Things are More Expensive Now. That's a Good Thing

Things are More Expensive Now. That's a Good Thing
(Thomas Wells/The Northeast Mississippi Daily Journal via AP)
The message Americans have been getting about inflation from in recent months can be summed up in four words: Be afraid. Very afraid.

It’s a message that much of the media has been happy to spread, epitomized by an odd segment about rising food prices that CNN ran last week. The segment was supposed to show, in the words of a much-mocked tweet promoting it, “how badly inflation is hitting the middle class.” But instead of looking at a typical-size middle-class American family, it focused on a Texas family with nine kids, one that buys 12 gallons of milk a week. In the process, the segment succumbed to one of the media’s worst tendencies: taking a real issue and overhyping it beyond recognition.
Read Full Article »


Comment
Show comments Hide Comments


Related Articles