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Not only is the media onboard with the inflationINFLATIONinflation meme, we are constantly being told of the Red wave coming in 2022, even after Republican nut jobs like Boebert, Gosar, Gaetz, Greene and Cawthorn are shown doing their standup routines on the House floor. What they all have in common with Trump is the fact that they have no idea what government does or is supposed to do, and they are all astoundingly unfit to serve. But the media tells us America wants MORE of these clowns. The media, like the Republican party, has sued reality for a divorce.

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Really well stated. Nobody knows WTAF is ahead in Nov 2022 , except the GOP Whining like a bunch of stuck pigs about 2020 and 2022 were stolen And maybe taking another bite at voter suppression

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The Biden administration is looking into price gouging at the pump since refining costs have gone down.

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I know from personal experience that financial advisors know the truth as well. Mine, staunch Republicans, not the lunatic type that have invaded Washington, agree that inflation is temporary while demand is high and production is getting back on its feet. The problem is that the GOP continue to claim the sky is falling while the MSM does nothing to counter the lies. Lots of people who do not read Press Run or tune into Freespeech.tv and other progressive outlets that work without a filter will buy into the idea that the only way to fix things is to vote in more Republicans in the midterms. I'm tired of hearing that the Democrats don't tout their successes enough. They do, every day. But what can they do when the media doesn't convey their message? Even MSNBC, the so called liberal counterpart to Fox News often does the GOPs work with pieces on Biden's poll numbers and Republicans are likely to take the House in '22 and perhaps the Senate too. It's so frustrating to see all the real progress being made and for the press to treat Biden like he's some ineffectual old fool.

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there is such a disconnect today, as you highlight. Consumer confidence is dropping to new lows...while consumer spending soars. i think that's driven by the media coverage

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Mark Zandi of Moody’s wrote and article this week “Here’s when high inflation will come to an end”. Zandi explains that inflation is temporary. What could make it last longer would be if investors, not consumers, expect it to last. What the media isn’t telling us is that investors clearly think this is just a temporary spike:

“Investors' inflation expectations remain steadfast at just above 2%. This is spot-on with where the Federal Reserve Board, whose job it is to manage inflation, wants them.”

https://www.cnn.com/2021/11/17/perspectives/inflation-high-prices-economy/index.html

Funny how that article by a highly respected market analyst has not gotten much attention. The media seems to be deliberately working to create a self-fulfilling prophecy of Biden’s doom. It’s hard to believe they are unaware of the effects of their hysteria.

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Someone wiser than me observed the phenomenon of voters, unhappy that democrats are unable to fix republican messes in a year or two, decide to put the people who created the mess back in charge

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It’s not even a year these days. We are a nation of stupid children if the polls are to be believed.

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Same cycle over and over. Bush Sr tanks the economy, drives up debt and rates ....Clinton runs one of the best economies EVER while being last POTUS With a balanced budget, Bush Jr takes over after ACTUALLY stealing the election, tanks the economy, launches an couple wars, drives up debt....rinse....repeat

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That's it in a nutshell

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It worries me because it's pushing Biden's poll numbers down and could end up putting the GOP back in power. And I think it shows how the news media is dumbing down America - people will believe literally anything the press spews, and the reporting on the economy, like the terribly inaccurate and overblown stories about the withdrawal from Afghanistan, is not being sufficiently rebutted by the Biden administration.

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author

agreed. good news: Dems have 12 months to try to tell their economic story

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The Biden administration has repeatedly addressed these issues but the media mostly ignores what Biden and others in the administration have said.

The media is a powerful filter and if they chose to ignore, downplay or distort Democrats’ statements it is very difficult for them to overcome that filter. The same media that covered Trump’s every idiotic public statement, often live, can’t be bothered giving Biden the same coverage. After all Biden is likely to stick to boring facts, not be spewing entertaining lies, insults and gibberish they way Trump reliably does.

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Absolutely. Yesterday Andrea Mitchell was talking to a House Dem who is retiring. They talked about the intransigence of the GOP and then she said but aren’t the Dems a “clown show” themselves, comparing the months long back and forth negotiations over infrastructure, BBB, and Voting Rights-you know how Bills are made—with the GOP insanity over Liz Cheney and Paul Gosart. That is the level of insanity we are dealing with. Various pundits will mention Joe can’t control this or that then go right back to “empty shelves for Christmas!” crap. Plus, the LAT published a ridiculous story by a new reporter talking about empty shelves across the South as he randomly interviewed people on his drive moving from his previous home to LA. It was rage inducing. And these stories and takes are everywhere.

The media has its narrative and no amount of facts will change it. On Deadline White House they had a whole segment on the disconnect between most people saying they were doing okay/well and the 70% who think the economy is on the wrong track. Yet not once did any of the panel mention media coverage may be a reason for the disconnect.

