Eric Boehlert: Inflation's a global dilemma -- the press blames Biden

[Nevilledog]

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Jon Cooper 🇺🇸
@joncoopertweets
Missing from the media’s inflation coverage is an acknowledgement that the trend of rising prices is a GLOBAL phenomenon, fueled by the pandemic. Downplayed is the fact that systemic, record-setting inflation is occurring in virtually EVERY major economy.

pressrun.media
inflation's a global dilemma — the press blames Biden
Listen now | GOP talking points
6:16 AM · Jan 13, 2022

https://pressrun.media/p/inflations-a-global-problem-the-press

News that U.S. inflation inched up 0.5 percent last month set off another round of excited media reports, as news outlets pounded one of their favorite themes in recent months. Convinced that rising prices are the defining economic issue of the day — not huge job gains, record-setting GDP predictions, or boosted wages — the press continues to portray inflation as a uniquely American problem that’s hounding Democrats.

“President Joe Biden suffered a new blow to his economic agenda this week,” Politico announced, pointing to the new inflation figures. “That prompted the Biden White House to scramble to do damage control in the face of attacks by Republicans.” The Associated Press on Wednesday stressed that inflation is “heaping pressure on President Joe Biden and the Federal Reserve to address what has become the biggest threat to the U.S. economy.”

The New York Times: “A troubling development for President Biden.” The Washington Post headline: “Democrats Worry Biden Could Pay the Political Price For Rising Inflation.” (The first person quoted in the piece was a GOP pollster.)

What’s missing from the inflation coverage is the consistent acknowledgement that the trend of rising prices is a global phenomenon, fueled by the pandemic. The Politico report made no mention of worldwide inflation, neither did the Times or Post dispatches; the AP included just one sentence.

*snip*

[onecaliberal]

1. The US press is owned by fascists.

[crickets]

2. This dropped way too fast. K&R for visibility.

[Nevilledog]

3. Lots going on today.

[andym]

4. Cuts 2 ways: when inflation recedes, Biden can take credit

just like Reagan did. We can call it the "Biden economic miracle."