Economy

Dumb CNN Logic: Nixing Capital Gains Tax Will Increase Home Prices!
Why pay higher prices in a more competitive housing market when you can just keep paying compulsory taxes on your capital gains? That’s effectively the head-scratching argument CNN tried to make to ding President Trump’s tax-cutting agenda.

CNN Trashes Hunter's F-Bomb Rant, Promptly Switches To Price Of Beef
CNN This Morning's panel harshly criticizes Hunter Biden for his F-bomb-laden interview in which he castigated fellow Democrats for calling on his father to resign. The show quickly transitions to increases in the price of beef.

Living Under a Rock? WashPost CRIES Trump Politicizing Federal Reserve
Here’s a rule of thumb: Anybody who thinks that the Federal Reserve isn’t innately a political entity should have his head examined. But the collective of prefrontal cortex-challenged geniuses on The Washington Post editorial board are acting as if this politicization only started when President Donald Trump started putting pressure on Chairman Jerome Powell to lower interest rates.…

PBS Can't Stop Trashing Argentina’s Triumphant 'Far-Right' Prez Milei
One more reason to defund PBS: Their reporters and researchers have no respect or understanding of libertarianism or libertarian voices (except on issues when libertarian ideology happens to match their own). Just see how PBS has covered Argentina’s president Javier Milei, whose radical reforms since taking office in December 2023 have already born fruit, as inflation, running rampant when…

SHOCK: Washington Post Admits ‘Trump Economy Remains Pretty Strong’
The Washington Post is finding it impossible to admit that all the media scareporn about the Trump economy turned out to be less realistic than B-movies without still making it seem like disaster is just around the corner.
Hidden Cost of Union Power: Rich Contracts and Layoffs Down the Road
Progressives love unions. Not only do unions protect workers, they say, unions gave us the weekend and the middle class. I say, capitalism created the middle class. Employers, competing for better workers, gave us the weekend. But whatever you think about capitalism, few people question the claim that unions help workers. But I will. It’s the focus of my new video. A couple years ago, the…

Larry Summers Loses Noggin Nuggets Over Trump’s ‘2,000 Days of Death’
Former President Barack Obama’s National Economic Council director has slipped from being the voice of reason on inflation to going full Cocaine Bear by screeching that President Trump was killing people with his economic agenda.

USA TODAY Hypes Inflation of Your July 4 Barbecue Menu
The liberal media are still driving the narrative of inflation under Trump. USA Today ran a splashy article at the top of its Money section on Monday headlined "July 4th barbecues will see rise in costs." They highlighted hamburger...and eggs. Do a lot of barbecues have eggs on the menu?

OOF! CNN Hit With One-Two Punch by Excellent Jobs Reports for Trump
CNN keeps getting hit like a punching bag with good reports that continue to blow its scare porn about President Donald Trump supposedly destroying the economy to smithereens. But this time, they got hit two days in a row.

WashPost Cries Trump Stopping Illegal Immigration Will Fuel Inflation
The Washington Post once again proved why its journalists know as much about good economics as they do about “austere religious scholar(s)” by arguing President Donald Trump’s illegal immigration crackdown would somehow cause inflation to skyrocket. Just try unraveling that oxymoron.

CBS Documentary Decrying Oligarchs OMITS Notorious Lefty Billionaires
A CBS News documentary blasted America’s transition to a so-called “Gilded Age” of oligarchs to attack President Trump and the tech leaders who stood with him at his inauguration. The problem: The documentary conveniently excluded any mention about the most notorious left-wing billionaires in U.S. politics that have used their cash to either try to buy elections or drastically overhaul U.S.…

CNN Defends Mamdani’s INSANE Proposal for City-Owned Grocery Stores
CNN always wants to say left-wing radicals are less radical than you think, according to "some experts." They're never going to perform that trick for conservatives. CNN reporter Nathaniel Meyersohn attempted to mainstream socialist New York City mayoral candidate Zohran Mamdani’s demented push for government-owned grocery stores.

So CNN, Where’s that Great Depression You Were Griping About in April?
The stock market continues to go gangbusters, so MRC Business thought it would be worth revisiting one of CNN’s dumbest End-of-the-World predictions about the Trump presidency to date.

DIDN’T HAPPEN: CNN Claimed Iran Strike Would Spur Surging Oil Prices
CNN is the latest to suffer from the utter humiliation of prophesying Armageddon-level economic catastrophe as a result of President Donald Trump’s military strikes on Iran, only to have their predictions collapse faster than Biden on the steps of Air Force One.