1. Koch's Are Like Thanos From Avengers Infinity War! (The Right's Version Of Capitalism Could Be Called Thanos Economics!)
2. Delineating Between Capitalism, Industrial Capitalism (Vulture Capitalism) And Democratic Socialism (Constitutional Capitalism)
3. Case Study: Many "Business" Channels (Such As Fox Business) Are Designed To Deceive It's Viewers For Profit
4. Fox News Has Literally Been Created For Obstruction Of Justice (i.e. Choosing Party Over Country Is What They Are All About)
The problem with the following image is that it accurately portrays what passes for economic science taught to the masses from a major news channel actually made to be the mouthpiece of an entire party "representing" half the country.
Economic cycles take years. A person getting elected to power doesn't automatically inherit the economy and if its good it means the person who suddenly got elected did that. That's stupid.
All the GOP have done so far is make money for the rich, not the country. The country - the people, defined as the masses - are worse off. It just takes longer than a year for most of thier policies to take effect (trade war was pretty fast but normal economic cycles take years unless you kill it overnight like in the last GOP administration).
Proofs the GOP and thier mouthpieces (Fox News & Fox Business are lying);
Fox host says that Trump should take credit for the good of the stock market, but not the bad Varney’s praise of the "Trump stock market rally" conveniently ignores steady growth of the Dow under Obama
Read full piece here.
Fox's Stuart Varney hypes wage growth under Trump. In fact, real wage growth has gone down.
Fox Business host Stuart Varney appeared on Fox & Friends to hype economic growth under the Trump administration, claiming “wages are rising 25 percent faster under President Trump than they did under President Obama.” From the July 31 edition of Fox News’ Fox & Friends:
On Fox & Friends, Stuart Varney defends Trump's $12 billion bailout for agricultural industry that he hurt with his tariffs Varney: "He's mitigating the damage, which China's tariffs on our agricultural products will produce that damage occurs in the farm belt. Politically sensitive."
Fox is deceptively hyping GOP’s next tax bill that just benefits the ultra rich
Trump tax cuts disproportionately benefit the wealthy
Data so far show Trump tax cuts having no positive effect on the economyRead full piece here.
An Overwhelming Majority Of Economists Are Predicting Failure For Trump’s Tax Cut Agenda Will Journalists Continue To Take Trump’s Empty Economic Promises Seriously?
Fox claims wages are going up. They're actually falling. Average “real wages” are falling because growth isn’t keeping up with inflation
American job growth falls short of expectations in July
The misguided pitch behind Trump’s new fuel-efficiency standards
Republicans are losing their religion on deficits "The Trump Stimulus will cost more than the recovery act Republicans fought against so forcefully when Barack Obama was President," says Chris Hayes.