These people are so removed from reality. Coupled with that they are pathological liars.
I have noticed over the years that the leftist intelligencia truly believes that if they repeat what they think happened, or what they believe "should" happen, enough times it will become reality.
They're reporting what they know and for people like Fareed Zakaria, the economy is doing great!
You see, Zakarais doesn't shop at Walmart. He doesn't know anyone who shops at Walmart. Zakaria shops at Trader Joe's. He doesn't care if a loaf of artisinal gluten-free bread at TD's costs $12. He's a millionaire so that means nothing to him.