Economy
NY Times Looks to End Capitalism: 'What Can Replace Free Markets?'
Two anti-capitalist diatribes in the guise of news articles made the same edition of the New York Times. Steve Lohr, who covers business and economics, praised a new left-wing consortium of foundations and academics out to replace the free-market system that has brought so much prosperity to so many in America: “Wary of Economic Neoliberalism, Groups Fund Research on Alternatives.”…
Rich CNN Host: ‘Economy Is Doing Well,’ Don’t Believe Your Lying Eyes
CNN commentator Fareed Zakaria couldn’t seem to understand why Americans seem “gloomy” about a “strong” economy. Has he been paying attention?
Shameless CBS Strategizes on How to Help Biden Plot Midterms Comeback
Monday’s CBS Mornings welcomed in newly-minted CBS News chief election and campaign correspondent Robert Costa with a strategy session for the table to diagnose how President Biden and their fellow Democrats can weather the storms of bad polling, a tough economy, and the crisis in Ukraine. Most of all, it concluded presidents have little control over the economy and Democrats haven’t talked…
WHAT? Paul Krugman Proclaims 40-Year High Inflation ‘Not a Crisis’
New York Times economist Paul Krugman must be a glutton for punishment. He’s gone from spending months downplaying the surging inflation threat, to admitting he was wrong on inflation, to now dismissing it altogether as a crisis.
CNBC’s Rick Santelli Nukes Fed Following Devastating Inflation Report
CNBC’s on-air editor Rick Santelli tore apart the Federal Reserve following the devastating report that inflation spiked to 7.5 percent for the highest level in forty years. Santelli ripped the Fed for its lackluster approach to fighting inflation along with Leuthold Group Chief Investment Strategist Jim Paulson's seemingly out-of-touch positive prediction on the U.S inflation outlook during…
CNN’s King Frets Bad Biden Poll: His Successes Aren’t ‘Sinking in!’
CNN’s latest poll dropped Thursday afternoon and, while Inside Politics host John King went through the devastating numbers for President Biden (including 58 percent disapproval), he sought to cushion the blow by insisting his many accomplishments aren’t “sinking in out in America” and it stemmed from a “failure to communicate” by the White House.
As Inflation Skyrockets, MSNBC Frets About Possible Doom for Dems
The disastrous inflation numbers released on Thursday have even penetrated the liberal cocoon of MSNBC. One MSNBC host late late last year told viewers “the dirty little secret” of inflation is that Americans can afford it just fine. But now the network is worried about a looming nightmare for Democrats in the 2022 midterms.
WSJ Editorial Board Casts Major Shade on Positive January Jobs Report
The Wall Street Journal Editorial Board threw a big wrench into the media machine celebrating President Joe Biden’s so-called win on the better-than-expected January jobs report.
Big Three Ignore Gallup Poll Showing Americans Panning Biden Economy
A new Gallup poll shows the cratering view the American people have taken of the U.S. economy under President Joe Biden. The Big Three evening news networks buried it for nearly a week.
Comrade! Bloomberg News Praises Communist Chinese Venture Capitalists
Friends of the Chinese Communist Party (CCP) around the world, unite! Liberal outlet Bloomberg News recently praised local CCP officials for becoming great “venture capitalists,” especially through funding electric vehicle startups like Tesla rival Nio.
AWKWARD: Wall Street Journal Exposes Corporate Doublespeak on Olympics
The Wall Street Journal called out American companies for sponsoring the Olympics in a country the U.S. has accused of genocide. In an article headlined “Why the Beijing Olympics Are Awkward for Corporate Do-Gooders,” The Wall Street Journal…
TIME’s Suggestion for U.S. Inflation Fight? ‘Tackle Climate Change’
The eco doom-mongering TIME magazine virtue-signaled that the U.S. needs to fight climate change if it's serious about fighting inflation. Really. The rag published a bonkers Feb. 3 article headlined, “If the U.S. Wants to Fully Tackle Inflation, It Needs to Tackle Climate Change.” After blaming consumers in part for driving the worst inflation seen in nearly 40 years, along with…
WH Avoids Talking Unemployment & Struggling Businesses, Blames Omicron
White House Press Secretary Jen Psaki blamed the COVID-19 omicron variant for job losses in advance of a potentially terrible jobs report scheduled to be released on Feb. 4 by the Department of Labor.
Bad Government Brings Bad Inflation
Inflation is the worst in 40 years. The price of cars is up 37%. Gas is up 49%. During the last few years, as politicians spent ever more money, experts told us not to worry. Jerome Powell, chair of the Federal Reserve, said inflation would be “transitory.” Treasury Secretary Janet Yellen said, “I don't anticipate inflation is going to be a problem.” Now she says, “I'm ready to retire the word…