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CBS, NBC Promote Negligible Inflation Decrease, Plant False Optimism

June 13th, 2024 7:05 PM

Following yesterday’s Federal Reserve announcement, an inflation report, and a stagnant interest rate, CBS News and NBC News spoke highly of the changes regardless of the truth of the US economic pain. Though the hosts eventually spoke about the issue, in the end, the segment emphasized this false optimism and normalizing the economic situation of the country, while disregarding President…

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Back to the Mat: Nets Leave Biden Docs Behind to Hit GOP on Debt Limit

January 19th, 2023 4:58 PM

CBS dropped the Biden documents scandal on Wednesday morning and was followed that night by NBC, so it was only a matter of time before ABC did the same. Sure enough, Thursday’s Good Morning America put it out to pasture. Instead, the three networks resumed spinning for the Biden administration as they slammed House Republicans for refusing to lift the debt ceiling, creating a “…

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'Positive Spin': Nets Isolate Biden From Blame for Inflation Report

September 14th, 2022 5:49 PM

While each took a different approach, the major broadcast networks of ABC, CBS, and NBC worked Wednesday to isolate President Biden from blame for the pitiful August inflation report showing it came out to 8.3 percent (when the predicted number was 8.1 percent) with energy, food, and rent still soaring. Instead, some of them trumpeted Biden’s “positive spin” and that he’s “not worried about”…

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CBS Celebrates Inflation Still High, Declares NO RECESSION in Sight

August 10th, 2022 1:49 PM

Inflation fell just .6 percent in July and CBS Morning was treating the news like it marked the end of the Great Depression. With gas prices still way above where they were last year and people still paying through the nose for basic necessities, on Wednesday, CBS business analyst Jill Schlesinger joyously proclaimed that inflation had “peaked” and spewed the Big Lie that America was…

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Desperate Nets: Recession Just a 'Buzzword,' Economy 'Recalibrating

July 28th, 2022 11:56 AM

Don’t worry about the floundering economy, the White House has explained that it is simply “recalibrating.” That’s according to the network journalists on Thursday who parroted the Biden administration’s attempt to redefine a recession as something other than two quarters of negative growth.

Nets Share Tax Tips, Ignore TRILLIONS In Government Record Revenue

April 14th, 2022 4:10 PM

Amid soaring inflation and sky-high gas prices caused by the policies of the Biden administration, paying taxes has been particularly difficult for many cash-strapped Americans as April’s deadline approaches. One place not hurting for funds is the U.S. federal government, which according to CNSNews just brought in a record-setting “$2,121,987,000,000 in total taxes through the first six months…

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ABC, NBC Mornings Shows Punt on ATROCIOUS Inflation Numbers

March 10th, 2022 5:28 PM

On Thursday morning, the latest Consumer Price Index (CPI) came out for February just after 8:30 a.m. Eastern and, as expected, it was another record high with inflation up 7.9 percent from last year and a 0.8 percent increase from January. Unfortunately, ABC’s Good Morning America and NBC’s Today saw no reason to mention it in their always superficial final half-hour. In…

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Crazy CBS Guest: ‘Pandemics Are Sometimes Necessary’ to Have ‘Change’

Business
September 8th, 2020 5:48 PM

CBS Sunday Morning exploited the coronavirus to whine about income inequality and how terrible capitalism is. It also speculated whether the virus itself was presenting an opportunity to change the economic system. The program, hosted by New York Governor Andrew Cuomo (D) fan Jane Pauley, used 409 seconds of airtime grumbling about America’s “worsening economic inequality.”

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CNN’s App LIES TO YOU: Claims ‘Recovery Takes a Massive Hit’

August 7th, 2020 11:43 AM

Many Americans, including younger people, get their news from phone apps. And if you think the bias of CNN is limited to the network, you’d be wrong. On Friday, strong July economic numbers came out with unemployment falling from 11.1 percent to 10.2 percent and 1.7 million new jobs have been created. All of this beat expectations. But you wouldn’t know that if you looked at the CNN news alert…

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ABC, NBC Stoke Panic for Possible Recession, CBS Tries to Ease Fears

August 14th, 2019 9:03 PM
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.”
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Network Freak-Out: ‘Outrage,’ ‘Turmoil,’ ‘Panic’...Over Lower Taxes

February 13th, 2019 6:16 PM
For days, the broadcast networks have been warning of a nation in “turmoil,” with “outrage” and downright “panic” sweeping across the country. The source of the crisis? Last year’s tax reform law that allowed Americans to keep more of their own money. In short, the media were aghast that some taxpayers were getting smaller refunds or even owing money to the IRS after having less money taken out…

Media’s Stock Meltdown Covered 4x More than Big Market Rebound

Business
February 7th, 2019 2:51 PM
Stocks “rebounded in spectacular fashion in January,” but anyone reliant on network news programming may not have noticed since the networks proved yet again to care far more about bad economic news. ABC, CBS and NBC evening news shows covered the bad news for stocks in December and January more than four times more than positive market news during that time (1,745 seconds to 422 seconds or 29…
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ABC Touts Fake News Poll About Tax Plan...Taken Before It Was Released

November 3rd, 2017 3:21 PM
On Friday, ABC’s Good Morning America touted a new ABC News/Washington Post poll claiming that a majority of Americans oppose the Republican tax plan that was announced on Thursday. The only problem was that the survey was conducted October 29 through November 1, meaning that any questions about tax reform were asked before the GOP actually released the legislative proposal.

Networks Fret Over IRS Budget Cuts, No Mention of Ongoing Scandal

April 14th, 2014 11:45 AM
On Monday, all three network morning shows found time to worry about IRS budget cuts meaning fewer audits and longer wait times for taxpayer assistance, but not one mentioned the ongoing scandal embroiling the agency, including Congress issuing a criminal referral for former IRS official Lois Lerner. [Listen to the audio or watch the video after the jump] On ABC's Good Morning America, news…