Economy

IT’S (D)IFFERENT: Legacy News Barely Covers Positive Inflation Report
An inflation report coming in lower than expected with a core inflation number under 3 for the first time since the pandemic would have drawn elated A-block coverage across the “legacy” evening news. But a similar report at the outset of Trump II? Not so much.

Axios Founder On Trump Tariff Pullback: 'Make No Mistake—He Panicked'
On today's Morning Joe, Axios co-founder Jim VandeHei declared, purporting to explain Trump's tariff pull-back declares: "Make no mistake: he panicked."

THUNDERDOME: Jennings and Singleton WRECK the Panel
CNN’s Thunderdome, more commonly referred to as NewsNight with Abby Phillip, was particularly lively tonight. Given the issue array, there was bound to be fireworks. And sure enough, there were.

MSNBC Regulars Paint 77 Million Trump Voters as Racists
In the past few days, two MSNBC regulars have aimed the kind of race-obsessed vitriol at Republican voters that the liberal news network has long been known for, claiming that the 77 million Americans who voted for Donald Trump are racists.

Audie's 'Republican Group Chat'—Two Critics of Trump's Tariffs
On Wednesday's CNN This Morning, host Audie Cornish calls two of her guests her "Republican chat group." The Republicans in question are Charlie Dent, a Never Trumper who says he is "very cynical" about Trump's tariffs, calling them a "bad rule," and Kristen Soltis Anderson, who has written a New York Times op-ed warning Republicans about the path they're going down. Anderson suggests there's…

‘Jackass’ Scarborough Walks Back ‘I Told You So’ Stock Market Panic
MSNBC host Joe Scarborough is having a rough day. The same media schlub who waved around the “I told you so” foam finger when stocks whipsawed on April 7 over President Donald Trump’s tariffs is doing the backstroke now after the markets surged just a day later.

AMAZING! Inverse Cramer Does It Again With Botched 'Black Monday' Call
CNBC’s Mad Money host Jim Cramer may really be an inverted soothsayer, as yet another of his predictions went in the complete opposite direction. That’s probably what happens when your brain just happens to be screwed on backwards.

'Best Biden Ever' Scarborough Boasts 'I Told You So' On Tariffs!
On Morning Joe, Joe Scarborough says he has 10 minutes of clips from recent months proving I told you so; that he warned Republicans to be careful with the economy. Scarborough also attacks Bill Ackman, the Wall Street billionaire and long-time Democrat donor, who came to support Trump, but now says Trump should implement a 90-day freeze on the tariffs. Scarborough claims Ackman shifted to…

Politico Reporter: 'Why Trump May Get Away With His Tariff Trauma'
Despite widespread media negativity regarding President Donald Trump's tariffs, Nahal Toosi, a Politico correspondent, suggested they might succeed. Her surprising stance diverged from the typical anti-tariff narrative, exploring cautious global reactions. Many countries are opting for diplomacy over aggressive countermeasures, hoping to secure advantageous deals. Toosi highlights the…

‘WHAT I LIKE IS DATA’: Secy. Bessent SCHOOLS NBC’s Welker on Tariffs
As media-consuming stories go, Signalgate went out with nary a whimper- barely lasting a week. In its place, the media now caterwaul over the reciprocal tariffs imposed by President Donald Trump, as Treasury Secretary Scott Bessent discovered during his sit-down with NBC’s Kristen Welker on Meet the Depressed.

Trump Ag Secretary Laughs! Jake Tapper Insists: 'I'm Not On The Left'
On State of the Union, when Secretary of Agriculture tells host Jake Tapper that "everyone on your side, the left" is freaking out over the Trump tariffs, Tapper insists, "I'm not on the left." Oh really?

Secy. Lutnick SHUTS DOWN Margaret Brennan’s ‘Penguin Tariffs’ Question
As the media continue to convulse over the fallout of President Donald Trump’s announcement of reciprocal tariffs, there have emerged several goofy narratives. Chief among them, that the proof evident of the haphazard nature of President Trump’s tariffs is the reciprocal levy upon the largely uninhabited Heard and McDonald Islands, south of Australia. Commerce Secretary Howard Lutnick shut…

TARIFFDOME: Scott Jennings Stands Tall for American Snacks
A very interesting exchange on last night’s CNN NewsNight With Abby Phillip (AKA The Thunderdome) proved that a worthy argument can be undermined by an ineffective spokesperson. In this case, a point on the everyday effects of tariffs on imported goods that ended with Scott Jennings standing tall in defense of American snack foods.

CBS’s Kelly O Brought The Lone Voice of Calm Reasoning on Tariffs
Tonight’s evening news coverage of the reciprocal tariffs imposed by President Donald Trump bordered on hysterical, to the tune of a combined 25 minutes and 34 seconds. Of those, only about a minute and a half was devoted to explaining things in a manner the public could understand.