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 ...
Behind The Curtain: How The New York Times Manufactures Lies For Democrats To Attack Their Opponents
Sort of an interesting twist, considering all of the years when the MSM talked down healthy economies because the President was a Republican.
Classic p^%ing on you and telling you it is raining...
The mystery for me is why the stock market is not matching (in fact, nowhere close to) what my eyes are seeing.....
Biden Butt Boy........
Perception depends on IQ Neil Irwin proves his is in a single digit area.
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.
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