There has been plenty of bad news on the economy in recent weeks, creating a major challenge for the Biden administration. On Tuesday, the Department of Labor said that labor unit productivity crashed at the worst rate since 1960. Last Friday, the Labor Department announced nonfarm payroll growth that was less than half of what economists expected. This Friday, the government will release the Consumer Price Index for November. It is expected to show prices rising 6.8 percent, the fastest pace of inflation since 1982. Real wages have been declining because wage increases have not kept up with inflation.
The establishment media’s news coverage of economic developments such as these has reportedly angered the White House, which “has been working behind the scenes trying to reshape coverage in its favor,” the CNN employees revealed in a newsletter.
Efforts to create a more positive spin in the establishment media may be less effective at shaping public opinion than the White House hopes. American families are suffering from Biden’s economic policies that have raised inflation to a thirty-year high and created a supply chain crisis.
