CNN quoted Paul Krugman, a Nobel Prize-winning economist, as the source of its article on tax cuts.
Krugman happens to be a staunch liberal economist.
The Republican tax cuts passed in December have been ineffective and a “nothing burger,” Krugman said, as it has not led to economic growth nor have tax cuts benefited the average American worker.
Both Krugman and CNN failed to report that Americans are encouraged and upbeat about the U.S. economy.
“For the first time in at least 11 years, more than half of the respondents to the survey rated the economy as good or excellent,” CNBC reported.
They also overlooked the 400-plus companies announced tax-cuts-related employee bonuses, enhanced health care benefits and coverage, higher minimum or hourly wages, and other benefits.
Freedom Partners Chamber of Commerce maintains a list of these company announcements and added benefits.