Economy

Friday’s broadcast network morning shows were in a jovial mood as they celebrated a “big win” and “milestone” for America as President Biden and congressional Democrats are set to vote on their “historic” and “massive economic plan” they claim will lower inflation, help save the planet, make prescriptions cheaper, and increase taxes.

Want to pay no federal income tax? Move to Puerto Rico. Really. If you move to the island, you can legally pay none. There's also no capital gains tax. You just have to give 4% of your income to Puerto Rico. The tax break was started by a Puerto Rican politician who'd watched years of high taxes fail to improve life on the island. He decided to try something different.

Far-left media outlet The Young Turks called President Joe Biden’s mammoth climate bill “weak-sauce garbage” and whined that “conservative Democrats” were ruining the green agenda.

Thursday’s CBS Mornings followed yet another segment extolling Kansas voters for defeating a pro-life referendum by similarly cheerleading leftist spending in Congress through the so-called “Inflation Reduction Act” and fretting that Senator Kyrsten Sinema (D-AZ) “could torpedo the whole plan.”

In Washington things are rarely what they seem. It’s why Congress labels bills with names they think will be more palatable to the public rather than a name that would accurately reflect the content of the legislation. Notice how many times over the years the word “civil rights” has appeared in legislation that often has had little or nothing to do with civil rights. Now Democrats have junked…

Conservative radio host and Blaze TV Founder Glenn Beck presented a few instances of dizzying price spikes after former President Donald Trump left office. Spoiler alert: Things have gone quite sour under President Joe Biden.

The White House was widely criticized for a recent blog post on its website that attempted to redefine the word “recession” in order to protect President Joe Biden. And world-famous podcaster Joe Rogan was having none of it.

Facebook sparked outrage among free speech advocates when it fact-checked a senior economist with the American Institute of Economic Research for spreading so-called misinformation. The platform flagged the economist for — get this — correctly defining the word “recession.”

Imagine this scenario: It’s the summer of 2018 and the economy under Donald Trump has tumbled into recession with two consecutive quarters of negative growth. But the White House declares this is simply not a recession and it would be wrong for anyone to say so. Network journalists would uniformly reject this demand. But when Joe Biden last week claimed a recession wasn’t a recession. 

The networks were ecstatic when Senator Joe Manchin (D-WV) announced his support for the Inflation Reduction Act. So ecstatic, that they seemingly forgot their role as journalists, instead mindlessly parroting White House talking points about the bill despite the Joint Committee on Taxation saying it would increase taxes on people earning less than $400,000, despite the Biden administration’s…

Liberal billionaire George Soros is pushing back big time against critics of woke prosecutors that he helped elect across the country. He claimed in a recent commentary that the “agenda” of his “reform-minded prosecutors” is both “popular” and “effective.”

On Thursday, the Biden Administration reported that two key measures show inflation has risen significantly, further fueling surging prices – and economics professors are warning that, if passed, Democrat’s Inflation Reduction Act of 2022 will make matters even worse.

The liberal media’s reflex to protect Biden is yet again on display, this time with the Biden problem being that yes, indeed, the U.S. has just experienced two quarters of negative economic growth - considered by economists as the official sign the US is in a recession. But wait! That’s Joe Biden in the White House, not Trump or some other Republican! The media has quickly rolled out its…

The following are just some of the most outrageous outbursts from lefty media-types over the last month.