The US economy is performing amazingly well, but as Bloomberg's Matthew Winkler notes, the public overall doesn't realize that. Why?

He alludes to the key reason for the public's lack of understanding, but doesn't make clear what it is, so allow me to be clear that "media narrative" doesn't explain who's primarily at fault.

The culprit is Big Journalism, again utterly failing to do its job.

https://www.bloomberg.com/opinion/articles/2023-04-25/biden-s-economy-deserves-more-appreciation-from-americans

The Truth About the Biden Economy

As the president launches his reelection campaign, his biggest challenge may be getting voters to ignore perception and focus on reality.

Bloomberg

@dangillmor “The economy has expanded by more than $4.4 trillion in the first two years under Biden, about the same as the previous nine years combined” but people think we are in a depression and the stock market which is up 33% since Nov 2020 is somehow in free fall

Thanks to the mainstream media