elected representatives in Congress, the president and the vice president. But there are seven unelected people who have life-and-death control over our economy and hence our lives -- the seven governors of the Federal Reserve Board. The Federal Reserve Board controls our money supply. Its governors are…

At Politico, consistency has never been a strong point. Somehow, the just-signed tax law supposedly won't have that much of an effect on Americans' economic behavior, but there's no doubt that the bill's tiny cuts in taxes on alcoholic beverages will bring about disastrous results.

This one's for the "They can't possibly believe what they're writing" file. Thursday morning, Ben White and Nancy Cook at Politico actually claimed that President Donald Trump is building "his 2018 political message by rebranding" predecessor Barack Obama's "economic legacy."

On Sunday's This Week show on ABC, host Jonathan Karl and Bloomberg News's Margaret Talev displayed stunning historical naivete in characterizing the tax cuts for individuals in the tax law signed several days ago by President Trump as "temporary."

Up until the moment it was signed into law, many press reports on the tax law portrayed it or strongly implied that it contained increases or virtually nothing for most taxpayers while granting big breaks to "wealthy" households (the term preferred over the genuinely accurate "high-income" label). So imagine how surprised some Americans must be to learn that the press is having a very difficult…

By now, you’ve probably heard the news. The Walt Disney Company has announced a definitive mega-deal to merge with Rupert Murdoch’s 21st Century Fox, which includes the FX cable channel and – more importantly – the 20th Century Fox motion picture studio. The deal is worth over $50 billion, and is set to close by the end of next year. It does not, however, include the FOX Broadcasting Company, FOX…

My recent columns have focused on the extremely poor educational outcomes for black students. There's enough blame for all involved to have their fair share. That includes students who are hostile and alien to the educational process and have derelict, uninterested home environments. After all, if there is not someone in the home to ensure that a youngster does his homework, has wholesome meals,…

Yes, we’ve made it to the end of another year and those of us tasked with watching MSNBC’s Hardball with Chris Matthews are still sane. With the departure of Matthews’s beloved Barack Obama from the White House, 2017 was bound to be a tough year for him with the arrival of Donald Trump’s presidency. Matthews didn’t disappoint in providing plenty of content and head-scratching moments to read here…

Throughout the entire legislative process, the liberal media were deeply invested in spreading as much disinformation about the GOP tax reform bill as possible. And now that the bill that they worked so hard to sink was actually law, NBC Nightly News spent part of Tuesday’s broadcast complaining about how confused people were and how they were in a holiday season panic following tax conversations…

As Michigan Democratic Rep. Debbie Dingell appeared as a guest on Tuesday's New Day, CNN host Alisyn Camerota at one point seemed to fret that businesses are planning to pay out bonuses after the tax cuts were passed as a way of making their employees grateful to Republicans for their pay increase and coax them to vote for the GOP -- and that the ploy might succeed.

On Sunday morning, Thomas Beaumont and Nicholas Riccardi at the Associated Press did all they could to convince readers that the tax bill just passed by Congress and signed by Donald Trump isn't seen as a big deal and has no genuine enthusiastic support (even though they found some) among those who voted for him in 2016. They predictably claimed that the law bestows "its richest benefits on…

The Republican tax plan may have passed Congress and been signed by President Trump, but that’s not stopping the New York Times from slamming it as a fairy tale that will doom the GOP in the 2018 congressional elections. On the front of Thursday’s Times, Patricia Cohen insisted that President Trump’s “Rosy Forecast for Economy Defies Evidence.” Friday’s front page featured reporter Jonathan…