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!
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.
what we have today is yellow journalism beyond belief and there doesn't seem to be an end to it so people like me go elsewhere, eventually it will affect their bottom line.
Both the media and the general public need to change attitudes. When most media are profit-driven they will write what sells, and people click more often on sensational and enraging headlines. They also want that supply of sensation and anger to come in fast and hard.
One of the many reasons that I recently retired after three decades of working as a correspondent was that speed, quantity, and the number of clicks had become far more important than the value and quality of the information conveyed.
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!
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.
And refrain from voting down bills that ban price gouging.
“I make my livin’ off the evenin’ news
Just give me somethin’, somethin’ I can use
People love it when you lose
They love dirty laundry”
- Don Henley
what we have today is yellow journalism beyond belief and there doesn't seem to be an end to it so people like me go elsewhere, eventually it will affect their bottom line.
Correct..thank you for stating what should be obvious to thinking people.
Thank you! 🙏 A good explanation of the current state of affairs.
Both the media and the general public need to change attitudes. When most media are profit-driven they will write what sells, and people click more often on sensational and enraging headlines. They also want that supply of sensation and anger to come in fast and hard.
One of the many reasons that I recently retired after three decades of working as a correspondent was that speed, quantity, and the number of clicks had become far more important than the value and quality of the information conveyed.