Mark CopelovitchThe New York Times simply cannot tolerate good economic news. Everything about the 3.4% unemployment and continued strong job market must be framed negatively or reported as concerning. Because The Narrative™️ cannot fail. It can only be failed.
Yes, of course, everything is political economy, there's still more work to do on inflation, and there are tradeoffs in everything. But after two years of a drumbeat hyperventilating narrative about stagflation, overheating, recession, gas prices, how Joe Biden screwed up fiscal policy, & all the Suffering From Inflation™️ (https://mastodon.social/@mcopelov/109755930239086331), maybe the paper of record could simply stop, take a breath, & report the incredibly positive economic news without centering the negatives? 🤔 🤷♂️
WndlB@mcopelov This, but see also the whole thread: https://twitter.com/justinwolfers/status/1621504217566298112?s=46&t=VVjiYKkQq3B5F39U2FCNlQ
@wndlb I did. Exactly on target. Justin's been one of the clearest-eyed, data-driven analysts on the economy over the last two years. Far more thoughtful & on target than the folks being given the loudest platforms.