Fox News is Slipping out of the Trump Orbit


Popular Fox personality, Maria Bartiromo, reported recently that business numbers are getting worse and the business community is starting to blame Trump. She continued to repeat a recession would be Biden's fault but still reported blame on Trump in other quarters is growing. 

It will not be possible, of course, for Fox personalities to continue indefinitely to blame Biden. If things continue to slide Fox will have to eat the bullet. It's obvious they do not want to criticize Trump. It will be entertaining to watch the squirming. 

In all fairness, the economy is so complex assigning cause and effect for everything that happens is a bit dicey. A billion moving parts each seeking its own advantage make it quite unpredictable. Until Franklin Roosevelt came on the scene and started telling people he would save them in the Great Depression the conventional wisdom was one's economic well-being was regulated if at all by local politicians, not national. Now Presidents claim, thus create the impression, they are in charge when times are good and someone else is at fault when times are bad. 

What does happen, however, is specific parts of the economy are sometimes tied to specific acts of specific Presidents. Trade policy is one of these. In his previous term, Trump imposed tariffs on Chinese goods and China cut back on the U.S. grain it purchased. China made ties to other countries that produce the same grain. U.S. producers have been unsuccessful in taking back this business. This has tamped down grain prices. Foolishly, rural areas supported Trump again this time. 

Since the news world is required to make events seem simple so readers and listeners feel they understand what is going on, we will see, I believe, more business problems blamed on Trump. Whether this will translate into victories for Democrats in the 2026 elections we don't know.

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