People Believe What They’re Told

Posted in Media Bias,U.S. by Ryan on the June 3rd, 2015

The average American is uninformed about the details when it comes to economic issues like economic growth/health, unemployment, wage growth and deficit spending. Take some results from a recent CNN/ORC poll as an example.

Compared with a year ago, more now say the nation’s economy is recovering or already recovered. Half (50%) say so in the new poll, up from 43% last year at this time. Still, nearly one-quarter (23%) feel the economy is still in a downturn and getting worse.

Meanwhile, GDP for Q1 was revised down from a paltry .2% growth to -.7%, a shift of nearly an entire point backwards.

The 0.7 percent annual rate of decline in economic output in the first quarter of 2015 was a reversal of the initial 0.2 percent advance for the period reported last month by the Commerce Department.

Wages are stagnant, real unemployment remains high (despite flawed methods making it appear near 5.4%), deficit spending continues unabated and GDP has trended downwards into negative territory.

Yet by a factor of 2 to 1, Americans think the economy is recovering or already recovered. As a left leaning media continues to carry water for the administration and saturate the airwaves, internet and newspapers with stories that don’t bring focus to these issues, paint a rosy picture, or scapegoats the bad news, the average American remains uninformed.