It’s official. Our mainstream news media should actually be referred to as the misinformation fake news media because it takes huge cajones for fake news outlets like ABC, CBS, and NBC nightly news shows to keep ignoring bad news that frequently paints Bidenomics as a disaster for the US economy. I mean, talk about being in the tank for a loser administration just because they have a D next to it.
According to data issued by the US Census Bureau the same day, the poverty rate will rise 4.6 percentage points in 2022, according to The Hill. This was the “first increase since 2010.” In particular, the Supplemental Poverty Measure (SPM), which takes into account government programs (e.g., food stamps, tax returns) in addition to income and benefits, jumped to 12.4 percent in 2022, in the midst of America’s battle with an escalating inflation crisis. As if that weren’t bad enough, the Census Bureau also stated that the “SPM child poverty rate more than doubled, from 5.2% in 2021 to 12.4% in 2022.” SPM rates for those aged 18 to 64, as well as those aged 65 and more, increased, according to the Census Bureau. [Emphasis mine.]
CLICK HERE TO JOIN OUR NEWSLETTERBut none of that was breaking news for ABC World News Tonight, CBS Evening News, or NBC Nightly News on September 12. The key story was treated as if it didn’t exist by all three networks.
ABC and CBS chose to focus their attention on House Republicans for daring to initiate an impeachment investigation into President Joe Biden’s alleged bribery scandal involving his struggling son’s dubious overseas business transactions. That appeared to be more important to the networks than telling Americans about the dire economic situation.
The negative economic news detailed by the Census Bureau was also one of two punches delivered to the Biden administration in two days. On September 13, the Bureau of Labor Statistics revealed that inflation was higher than expected, at 3.7 percent year on year, compared to a 3.6 percent increase predicted by Dow Jones analysts polled. This was also higher than the 3.2 percent gain in July. According to Investing.com Global Markets Analyst Jesse Cohen, the month-over-month increase in August was 0.6 percent, the “biggest increase since June 2022,”
Will the Big Three evening news shows disregard the inflation spike news in the same way they dismissed the increasing poverty rate? The only way to know is to wait and see.
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