Economy

On Friday, NBC’s Today show joined the morning broadcast chorus of ABC and CBS in claiming a .6 percent drop in inflation heralded the end to America’s economic woes. And despite admitting food prices are still “soaring” and the price of crude oil was creeping up again, correspondent Sam Brock tried to paint a rosy picture of the economy.

Pollster Frank Luntz wrecked the Biden administration for claiming that inflation is at “zero” when most Americans are struggling with grocery and gas prices, among other prices.

Disgruntled New York Times economist Paul Krugman is clearly willing to sink his career further into the reputational abyss by mudding semantics to save President Joe Biden’s hoax that we had zero inflation in July.

A political megadonor is dropping the Democratic party cold turkey for allegedly misleading the American people on COVID-19.

A pilot Twitter program for platform users to identify “misleading” information surprisingly dinged President Joe Biden’s press secretary for gaslighting people on inflation.

Following CBS Mornings’ lead, ABC’s Good Morning America used the .6 percent drop in inflation for July to declare firmly that “we’ve turned a corner on inflation” ahead of the midterms that are set to handily strip Democratic control of the House. They were also bold (or desperate) enough to suggest that paying over $4 a gallon for gas “feels like a bargain.”

President Joe Biden went before the cameras today to falsely claim that “our economy had zero percent inflation in the month of July”. Univision´s morning news crew reported the inflation rate at 8.7%, “high, but lower than the 9.1% of June”. But reporter Galo Arellano crowed, in his zest to fulfill the role of regime media propagandist, that the current gas prices of under $4 per gallon, ´…

Brownstone Institute President Jeffrey Tucker tore apart the liberal media narrative on jobs numbers in an exclusive interview with MRC Business.

New York Times economic columnist Paul Krugman is now pretending to be a climate expert since his economic record on inflation is just awful. Now, he’s celebrating Democrat senators for allegedly trying to “save” civilization from a supposed eco-disaster with their $740 billion Inflation Reduction Act, projected to worsen inflation.

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…

On Monday, CNN analyst Ryan Lizza declared: “For history, I think it’s a pretty big deal....You have to go back to – depending on how you define these things – to LBJ. So, I think for history, Biden – I don’t think there’s much debate anymore, he is an enormously consequential president and just judging him by his legislative agenda, you know, he’s sort of in that modern pantheon now.”…

Americans overwhelming doubt that Democrats’ $740 billion “Inflation Reduction Act” will actually what its title promises – including four of five self-described Democrats – results of a new YouGov survey of U.S. citizens reveal.

Shark Tank host and entrepreneur Kevin O’Leary made the case for why President Joe Biden’s so-called “Inflation Reduction Act” will actually be “very inflationary” on Monday. 

Picking up where they left off during their respective morning shows, the three evening broadcast network news shows on Monday gushed over the passage of the so-called “Inflation Reduction Act” which they labeled as “blockbuster” and “historic.”