Recession

CNN attempted to fool Americans into believing the reason the U.S. economy isn’t officially considered in a recession is because eight “white economists” didn’t say so yet. Confusingly, CNN also wrote that if leading economists do end up eventually declaring the U.S. to be in recession, it’s also because those economists aren’t racially sensitive.

Clinton stooge Robert Reich has just as much of a sordid record in his coverage on the inflation crisis as leftist economist Paul Krugman.

New York Times economics columnist Paul Krugman made another damning admission this past week about his sordid record analyzing economics as inflation continues to bite chunks out of Americans’ wallets.

The Los Angeles Times singlehandedly proved that the liberal media will go to asinine lengths to protect President Joe Biden’s political image even if the economy tumbles into a recession.

On Wednesday’s The 11th Hour on MSNBC, in her discussion with NPR business correspondent David Gura, host Stephanie Ruhle proved once again that she knows very little about economics or even basic business. While Americans are suffering under crushing inflationary pressures, Ruhle let the Biden administration off the hook and claimed the media and people with political agendas are…

Bloomberg News appeared to join a growing chorus of liberal outlets rejecting President Joe Biden’s gaslighting on the severity of the American inflation crisis.

It looks like not even The Associated Press is buying President Joe Biden’s seemingly never-ending list of excuses on the inflation-plagued economy.

The Bloomberg Opinion Editorial Board had a bit of a red pill moment on how bad the inflation crisis actually is, but didn’t lay any blame at the feet of President Joe Biden and the Federal Reserve.

On Tuesday, President Joe Biden spoke to the AFL-CIO and addressed the nation’s crumbling economy and skyrocketing inflation that Americans are suffering under during his reign. During that speech, he blamed everyone and everything but himself and his policies for the economic struggles. 

A former Federal Reserve chairman who dismissed concerns about the 2000s housing bubble attempted to squash fears of a 1970s-style inflation crisis under President Joe Biden.

After another disastrous day on Wall Street which saw the Dow Jones Industrial Average plunged almost 900 points at the close among fears of a pending recession, all three evening news networks ignored the fact this meant all stock market gains made during the Biden administration have been wiped out. 

CNN is experiencing the “life comes at you fast” adage in real time as a poor government prediction it touted on skyrocketing gas prices came back to haunt the network.

The NBC, CBS and ABC morning news shows largely ignored a devastating report showing that inflation skyrocketed in May for the fastest increase since December 1981.

Remember when The New York Times attempted to spin the 1970s stagflation crisis in order to protect former President Jimmy Carter’s political image before the 1980 elections? MRC Business does.