December 10th, 2016 09:04 AM
Rachel Maddow, a left wing, liberal gave President Obama full credit for the recent rally in stocks since Trump has been elected on her MSNBC show on Thursday.
Maddow said that since Obama has been in office, the Dow Jones Industrial Average has gone from 7949.09 to 19,614.81 which is true but gave zero credit to President-Elect Trump for the so called “Trump Rally” which makes her statement misleading. There is a graphic from her show in the video and below.
Rachel Maddow failed to remind her viewers that interest rates were at zero most of this time and that the government was printing money at record levels and reinvesting it in the U.S. which directly contributed to the long and steady rise in stock prices. She also left out the true reason stocks have skyrocketed since the election.
The hypocrisy of the left is in overdrive right now as they accuse Breitbart, The Drudge Report and other conservative media outlets of fake news and threaten shutting down the oppositions freedom of speech. But, when liberal outlets like NBC report false stories like Mr. Brian Williams did which resulted in him losing his job on NBC Nightly News, or so conveniently leave out major facts in reporting the way Rachel Maddow did on Thursday, it is considered real news.
Inaccurate reporting is why MSNBC has such bad ratings in the first place. They have been backing Obama and attacking conservatives every day for the past 8 years while only reporting what they think should be reported instead of reporting all the facts which has helped to contribute to the medias lowest trust rating in history.
Right now, the Dow Jones Industrial Average is at 19,756.85 and many Wall Street investors think that we are going past 20,000 next week because of what has been known as ‘The Trump Rally’. The Trump Rally started the day after the election when the Dow Jones Industrial Average was at 18,332.74.
One last point. When George Bush left office, the national debt was at $10.62 Trillion dollars, which conservative will admit is too much. Lots of money was spent in Iraq, Afghanistan, and creating the Department of Homeland Security.
When Obama leaves office, the debt will be doubled and around $20 Trillion dollars and Americans are left with an inferior and expensive health care system that has never worked for many middole class Americans. At least the Department of Homeland Security helps to keep us safe. The price tag of Obamacare, our premiums, and deductibles might be making our health worse rather than better.
But you won’t hear this on NBC, MSNBC, ABC, CNN, The Huffington Post, The New York Times or any other bias and democratically controlled media outlets.