Someone Doesn’t Get Credit: CBS Touts Congress for Stock Boom

Scott Whitlock | January 5, 2018
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[See NewsBusters for more.] CBS This Morning journalists on Friday actually hyped the booming stock market, touting it breaking 25,000 as a “wow!” moment. Yet, while Congress, tax cuts and vague talk of deregulation got credit, Donald Trump’s name was never mentioned. Asked by co-host Norah O’Donnell for the cause, Hobson gushed, “Wow! That is all I can say. It’s quite a start! We broke through lots and lots of records last year. Started this year off strong.” Going into specifics, she credited, “A lot of it has to do with the fact that corporate profits have been strong. Should only get better because of the recent tax cuts that Congress has delivered to them. Unemployment is really low.”

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