Paul Krugman Eats Crow: ‘Warnings About Inflation Have Proved Right’

Business
December 16th, 2021 11:20 AM

A tectonic shift in the world of economics has taken place: New York Times economist Paul Krugman finally admitted that his detractors on inflation were right all along. The leftist economist surprisingly conceded in a new op-ed that others have warned “that we may face something comparable to the stagflation of the 1970s. And credit where credit is due.”

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CNN Adopts Positive Spin on Gas Prices After White House Pressure

December 16th, 2021 10:50 AM

If you thought that the Biden administration was colluding with major news outlets to score some friendly economic coverage, CNN may have just proven you right. Last week CNN’s Oliver Darcy reported that the Biden administration had been holding private meetings with major news outlets, in which they pressured the media to add more positive spin to their economic coverage. It looks like CNN…

Musk RIPS Warren Whining Over Him Being TIME ‘Person of the Year’

Business
December 15th, 2021 11:30 AM

Elon Musk used his Twitter account like a battering ram to troll the left for their hypocritical pontificating about class warfare.

TIME Names Vaccine Mandate Critic Elon Musk 2021 ‘Person of the Year’

Business
December 14th, 2021 6:10 PM

Too bad for the left, they can't mandate who wins “Person of the Year.” So TIME magazine decided to give the world’s richest man Elon Musk that honor, though he’s become a vocal critic of vaccine mandates and the left.

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CNN Spins Terrible Inflation News as ‘Sign of a Really Strong Economy’

Business
December 10th, 2021 5:55 PM

CNN can’t help itself. The network actually spun news of Americans seeing the highest inflation in nearly 40 years as positive news in an attempt to benefit President Joe Biden.

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CNBC Just Wrecked Stephanie Ruhle’s Inflation Gaslighting

Business
December 9th, 2021 11:35 AM

Remember when NBC News senior business correspondent Stephanie Ruhle tried to claim Americans could afford inflation and were just bellyaching? Well, her company’s sister network doesn’t appear to agree.

Apple CEO Signed ‘Secret’ $275B Deal with China in 2016

Business
December 8th, 2021 12:08 PM

Apple’s recent pro-China behavior now makes sense. The tech giant’s CEO reportedly signed a secret deal with the country worth hundreds of billions of dollars five years ago, according to a new report.

CNN Tried to Spin Jobs Numbers BEFORE Poor Jobs Report Was Released

Business
December 3rd, 2021 5:29 PM

CNN is adding to its long list of “L’s.” It tried to get out in front of the Bureau of Labor Statistics (BLS) spinning the jobs recovery as robust before the actual jobs report dropped.

WashPost Excoriates Dems for ‘Worst Defense’ of Biden Yet

Business
December 3rd, 2021 11:16 AM

The Washington Post ripped the Democratic Congressional Campaign Committee’s self-own for trying to garner praise for President Joe Biden for a paltry drop in gas prices. The DCCC tweeted out a graph which appeared to show a significant drop in gas prices. The DCCC captioned its tweet: “Thanks, @JoeBiden.” But the DCCC was being either very misleading or displaying complete ineptitude…

Big Three Ignore Racist BLM Call to Boycott White Businesses

Business
December 2nd, 2021 5:38 PM

The ABC, CBS and NBC evening news networks have gone four days without covering Black Lives Matter issuing a racist call to boycott white-owned businesses.

SHOCKER: NYT Throws Cold Water on Biden’s Massive Infrastructure Bill

Business
November 29th, 2021 1:07 PM

The New York Times had an unusual red pill moment and actually threw cold water on the hype behind President Joe Biden’s huge $1.2 trillion infrastructure bill signed into law earlier this month.

St. Louis Fed Says to Eat Tofurkey to Combat Thanksgiving Inflation

Business
November 24th, 2021 11:18 AM

The St. Louis Federal Reserve saw fit to patronize Americans about the inflated price tag of this year’s Thanksgiving dinners by telling them to just eat soy instead.

DEFEAT: Paul Krugman Admits, ‘I Got Inflation Wrong’

Business
November 16th, 2021 12:04 PM

New York Times economist Paul Krugman appears to have finally admitted defeat on the issue of inflation, adding another notch to his belt of being consistently wrong on economic issues.

Did Liberal Media Outlets Finally Take Red Pill on ‘Bidenflation’?

Business
November 12th, 2021 10:27 AM

The inflation crisis has gotten so bad that multiple liberal outlets are now admitting that it spells disaster for President Joe Biden’s economic agenda. CNBC published an eye-opening piece headlined, “Inflation has taken away all the wage gains for workers and then some.” The story analyzed that “[r]eal average hourly earnings when accounting for inflation, actually decreased 0.5% for the…