Economy

Tesla CEO Elon Musk declined a seat on Twitter’s board of directors after becoming the platform’s largest shareholder with a massive 9.2 percent stake. But this move could end up signifying an even greater play by Musk to seize control of the platform, according to CNBC.

The director of former President Barack Obama’s National Economic Council landed some solid punches and dished out some harsh warnings for the Federal Reserve in a recent Washington Post op-ed.  

Washington Post opinion columnist Jennifer Rubin absurdly claimed that “Biden’s economic record is extraordinary, but it is marred by inflation.” That’s like pretending an athlete is healthy except for the fact that they’re “marred” by a torn ACL and a broken wrist.

On Monday, The Blaze’s Carlos Garcia reported on how “Washington Post columnist Jennifer Rubin was hammered on social media for giving a defense of the economy under President Joe Biden in her newest column.” He noted her laughable claim “that if inflation were not a factor that Biden’s ‘economic performance’ would be ‘unmatched.’”

Billionaire and Tesla CEO Elon Musk slammed woke corporate policies as “the Devil Incarnate” on Twitter. Is the world’s richest man, worth $298 billion according to Forbes, totally based now? 

President Barack Obama’s former director of the National Economic Council Lawrence Summers blasted the Federal Reserve for pushing fairy tales on inflation. Summers criticized “the Fed’s current forecast” of a massive drop in inflation during the Peterson Institute for International Economics (PIIE) virtual event on trade liberalization and inflation relief.

MSNBC senior business correspondent and The 11th Hour host Stephanie Ruhle appeared on MSNBC Reports on Friday to absolve President Biden of any blame for high gas prices and to enthusiastically endorse tax increases as the solution.

A high-profile liberal economist, and reported Hillary Clinton donor, said that the chances of recession in the U.S. are looking increasingly more likely, according to CNN. Moody Analytics Chief Economist Mark Zandi reportedly said that the “US economy has at least a one-in-three chance of sinking into a recession over the next 12 months,” CNN Business summarized.

New York Times economist Paul Krugman seems to be a glutton for punishment to his already pathetic track record of atrocious economic predictions. Krugman is back trying to gaslight Americans over the 40-year high inflation crisis — again — in an op-ed headlined, “How High Inflation Will Come Down.”

On Monday evening's The 11th Hour on MSNBC, after reading some of the key findings of the new NBC poll showing Biden's approval ratings sinking, host Stephanie Ruhle seemed stumped as to why President Joe Biden isn't getting credit for what she describes as his "big wins." 

A powerful government regulator is trying to force all publicly traded companies to disclose their greenhouse gas emissions and their supposed climate risks. But the ABC, CBS and NBC evening news shows squelched the green tyranny announcement, giving it zero coverage on four consecutive days this week.

Fox Business host Stuart Varney predicted stagflation and an economic disaster of the highest magnitude in decades on Tuesday's Varney & Co.

A damning new poll shows Americans are rejecting the media’s spin campaign to protect President Joe Biden from political backlash on the inflation crisis. The ABC, CBS and NBC evening news networks completely ignored the story.

In Bloomberg Opinion’s world, inflation would hurt Americans less if they simply took the bus, ate lentils and let their pets die from cancer. The poor need to behave, after all. Based on that op-ed, professor of economics at the New School for Social Research Teresa Ghilarducci might want to consider running for president of the Out Of Touch Association.