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February 21, 2023
Former President Barack Obama’s National Economic Council Director sounded the alarm on the Federal Reserve’s inability to tame inflation and warned about “a collision or crash down the road.”
Economist Larry Summers warned the public in a Saturday…
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April 4, 2022
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…
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March 15, 2022
Economist Lawrence Summers tore into President Joe Biden for redirecting the blame for America’s inflation crisis.
Summers, Obama’s former National Economic Council director, said Biden was flat-out “wrong” to blame inflation on Russia’s…
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May 10, 2021
CNN recently had a rough day when it conceded realities that underscored why President Joe Biden’s stimulus monstrosity was proving to be a disaster for the economy.
CNN co-anchor Brianna Keilar admitted that a “debate erupted this week over the…
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February 8, 2021
One of former President Barack Obama’s National Economic Council directors shocked the internet by criticizing the enormity of President Joe Biden’s $1.9 trillion COVID relief proposal.
Progressive economist Larry Summers argued in a Feb. 4 op-ed…
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June 13, 2019
The current economic expansion could “make history” if it lasts through July, but Bloomberg BusinessWeek pooh-poohed its 10th anniversary saying “no one’s partying” in the June 10 issue.
Economics editor Peter Coy…
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November 2, 2018
With the election looming, the addition of a quarter million new jobs in October, grabbed headlines. But NBC Nightly News gave more than twice as much attention to the hot topic of celebrating Hollywood’s movie rating system.
On Nov. 2, the…
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June 26, 2018
Once again, the broadcast networks have proven they care more about economic news that makes President Donald Trump look bad, than stories that make him look good.
On June 25, CNBC reported that its All-America Economic Survey found “more…
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April 23, 2018
The Federal Reserve and the Conference Board both issued positive progress reports about the U.S. economy last week. Neither got a peep from the broadcast networks on those days.
In fact, on April 18 and 19, the evening news broadcasts on ABC…
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March 12, 2018
February job gains came in at a whopping 313,000 new jobs, so much that NBC Nightly News anchor Lester Holt acknowledged it “blows away economists’ expectations.” The Wall Street Journal said expectations were at only 205,000.…