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On MSNBC, Chris Hayes explains how Fox News has misled Americans on the Biden economy
(www.mediamatters.org)
this post was submitted on 09 Dec 2023
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TIL I just need to turn off Fox News^1 and I'll be able to afford to live like I did for the first 26 years of my life.
What the fuck is up with this gaslighting. If, by all measurements, the economy is doing great, but people still report "historic pessimism," then maybe the ways we measure the economy are flawed.
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Many things are more expensive. Boomers can watch Fox talk about which politician to blame. I’ll stick to blaming the CEOs
Okay, then say it with me:
The Economy Isn't Doing Great.
Government is weak in the sense that it can’t effectively check corporate power and tax its richest citizens. The knock-on effect is that corporations can more easily lobby for legislation that benefits them (read: at the expense of the average citizen) and the lack of tax funds prevents us from investing in our children in the form of education and infrastructure.
Then again, most boomers were raised with high quality, inexpensive education and they collectively ended up selfish and willingly naive. Maybe more funding for schools isn’t the silver bullet I hope it could be.