This Morning, NBC Today had a report on the US economy--that is, the bad economic news of skyrocketing prices!
But first, one reporter stated that everywhere you turn is good economic news. (Apparently he hadn't heard about this summary from Media Tenor showing economic news as falling off the radar as the economy has improved).
Trying to create tension, the reporter noted the positive news--that the number of jobs in the United States has risen by 1 million, but this positive spin was only a backdrop for the recent bad news--higher (yet recently decreasing) prices for milk, gasoline, and other items that clearly are hurting some.
But instead of saying how the high CPI has risen compared to how high wage indices have risen, this reporter pounds the pavement. Most notable was an interview with a systems analyst who has "no faith" in the economy, and a another woman who, although she has "never lived through a depression", believes the current state of the economy is close to one!
The reporter counters that the statistics say otherwise, but actually treats this woman's blather as something worth taking seriously.
Frankly, this woman is off her rocker! Apparently sitting in a cafe and wearing fasionable eyeglasses has somehow led her to believe that the entire middle class--over a hundred million other people she cannot possibly know anything about from personal obervation--"can't afford to do anything" and is becoming lower class.
Why did I even expect insightful economic news from Today? Really sloppy.