A regular reader who identifies himself as Joel wrote the following critique of the media’s negative narrative about the economy and crime. He was responding to the Robert Hubbell post about “the Media Doomsday Machine.”

So back in September the BLS [the federal Bureau of Labor Statistics] released the monthly Jobs number. A terribly disappointing 234,000 Jobs +- . It was disappointing because the same economic analysts who could not see a Housing Bubble bigger than the Stay Puff Marshmallow man had predicted 300,000 + . The fact that it was as high or higher than all but a handful of the previous 120 months never seemed to dawn on the talking heads. In October there were 677,000 Jobs added. And at the same time the number for October was adjusted 200,000 higher. It took the media all of 10 seconds to shift the narrative to “oh but inflation”
As stated by some CNBC talking head that day, inflation is an expectations game. If workers expect inflation they will ask for higher wages. If employers expect inflation they will charge more for goods and services. Inflation in September was all of 4.4 ,% high but not earth shaking. Then the (respectable) media ran stories of almost $6 dollar a gallon gas as if that was the norm. Of a Tex-ass couple who goes through 9 gallons of milk a week and was bankrupted by the cost (don’t ask about birth control). Of a Station owner in NJ who spends $1000s a week on gas for his 1970 muscle car and his 2000 Escalade.

Well the message was received, the expectation of inflation was created. Wages now contribute 8.5% of the inflationary spike. Raw materials and supply chain issues 27% of the inflation we see. And excess profits contribute 53% of the price hikes we are seeing. (EPI). It would seem the right people got the right message but it was not the American worker who in spite of all the hype does not have the power to demand wage increases on a broad based scale as they did in the past. In previous inflationary spikes inflation was driven 70% by wage increases . The media hype on inflation prior to the Ukraine war enabled corporations to profit vastly. The expectation was there. Corporate America hopped right on the band wagon. Don’t expect the corporate media to hop on board calling for an excess profits tax, or even to harp on those excess profits. Instead we will hear nonsense about low wage workers holding out for a living wage.

Was it a conscious conspiracy ? Probably not . Is it a combination of of group think and inferior reporting (IMHO) absolutely.

Moving on to Crime in NYC . In a nut shell if NYC was the safest big city in America in 2010 (according to Bloomberg) than how did it get unsafe in 2021 when every Crime Stat released by the NYPD is lower than 2010, when people felt the City was safe.

My favorite NYC crime category is rape. In 2021 there were 1491 reported rapes in NYC up from 1427 in 2020. Women be afraid be very afraid!!!. But wait there were 1755 in 2019 and 1791 rapes in 2018, when everyone thought the City was very safe.

The Right wing media generates a narrative and instead of countering it, the supposedly Liberal MSM run with the story. . Cowardly Democratic politicians who call themselves moderates hop right on board not wanting to seem like they are ignoring an issue.

If Trump was President every Republican would be calling inflation fake news and their Ivermectin downing base would be swallowing it hook line and sinker.