The brain-fog that comes from the highly unusual demographics and environment of journalists is actually worse than @DKThomp describes here. Because there is an added layer: we work in an industry that's been in recession for more than a decade.https://www.theatlantic.com/ideas/archive/2020/11/why-big-city-dominance-problem-democrats/617161/ …
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Journalists' perspective on the economy is shaped by that environment: Everything perpetually lean and getting worse, with a plausible story about the Big Tech companies being to blame. It leads to coverage that is cynical, pessimistic, and out of touch with the broad public.
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I reject the premise that journalists weren’t aware of the robustness of the economy pre-Covid
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Business journalists were. Other journalists spent a lot of time finding reasons that the economy was secretly in another Great Recession.
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I still surprise people by mentioning the huge impact the greatly increased unemployment payments had on household balance sheets. It seems invisible to a lot of media chatter.
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