U.S. economy

Investor’s Business Daily Finds: Feds Economic Boost Didn’t Help Much

julia.seymour — Wed, 21 Aug 2013 15:08:47 +0000

Federal Reserve program to buy bonds has done ‘little’ to improve U.S. economy.

Julia A. Seymour

The Federal Reserve has spent more than $2 trillion buying up assets since 2008 (often government bonds and mortgage securities) in an attempt to shore up the economy. Proponents argued what was called “quantitative easing” or QE was necessary “based on the idea that without it, the nation’s economy would have imploded,” according to Investor’s Business Daily.

CNBC Anchor's 'Gut Feeling' Says No Recession

admin — Mon, 12 Nov 2007 16:26:01 +0000

Jeff Poor

Talk about a contradiction.

Maria Bartiromo, described by The Wall Street Journal as “the face of CNBC,” delivered a worried report about the U.S. economy and the possibility of recession on NBC’s “Today,” before stating that she thinks a recession will not happen.

GMA: Sweaters Predict Coming Economic 'Crisis'

admin — Wed, 17 Oct 2007 18:24:46 +0000

Paul Detrick

What determines an economic crisis? According to “Good Morning America,” it’s sweater sales.

ABC’s “GMA” began its October 17 broadcast with a report that might be confused with one of the signs of the Apocalypse—complete with red flags waving as they mentioned each economic problem. One of those was the sweater factor.