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August 4, 2020
When U.S. GDP dropped 9.5 percent, multiple media outlets and journalists fired off on Twitter and their headlines that second quarter GDP actually fell 32.9 percent, which was false. The 32.9 percent figure is the annualized rate of decline in GDP…
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July 30, 2020
It turns out the news media can’t even report bad news without making it worse. Multiple outlets pushed a false statistic that U.S. GDP fell 32.9 percent in the second quarter.
Fact: It fell 9.5 percent. Not 32.9 percent. The 32.9 percent…
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February 6, 2020
Forget the liberal media’s scrambling to throw cold water on President Donald Trump’s State of the Union Address. CNBC host of Mad Money Jim Cramer gave high praise for Trump’s economy, a major focus of the president’s speech…
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July 22, 2019
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) offered a “dark prediction” of economic crisis and the liberal media immediately helped her sell those fears.
Warren wrote of “The Coming Economic Crash and How to…
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May 3, 2019
April was a great month for jobs with another upside surprise.
CNN reported on May 2, that it was expected to be “a healthy but unspectacular” 185,000 jobs. Unemployment was expected to remain at 3.8 percent. MarketWatch was expecting a…
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January 8, 2019
Freshman Rep. Alexandria Ocasio-Cortez, D-N.Y., has many policy ambitions, among them she floated the idea of hiking the top tax rate to a whopping 70 percent to pay for a “Green New Deal.”
Although a chorus of media liberals defended…
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January 4, 2019
The December jobs report crushed expectations on Jan. 4, with 312,000 jobs added, a strong participation rate, wage gains and two months of upward revisions. That was 136,000 jobs more than expected.
“It’s good for the economy, it…
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July 27, 2018
CNBC’s Squawk on the Street and Bloomberg.com viewed the latest U.S. GDP report as good news for the Trump administration.
The 4.1 percent second-quarter GDP estimate announced July 27, was the best quarterly pace in almost four years.…
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April 27, 2018
CNBC’s on-air editor Rick Santelli reacted to the April consumer confidence numbers positively, but the same night ABC, CBS and NBC evening news programs all ignored the latest update of consumer attitudes toward the economy, as did their…
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April 11, 2018
You’ve probably heard already. April 10, was “Equal Pay Day,” a symbolic day media, politicians and celebrities use each year to complain about gender-based pay discrimination — by abusing a statistic that does not illustrate…