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 generally speaking, if the general public doesn’t think the US economy is doing well, that’s because it isn’t doing well **for them**

How can anyone state that economy is doing amazingly well while at the same time acknowledging that most people aren’t feeling it? What does it mean that the economy is hot if most people are still feeling a crap economy? Is the economy doing well if most people aren’t being lifted up the economy?