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The media criticism podcast Citations Needed did an interesting show[0] recently on the phrase 'the economy' that is frequently used by the media. Basically wh
by dopylitty 3y ago
The media criticism podcast Citations Needed did an interesting show[0] recently on the phrase 'the economy' that is frequently used by the media.
Basically when the media is talking about 'the economy' they aren't looking at metrics that actually affect the majority of people. Rising wages only matter if corporations aren't turning around and charging higher prices for the same or worse goods/services. Plentiful jobs only matter if they are good jobs that can pay for a good quality of life. Good healthcare/housing are impossible to get in the most parts of the US unless you make an enormous amount of money.
The metrics we hear about don't take into account the experiences of the majority of people. This Vox article seems to be falling into the same trap of citing metrics that don't matter but at least does address that "health care, child care, higher education, housing." are prohibitively expensive in the US' broken economic system.
0: https://citationsneeded.libsyn.com/ep-191-how-medias-use-of-the-economy-flattens-class-conflict https://citationsneeded.libsyn.com/ep-191-how-medias-use-of-...