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Craig Peters's avatar

Thanks Marc. This is a great explanation of the strange current dynamic where the U.S. economy is basically thriving (14.1 million new jobs since Biden takes office, GDP 3-5% depending on the month, inflation down to 2021 levels at 2-3%, unemployment at 50 year lows, major infrastructure investments etc...) but the media seems perversely intent on downplaying how well things are going. We of course expect that from MAGA and Fox not really news, but the so called mainstream media just can't seem to understand that their role in a civilized society is to lay out the facts to their audiences - not just seek "clicks" and the advertising dollars that go with them. Call me a dreamer - but ... Hoping to see that the ongoing strong success of the US economy and governance by the current administration continues to break into the minds of more Americans.. Please keep up your solid reporting and writing!

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Bob's avatar

Americans have trouble understanding how economic numbers are related, leading to erroneous connections between one aspect and another. There’s also an outsized belief that Congress or the president can magically override economic factors and make inflation go away. What Congress can do is to hold corporations accountable for price gouging.

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