We’ve noted in recent weeks that the mainstream media goes to great lengths to attempt to explain why an improving economy might not be good news for average Americans, and PBS has joined the fray:
This week marked the longest period of uninterrupted gains in the stock market in U.S. history. One of the reasons: the increase in stock buybacks — companies purchasing their own shares.
The benefits of that for the larger economy are very much in question, reports @paulsolman pic.twitter.com/53rsmgS5lv
— PBS NewsHour (@NewsHour) August 23, 2018
Do you think that might have been framed much differently just a couple years ago?
"I'll take Tweets From Media Organizations That Would Be Very Different Under a Democratic Administration for $400, Alex." https://t.co/EhW1Azv91S
— Mark Hemingway (@Heminator) August 24, 2018
Bingo!
Yes it’s actually bad news that your 401k balance is increasing
— Dan Sheehan (@DanSheehan19) August 24, 2018
@paulsolman Oh. So the market rising and lifting the 401Ks and brokerage accounts of 50% Americans is not always good. Ok.
— Yossi Gestetner (@YossiGestetner) August 24, 2018
"Very much in question" liberal code for we will frame it as negatively as possible because trump #narrativeshaping
— Chris Wray (@chriswray3) August 24, 2018
The MSM tries so very hard.