Commentary
Governing the world’s economic superpower is tough, but it is a lot easier when the media are on your side. The tale of CNBC and the Biden administration is a classic example of a television network providing cover for every economic-related pronouncement and action made by Joe Biden’s Council of Economic Advisers and others.
Let us examine the topic through a survey of recent articles posted at CNBC.com.
Background
CNBC is NBCUniversal News Group’s flagship network for reporting business and financial news in the United States and around the world. The News Group is a division of NBCUniversal, both of which are wholly owned and operated by Comcast. Comcast, which is the number one provider of video and residential internet service in the United States, “acquired a 51 percent stake in NBC Universal from General Electric Co.” in 2011….