Recession

The media exuded panic surrounding the vote for the U.K. to leave the European Union, commonly called Brexit. Reports after the vote panicked over how much markets had fallen, worried about a potential recession for the UK and otherwise attacked…

Warning: Story includes explicit content. The UK’s surprising decision to exit the European Union brought out typical sneering from journalists, as well as warnings that the decision would bring gloom and doom to the country.

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The Federal Reserve announced it wouldn’t raise interest rates, in part due to poor employment growth and economic “headwinds.” Two out of the three broadcast networks ignored the decision.

Federal Reserve…

Former Reagan official David Stockman predicted that whoever was elected president in 2016 would “inherit a recession.”

Stockman, former Director of the Office of Management and Budget for President Ronald Reagan, said on May…