Corporate media's flagrant right-wing propaganda on the economy

This could in part be an indicator of how nervous the greedheads are getting, about the GOP's, and even corporate Dems', electoral prospects in coming cycles. With crap like this their mouthpieces are basically sacrificing any chance of gaining younger, more knowledgeable audiences for the long haul.

If you were a casual consumer of the news over the last couple years, you may not have heard much about these success stories. You may, in fact, think that everything has suddenly gone wrong all at once.

And it would be hard to blame you. In the wake of a historically progressive response to an economic downturn, corporate media have been intently focused on the negative...

In this environment, any discussion of Biden’s poor approval ratings on economic policy has to include consideration of the media’s role in manufacturing those ratings. In the wake of the Covid recession, in May 2020, Trump’s disapproval on this measure hit 51%. Biden’s most recent rating is a full 16 points worse, at 67% disapproval. This despite a much stronger economy than in May of 2020—the unemployment rate, for one, is nearly 10 percentage points lower now.

If we want to understand how progressive policy is undermined by a media owned by the wealthy, the experience of the last several years offers a case study. In the wake of robust government intervention in 2020 and 2021 that cut inequality and boosted incomes, especially for those at the bottom, inflation-mania has taken over in the media. - FAIR