Recession

On Tuesday, ABC’s Good Morning America eagerly touted the latest ABC News/Washington Post poll showing a “dramatic drop in the President’s approval rating” that “seems to be fueled by real concerns about the economy.” Following weeks of the media rooting for a recession to hurt Trump’s reelection chances, the ABC morning show appeared thrilled that tactic was working with some of its viewers.

As recession headlines and stories proliferate, Fox News MediaBuzz anchor Howard Kurtz had an important question for anchor Maria Bartiromo: could negative media talk damage the U.S. economy? “Do the media have the power, even if they were so inclined for dastardly political reasons, to crash the economy?” Kurtz asked Bartiromo on Aug. 25.

The next recession could bring an economic “revolution,” according to left-wing New York Times tech columnist Farhad Manjoo. He argued that when it arrives it would be “time to go full Elizabeth Warren” because of inequality. Insisting that “a recession looms,” Manjoo fueled envy against CEOs and the wealthy — the very kind of envy that could spur such a “revolution.” Although he attached…

In just three nights of coverage, ABC, CBS and NBC evening newscasts spent more than 11 minutes talking about the threat of recession and economic worries mostly tied to one economic signal. The main reason for concern was that the yield on a particular short-term versus long-term Treasury bond inverted (generally long-term bonds have higher yields) and spooked investors on Aug. 14. This sent the…

On Monday, all three network morning shows kept rooting for recession as a way to harm President Trump’s 2020 reelection chances. Hosts and correspondents dismissed the White House “attempting to downplay growing concerns that the U.S. economy could be headed for a recession” while touting Democrats “seizing the moment.”

Real Time host Bill Maher doubled down on his desire for a recession Friday night. Maher has expressed his wish for a recession multiple times; hoping that an economic downturn would lead to President Trump losing his bid for a second term in the White House.

During Thursday’s The Story, FNC host Martha MacCallum reported that “fears of a recession seem to be running high and some in the media seem almost giddy that an economic downturn would hinder President Trump’s chances in 2020.” After playing a “sampling” of media figures weighing in on the effect of a recession on President Trump’s re-election bid, MacCallum slammed the “unpatriotic” and “…

Now that Mueller and the dossier are ancient (buried) news, the liberal Spanish-speaking media will jump at any chance (asides from its non-stop illegal immigration litany) to declare doomsday for President Trump and his Administration. Case in point: the possibility, according to Univision, CNN en Español and Estrella TV, of an economic recession that could put an end to Trump’s claim to credit…

Appearing on NBC’s Today show Thursday morning, CNBC Mad Money host Jim Cramer was the voice of calm, telling his colleagues to “dial back the hysteria” over the economy and reassuring viewers that “the markets are up huge.” He called out those in the press, including NBC, that were “sowing panic” about the possibility of a future recession.

Look at the bright side! Sure, a recession could throw millions of Americans out of work, and shrink retirement portfolios. But an economic downturn would also hurt President Trump in 2020! That was CNN's theme this morning. The 6 am New Day hour led with co-host John Berman trumpeting yesterday's stock market drop. CNN economic analyst Rana Foroohar then said of a recession: "it's here."John…

With the so-called “inverted yield curve” for bonds creeping up on Wednesday, ABC and NBC sprinted to stoke fears that “a recession could be on the horizon”, as NBC White House correspondent Kristen Welker declared. But over on CBS Evening News, chief financial analyst Jill Schlesinger was telling viewers to “run your life as if this were just any old day.”

Even though some high-profile experts claim the U.S. is not headed for a recession right now, the liberal news media continued to promote economic pessimism during the summer of 2019. Despite 3.7 percent (near record-low) unemployment, wage gains, confident consumers and growing economy, liberal journalists obsessed over recession every single day of June and July.

Some media outlets pounced on economic growth in the second quarter because it was slower than the first quarter, but a MarketWatch columnist called it a “head fake” and not an indication of a “slump.” Columnist Rex Nutting wrote, “Contrary to what you may read elsewhere, the U.S. economy did not slump in the second quarter of the year.” Growth was a “soft” 2.1 percent after a first quarter rate…

Liberal presidential candidate Sen. Elizabeth Warren (D-MA) envisioned an economic crash just around the corner, and the far-left hosts of The Young Turks could not contain their excitement. It seems Warren and The Young Turks share the same delusion about the state of the current economy being awful. Young Turks co-host Ana Kasparian began by applauding Warren for “finally sounding alarms on…