(FiveNation.com)- God bless the media. Americans are too stupid for their own good. They need expert journalists with top-tier degrees and ethically superior viewpoints to advise them on what to care about and how much.
For instance, after knowing that U.S. consumer prices remained high at 8.3 percent year over year and then witnessing the stock market crash in response, most Americans might have been slightly frightened. It’s good that our adored media experts were ready to correct our erroneous beliefs. In fact, 8.3 percent inflation is a good thing, according to these journalists, and Democrats should be credited for preserving the American economy.
Reporter Abha Bhattarai of the Washington Post praised that Americans “are now starting to feel better about the economy and more resigned to inflation” days before the inflation report was released. When the alarming inflation figure was released on Tuesday, mainstream journalists made a point of sanitizing the news with ridiculously worded wording.
The New York Times, The Washington Post, and other publications persisted in calling the inflation rate “stubbornly high.” The Times explained, with soft-soaping newspeak, that inflation had “moderated less than anticipated.”
This would be bad news for a presidency, but in the Biden era, it’s reported that a “sustainable inflation decrease remains elusive.” That sounds strangely optimistic. We are sooo close. It’ll all be good by morning if that good economy would just stop eluding us.
Television journalists, aka the white house fellow travelers, used their quick minds to claim that an inflation rate of 8.3 percent was actually “excellent news” for average Americans.
According to CNN journalist Christine Romans, “we’re seeing cooling all around in terms of inflation.” She continued by saying Americans should be “happy to see” that year-over-year inflation was 0.2 percentage points lower in August than in July, signaling a positive “trend.”
The U.S. stock market had its worst day since June 2020 on Wednesday. The S&P 500 index has decreased by more than 10%.
To celebrate the approval of the so-called Inflation Reduction Act, which most experts do not think would cut inflation anytime soon if, at all, President Joe Biden and his Democratic friends had a party at the White House.
James Taylor performed his song “Fire and Rain.”