Most people aren’t news junkies or even frankly news consumers. They don’t read past a headline or a graph or two and hear the news on the car radio or in the background at home while living their lives. The message they are getting from the media is DOOM.

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I have been saying for a few years now that Andrea Mitchell's time has past. I really wish she would move on of her own accord.

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I'll never forgive her for her constant assaults on Hillary in '15-'16.

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?I read years ago that the average American's news consumption is 10 minutes of TV news per day. I read at least 2 hours a day and don't watch TV news because it's mostly pure spectacle. I particularly feel very disappointed by CNN.

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This is also evident in people who only read the headline of a story. Just this morning on Twitter I saw a story tweeted about a judge in New York who gave 8 years probation (no jail time) to a rapist who comes from a wealthy and influential family. Comment after comment was different variations of "what is the judge's name?". Uhhh, his name was in the first paragraph of the article. And there wasn't a paywall.

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I used to know that judge, and both attorneys, when I worked in the courts. An appalling sentence but if these folks had bothered to read, they'd know that the sentence is legal under NY law and that the rapes actually happened when the defendant was 16 and 17 years old, which would make a prison term more destructive than beneficial. Anyway, weird because wanting to know the judge's name while not caring to know the particulars of the case makes no sense. It's actually an interesting analogy for right wing news, come to think of it.

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Saw this tweet today: It's odd that CNN is reporting that Americans aren't feeling relief from a bill Biden signed just a few days ago while ignoring the fact that Americans are not feeling the benefits of trickle down economics from decades ago.

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yeah that was bonkers and CNN got hammered for it on twitter. but inside they're bubble it made complete sense to write a piece abt how Americans weren't feeling benefits of infrastructure bill.....three days after it was signed into law

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*their bubble

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This is tip of the iceberg failure in economic reporting. The big story has been ignored since it started: The state-empowered upward transfer of wealth and impoverishment of workers since the 70s of 80s and the related shift into an extractive economy.

As for the increase in wages, it seems to be happening at the bottom where many jobs are still not paying living wages and where workers supplement their wages with public assistance, easy credit nd/or additional employment. Too, what's happening further up the chain wages-is is pretty much unknown and/or not reported even beyond the mainstream. I do know there's been a little reporting of wage cuts for professionals in connection with work from home.

As for the job numbers, allegedly the problem stems from the department involved still being headed by a Trump appointee.

All that kvetching, agreed the mainstream's failing on the reporting of the true state of the economy. But in addition to that persistent, ongoing failure, there's the end to bash Biden at every opportunity.

As for inflation, the problem is *persistent* out of control inflation such as in the 60s and 70s. That resulted from labor having the power to demand raises with helped create an out of control wage/price spiral. You have nothing like this now. What you do have is the fall out from the pandemic and it's already resolving in the normal course. Of course, an unreported contributor to inflation is corporations jacking up prices because they can -- no other reason. Problem is that inflation as in a pressure to raise rates is bad for our elite and pretty much no one else (but see above; the people crying the most about inflation don't care about the corporate greed component).

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author

esp true re: inflation, which has a general perception of being crippling at and times permanent as you say. today's bout is completely different (i.e. driven by huge consumer demand) but those distinctions are being ignored

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In ancient times — like prior to the last fifteen-odd years — inflation was just one of those things that happened and then U.N.-happened. Krugman just addressed it sometime in the past couple of weeks; can’t recall whether in a column or a newsletter.

That said, the 60s/70s version was special and atypical. Worrying about it happening or worse assuming that what’s happening now is the same is irresponsible and wrong. And just another disservice from the mainstream.

Too, to be clear, the people going Chicken Little about it now have vested interests in promoting the fear.

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Trying to link Joe B. to J. Carter (re:inflation)…?!

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What are you trying to link?

Biden and Carter’s respective inflations are radically different.

The media’s desire to crap on Democrats and serve the powers that be by engaging in fear mongering is SOP for them. Can’t not do it.

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The ‘media’ is trying to link

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You’re worried about the mainstream lying as their SOP or about their lying in regard to Biden and inflation?

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I’m noticing ANY excuse to associate Biden with ‘weakness’ is the current SOP… pretty glaring…

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Along that line, see what I found in my inbox this morning? https://www.theatlantic.com/ideas/archive/2021/11/biden-approval-rating/620751/

This is probably the least self-aware piece of writing I've ever seen from The Atlantic:

"The biggest mystery in American politics right now—and perhaps the most consequential one—is how Joe Biden became so unpopular."

You think it's a mystery, David Graham? Really? Nobody with half a clue *hasn't* solved that mystery.

Spiro Agnew has to be smiling smugly in his grave because the "nattering nabobs of negativity" have come into full flower.

