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NYT Senior Econ Correspondent Suggests Americans Ignore Their Lying Eyes on Poor Economy
NewsBusters ^ | 11/8/2021 | Joseph Vazquez

Posted on 11/08/2021 9:23:50 AM PST by JV3MRC

New York Times senior economics correspondent Neil Irwin twisted himself into a pretzel to protect the failing Biden administration's economic agenda again — this time suggesting American furor over the poor state of the economy is more about perception than reality.

Irwin’s recent article had a condescending headline: “Americans Are Flush With Cash and Jobs. They Also Think the Economy Is Awful.” He pointed to the decreasing unemployment rate, how workers allegedly have the “upper hand” in the labor market, and Americans “sitting on piles of cash” to cast doubt on the “scathing” resentment of the economy. He stated that workers attained “the largest raises in decades and quitting their jobs at record rates.” Irwin specifically blamed the “more powerful force” of “the psychology of inflation” for turning Americans against the Biden economy. Irwin propagandized in his lede paragraph: “Americans are, by many measures, in a better financial position than they have been in many years. They also believe the economy is in terrible shape.” Irwin, of course, mentioned nothing about the worrisome labor participation rate (61.6 percent), which is at “the lowest since the 1970s (except for during the lockdowns of 2020).”

Irwin claimed President Joe Biden’s leftist agenda “succeeded at lifting the wealth, incomes and job prospects of millions of people — but has not made Americans, in their own self-perception, any better off.” In other words, it's just all in their heads, eh Irwin?

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: blogpimp; economy; joebiden; neilirwin; nyt

1 posted on 11/08/2021 9:23:50 AM PST by JV3MRC
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To: JV3MRC
Lies of the NY Times

Behind The Curtain: How The New York Times Manufactures Lies For Democrats To Attack Their Opponents

2 posted on 11/08/2021 9:29:48 AM PST by T Ruth (Mohammedanism shall be destroyed.)
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To: JV3MRC

Sort of an interesting twist, considering all of the years when the MSM talked down healthy economies because the President was a Republican.


3 posted on 11/08/2021 9:37:58 AM PST by Redleg Duke (“I’m not the olny one!”)
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To: JV3MRC
No doubt inspired by Uncle Walter.
4 posted on 11/08/2021 9:43:50 AM PST by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
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To: JV3MRC

Classic p^%ing on you and telling you it is raining...


5 posted on 11/08/2021 9:46:22 AM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: JV3MRC

The mystery for me is why the stock market is not matching (in fact, nowhere close to) what my eyes are seeing.....


6 posted on 11/08/2021 10:04:52 AM PST by hecticskeptic
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To: JV3MRC
Another BBB.......

Biden Butt Boy........

7 posted on 11/08/2021 10:04:55 AM PST by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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To: JV3MRC

Perception depends on IQ Neil Irwin proves his is in a single digit area.


8 posted on 11/08/2021 10:44:51 AM PST by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: JV3MRC
Americans “sitting on piles of cash”...

I just looked under my butt. No dinero. If there were it would probably go to gasoline, heat, or food, all of which are higher than they were when a legitimate president was in office.

9 posted on 11/08/2021 11:07:02 AM PST by Billthedrill
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