Wages & Prices

It takes a special talent to spin news which is unquestionably positive into something negative. But Christopher Rugaber and Josh Boak at the Associated Press were up to the task in a Wednesday afternoon report on bonuses, pay raises, and other benefits which now have been showered on well over 2 million American workers since the December passage of federal tax cuts.

When is increasing pay for hourly workers politically suspect? When are earmarks considered pork? When they are encouraged by Donald Trump, at least at the New York Times. Walmart can do no right in the eyes of the liberal paper. Michael Corkery managed to turn even the liberal-pleasing move against the despised company: "Walmart, the nation’s largest private employer, waded into the bumpy waters…

Speaking on the Friday edition of the Fox News Channel’s Your World, MRC President Brent Bozell came out swinging against the liberal media and their refusal to cover stories of economic growth under President Trump, telling fill-in host Trish Regan they “loathe him” so much that “if he finds a cure for cancer, they'll attack him for not curing AIDS.”

Walmart employees received some much-welcomed news on Thursday: Their hourly wage went from nine dollars an hour to eleven and on top of that, many were receiving $1,000 bonuses. The company also cited the GOP tax cuts as the reason behind the move. But instead of reporting on the great news for many workers, ABC’s World News Tonight spent two minutes and 26 seconds hyping the new movie about…

Liberal Washington Post opinion columnist David Von Drehle is sure President Donald Trump will face “a recession, slump, or God forbid, crash” before the 2020 presidential election — despite the strong economic gains so far under Trump. Von Drehle’s Jan. 5, opinion piece, “The Trump Recession is Coming,” was littered with economic language, but revealed his political bias. Von Drehle himself is…

How many companies have to announce new tax law-driven bonuses and raises before the left and some in the establishment press finally stop calling them "PR stunts" or some equivalent? It's doubtful we'll ever know, because even though announcements continued well into this past week and have crossed the triple-digit mark with over 1 million employees affected, media interest in compiling or…

This one's for the "They can't possibly believe what they're writing" file. Thursday morning, Ben White and Nancy Cook at Politico actually claimed that President Donald Trump is building "his 2018 political message by rebranding" predecessor Barack Obama's "economic legacy."

As Michigan Democratic Rep. Debbie Dingell appeared as a guest on Tuesday's New Day, CNN host Alisyn Camerota at one point seemed to fret that businesses are planning to pay out bonuses after the tax cuts were passed as a way of making their employees grateful to Republicans for their pay increase and coax them to vote for the GOP -- and that the ploy might succeed.

Moments after the final passage of Tax Cuts and Jobs Act, CNN senior White House correspondent Jim Acosta dumped cold water on the new law, declaring that Republicans could suffer “unintended consequences because there were hardly any hearings on this, because there wasn’t much discussion in the public” concerning the “deeply unpopular” bill.

On Tuesday afternoon, MSNBC Live host Katy Tur reinforced the notion held by some that, quite simply, she’s not ready for primetime when it comes to being a substantive host. The latest example came when her far-left economic views ran into a buzzsaw against Republican Congressman and former economics professor Dave Brat.

Saturday’s New York Times lead desperately tried to spin away the strong Trump economy by warning of hypothetical dangers from a tax cut plan that’s not passed into law yet or even set in stone yet: “Sizzling Economy Carries Warning: Tax Cuts May Burn – Concerns of Inflation – Jobs Report Lifts Trump but Raises Specter of ‘Boom-Bust Cycle.” It's a churlish pattern on the part of the paper, which…

You had to figure that the Associated Press would at some point finally recognize the existence of the nation's "booming economy," at least compared to the historically weak 7-1/2 years of post-recession malaise which preceded it. Well, they're finally doing it — and erroneously tagging it with sole blame for the fast-growing homelessness problem in the nation's three West Coast states.

In a story which should have been recognized at least two months and possibly 5-6 months ago but which remained unreported until last week, a Chicago bakery lost one-third of its workforce in July. Press reports during the past week, most prominently one from Bloomberg News seen in the Chicago Tribune and elsewhere, won't directly admit what should be obvious, though the company involved is…

At the Associated Press on Friday, economics writer Paul Wiseman attempted to rewrite history, pretending that "trickle down" economics is a term Republicans have used for their economic plans since the days of Ronald Reagan, and that the current GOP tax plan which has made it through the House and is being considered by the Senate is more of the same thing. In fact, Reagan's policies, which were…