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The media has fixated on the two things Biden cannot fix - the pandemic and inflation. Everything Biden has done to end the pandemic - vaccine mandates, increasing availability of vaccines, has been shot down by the GOP. As for inflation, it is also pandemic related, and presidents cannot really do much. Even the passage of the infrastructure bill is being portrayed by the press as a glass half empty. I don't care much about polls because the number of respondents is hardly big enough to give a true result.

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I just saw this insane, deeply stupid CNN headline about the passage of the infrastructure bill from Nov. 18th — “Americans not feeling relief from President Biden’s Big Washington Victory”

This was 3 whole days after the bill was signed into law. It is a blatantly deliberate effort by CNN to frame the passage of the largest infrastructure bill in US history in a negative light.

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author

ha yep, bonkers

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The good news is that when CNN tweeted that with a link to the story they got slapped for it. Most responses pointed out the bill was just signed and that the story was a stupid take. People are starting to compare Biden’s coverage to 2016.

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GREAT news!

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"Why isn’t that bridge built yet, it’s been 3 whole days!"

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"While I voted for Joe Biden I'm disappointed that my water still tastes bad. Voting is a waste of time."

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Haha I just posted something on that. Someone on Twitter mentioned CNN reporting that and then added that they aren't saying anything about people not feeling the effects of trickle-down economics from decades ago 🤣

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Ah yes. Let's take a peep at the Post and see what the Spinochios and Spinderellas are reciting from the Republican talking points.

Ah!

Kyrsten Sinema praises infrastructure while questioning spending and inflation

McCarthy’s fiery, lengthy rebuttal

Progressives have a Republican soulmate in the Senate. His name is Josh Hawley.

And on and on with the Republican lies...

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House just passed BBB. Chryon under Steny Hoyer reads "Hoyer: This bill will speak for itself to millions and millions of Americans.

Omg man, Democrats need to be shouting from the damn rooftops about what this bill does! Too many Americans are simply unwilling or incapable of understanding. You need to tell them! Have you learned nothing???

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CNN is bemoaning this week that Americans aren’t feeling the effects of a bill signed on Monday. There is no reason for anyone to still consider any cable news program, except Rachel Maddow, as a source of unbiased information. Trumpism has corrupted it all. I even read that the under reporting of job growth may have been the work of a trump holdover. Until we seriously clean house I’m not watching any of them.

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The (so-called) "Economy", always has winners and losers, no matter what is going on in the real world. I'm 67 years old, so I was around when Reagan came into office in 1981. That was the point where government policy started to officially shift from trying to reward financially responsible citizens and trying to punish corrupt corporate criminals to the exact opposite. To paraphrase Ross Perot, "that giant sucking sound you are {still) hearing" after all these decades is the on-going massive transfer of wealth from the bottom 90% to the top 10%, willingly enabled by the bought-and-paid-for corporate lap-dog lackeys in politics and government. Like Eric said, Big Corporate Media benefits from Republican tax breaks, too, so you can forget about their help. Eventually there will be the inevitable reckoning, just like 2008, but by then the USA is likely to be mired in an authoritarian, quasi-theocratic autocracy and there won't be a hell of a lot that ordinary citizens will be able to do about it because they will have given away all the safeguards that protect their right to have any chance voting for a real Democracy.

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Someone recently said it best, imo: ‘Folks, this ain’t normal’…

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The Liberally Biased Mainstream Media™ doesn't want to report the truth. They're just hired assassins ready to gun down the truth so that they can put Republicans back in power in order to create chaos so that people will click and doomscroll them and profit off of it!

Democracy Dies In Clickbaits!

Of course if you believe in ignorant lowlifes like Bill Maher, Democrats lose because they're "too woke", or whatever, because they won't allow a useless shock comedian like Maher to say highly offensive stuff!

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1.7% growth vs a “heart of the lockdown” number from last year is not a surge. The surge is coming, but October weren’t it.

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I'm reminded of the story told by the late Benjamin Crowninshield Bradlee (I always try to use his full name, because I love it so) about the first White House briefing, as related to him by Eddie Folliard, who covered the White House for The Washington Post roughly from when it opened in 1800. FDR's administration announced it was taking the US off the gold standard. The reporters sat down, and they all wrote a variation on the same lede: "In a move that shook the world, today the US went off the gold standard." Then they stopped, stared at one another, went to FDR's press secretary, and said, uh, what does it mean? So someone from Treasury came over and explained it.

Nearly 90 years later, the difference is that those reporters at least tried to cover the news. No one who covers politics for any major media outlet--and I do mean no one--does so now. And from last night's eight-hour act of treason by #KremlinKevin, the Bakersfield Benedict Arnold and well-known Lev Parnas agent, to Kyle Rittenhouse being acquitted today, the political media bear responsibility.

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