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How Biased Reporting Brings Us Down While Economy Is Up

How Biased Reporting Brings Us Down While Economy Is Up
A man waves an American flag from a float during the 4th of July Parade in Alameda, Calif. GABRIELLE LURIE/AFP/Getty Images
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Have you ever unplugged from legacy media for an extended period? This experiment flips our perceptions toward direct, personal experience, and it reveals the disconnect between long-term trends and what gets reported.
The micro-versus-macro contrast is glaringly obvious in the United States under President Donald Trump. Survey data aggregated in January by the American Enterprise Institute shows people felt optimistic about their own lives, finances, and work prospects. However, even though “half or more rated economic conditions as excellent or good,” they “were more optimistic about their personal situations than they were about the country.”
Fergus Hodgson
Fergus Hodgson
Author
Fergus Hodgson is the director of “ Econ Americas”, a financial consultancy, and publisher of the “ Impunity Observer” , a geopolitical intelligence service. He is the author of “ Financial Sovereignty for Canadians: Untether Yourself from the Ottawa Leviathan (2024).”
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