Media Ignores Wage, Regulatory Issues Causing Starbucks Store Closings

June 21st, 2018 9:59 PM
Starbucks CEO Kevin Johnson announced Tuesday that the nation's number 3 fast-food outlet (by number of locations) is closing 150 U.S. stores. It's not difficult to read Johnson's comments as indicating that the shuttered stores will primarily be in "blue" or liberal sections of the U.S. At the same time, he has specifically targeted "middle America and the South" for expansion. The business…

Diversity and Inclusion Harm

June 13th, 2018 5:35 PM
In conversations with most college officials, many CEOs, many politicians and race hustlers, it's not long before the magical words “diversity” and “inclusiveness” drop from their lips. Racial minorities are the intended targets of this sociological largesse, but women are included, as well. This obsession with diversity and inclusion is in the process of leading the nation to decline in a number…

Jobs Market Milestone: Nets Skip News of More Jobs than Jobless

Business
June 7th, 2018 8:52 AM
There are now more job openings in America than Americans looking for jobs. The Wall Street Journal reported on June 5, that in spring 2018, the U.S. economy reached this unique milestone — the first time since the Labor Department began tracking the statistic in 2000.

Press Criticizes Trump's Jobs Tweet, Ignored Obama's Similar Actions

June 6th, 2018 6:33 PM
On Monday, columnist James Freeman at the Wall Street Journal's "Best of the Web" noted the selective memories seen in the vast majority of the press over President Donald Trump's relatively noncommittal but nonetheless protocol-breaking tweet an hour before Friday morning's upcoming jobs report. Many of them had a serious case of the vapors, but didn't recall three instances when former…
Video

Sanctimonious Cuomo: Doesn't Trump 'Need to be a Better Man?'

June 6th, 2018 12:52 PM
Tuesday marked the second edition of Chris Cuomo’s new show, Cuomo Prime Time. It’s quickly becoming clear that the show will just be another platform for liberal anger on CNN. Anthony Scaramucci, former White House Press Secretary, joined Cuomo for a discussion about Donald Trump rescinding the invitation of the Super Bowl champion Philadelphia Eagles to visit the White House. Scaramucci took…

NBC Swamps Jobs News in Trade Fears, CBS Shortchanges With 17 Seconds

Business
June 4th, 2018 4:01 PM
The “booming jobs market” got very different treatment from each of the three broadcast networks as unemployment dropped to 3.8 percent. While ABC, CBS and NBC evening news shows all reported the “stronger than expected” numbers, NBC Nightly News spent more than four times as long complaining about a tweet from President Trump ahead of the jobs numbers and fears of a trade war that “threaten”…
Video

AP on Record-Low Black Jobless Rate: 'Taking Chances' on the 'Ignored'

June 3rd, 2018 7:36 AM
In his coverage of Friday morning's stellar jobs report, the Associated Press's Chris Rugaber came up with a couple of doozies aimed at curbing readers' enthusiasm. The AP economics writer half-expected that employers would rein in their hiring over confrontational rhetoric President Donald Trump and other foreign leaders have recently engaged in over trade and tariffs. He also implausibly framed…

Capitalism vs. Socialism

May 30th, 2018 5:39 PM
Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is.

Invisible Economy: No.1 Issue for Voters Gets Just 18 Stories in Month

Business
May 10th, 2018 1:58 PM
The media are treating the economy like a good-news/bad-news story. The good news is the economy is going well and unemployment is down to just 3.9 percent — the best since 2000. The bad news is ABC, CBS and NBC evening news programs don’t want to talk about it. ABC's World News Tonight, CBS Evening News and NBC Nightly News continued to supply minimal reporting of economic issues between April 1…

ABC: Star Wars Day Gets 6X Coverage of Lowest Unemployment Since 2000

Business
May 7th, 2018 8:21 AM
The force might have been with ABC on May 4, but interest in the U.S. labor market certainly wasn’t. That night World News Tonight with David Muir spent a meager 15 seconds announcing the April jobs report which showed the lowest unemployment rate since 2000. That 3.9 percent was what other journalists called a “wow number” that could even help re-elect President Donald Trump.

Slate, With Unemployment Rate at 3.9 Percent: It's 'Meaningless'

May 6th, 2018 4:46 PM
You had to figure that a left-leaning journalist somewhere would denigrate Friday's news that the nation's seasonally adjusted unemployment rate fell below 4 percent for the first time since 2000. Jordan Weissmann, in a Slate.com column beginning with a headlined contention that "The Unemployment Rate Is Meaningless," came through.
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MSNBC SHOCK: Predicts Trump ‘Landslide’ Due to 3.9% Unemployment, NK

Business
May 4th, 2018 10:14 AM
The unemployment rate dropped below 4 percent for the first time since 2000, prompting analysts to call it a “wow” number. It also provoked a surprising election analysis from MSNBC Morning Joe contributor Donny Deutsch on May 4.

BET Founder Says Trump Economy Helping Blacks; WaPo Prints 9 Days Late

Business
April 17th, 2018 10:13 AM
Robert Johnson, the founder of BET television and America’s first black billionaire, had some positive things to say about the economy in April, but most liberal media failed to notice. The one national paper to cover it delayed including it in the print edition for more than a week. Citing multiple factors including “fairly stable” interest rates, the “Trump tax cut,” and historically low…

Nets Cover Reindeer Birth, Bad GPS, Menendez ‘Reunion,’ Not March Jobs

Business
April 10th, 2018 10:28 AM
A fuzzy animal, faulty directions and famous murderers all outranked the latest jobs report from the Bureau of Labor Statistics. The BLS announced on April 6, that the U.S. added 103,000 jobs in March and unemployment remained low. However, the more than 25 million combined viewers of the broadcast networks' evening shows weren’t notified that night.