Economy

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.

In late October, ABC’s World News Tonight spend 16 seconds teasing how the price for your Thanksgiving dinner was going to increase in anticipation of the fuller picture that would show itself as the holiday drew closer. But with the price of turkey up 20 percent, other meats up 11.9 percent, and fuel up 50 percent, ABC was nowhere to be seen while CBS Evening News was…

On this episode of the NewsBusters Podcast, Nick “Night Train” Fondacaro and White House briefing scribe Curtis Houck are hanging around to discuss the liberal media’s open disdain for average Americans as they scoff at those struggling to make ends meet because of inflation, with one even suggesting people were lying about their struggles.

The term “gaslighting” comes from the 1938 British play “Gas Light.” In the play, a woman's husband pushes her to the edge of sanity by insisting their gas lighting is not dimming. In fact, it is dimming. Gaslighting is a manipulation tactic meant to convince people the things they see and know are not actually happening. In the last four years, Democrats railed against then-President Donald…

Following a sudden hiatus due to her bout with Covid, The Psaki Show returned to the small screen on Friday afternoon and, though Fox’s Peter Doocy wasn’t in attendance, there were still plenty of noteworthy moments, highlighted by NBC White House correspondent Peter Alexander twice asking Jen Psaki about the proliferation of “Let’s Go Brandon” chants nationwide.

The rich liberal elites of CBS News made it clear that their concerns about inflation didn’t have to do with the painful cost it was inflicting upon average Americans, but that it could cost Democrats the midterm elections in 2022. This fact was evident during Sunday’s Face the Nation when moderator Margaret Brennan pressed Treasury Secretary Janet Yellen to get inflation under…

Are you or someone you know struggling financially to cope with the soaring cost of inflation? Well, according to NBC business correspondent Stephanie Ruhle on Sunday Today, the “dirty little secret” is that the American public can afford inflation just fine and they’re just bellyaching. But you just might have to sell your home or tap your 401K to survive the winter.

On Friday, NBC’s Today show echoed the infamous words of former President Jimmy Carter as it told Americans to “turn down the thermostat” in order to deal with wildly inflated fuel costs this winter. While the report mentioned pressure on current Carter-esque President Joe Biden to find a way to lower oil and gas prices, the network completely ignored the administration’s radical push…

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…

When she is not hosting her own show on MSNBC, Stephanie Ruhle doubles as the network's senior business correspondent and it was in that role that she lamented to MTD Daily host Chuck Todd that the Biden Administration is not telling their supposedly "great economic story."

The ABC, CBS and NBC morning news shows censored one of the most alarming inflation reports released this year. The liberal media networks’ protect-Biden saga continues unabated.

If you happen to be financially strangled by spiking inflation, take heed to the advice proffered by Univision’s midday Noticiero Digital during a report on the dismal Consumer Price Index numbers for October 2021: deal with inflation and refrain from splurging on things you don’t need, like coffee or driving your car to work.

Left-wing billionaire George Soros is reportedly backing a new leftist news outlet that openly advocates on behalf of labor unions.

We’ve reached the point in America where leftist network MSNBC actually tried to hoodwink people into believing that the huge price spikes caused by inflation are a good thing. MSNBC had the audacity to tweet out a nutty op-ed celebrating COVID-19 and downplaying the threat of inflation with the caption: “Why the inflation we’re seeing now is a good thing.”