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Re:Wikipedia has blocked editing ‘recession’ as people chang... by LocalPCGuy on Monday August 01, 2022 @09:37AM (#32305760)
You may want to think about whether that is your bias talking or actually in line with what is happening - it is very much being covered, anecdotally I see articles all the time about it right now. Don't really watch much 24hr news, but I see clips from them talking about it also, so I know they are covering it also.

I sorta agree in one aspect - I don't think media really has the ability anymore to hold gov't to account, but I don't think it's because they aren't talking about these things or being a mouthpiece - some are, some aren't (and who is where depends on the issue, party, etc. often). No, to me it seems it's because gov't just doesn't care what the media says anymore. THAT is the consistent part, they've learned that no matter what the media says, the people don't have the power to change anything if they just ignore it or put out talking points, it will almost always just blow over. And yes, that is bad.

Re:Wikipedia has blocked editing ‘recession’ as people chang... by badrabbit on Monday August 01, 2022 @09:10AM (#32305422)
I watched CNN and they have constant coverage of how bad the economy is and if there is a recession or not. Presidents are not kings, it is defective thinking to put all good or bad things on whoever is president.

Are you saying fox news and onn or whatever nutcase media are not constantly blaming all things wrong on Biden? "The media" doesn't just mean news outlets you disagree with you know.

Re:Wikipedia has blocked editing ‘recession’ as people chang... by simonh on Monday August 01, 2022 @07:14AM (#32304390)
If it was under Trump it would be a wonderful recession. Beautiful. The best recession America has ever had, in fact it would recede in ways nobody has ever even imagined.
Re:Wikipedia has blocked editing ‘recession’ as people chang... by phpisthebest on Monday August 01, 2022 @07:57AM (#32304742)
That is what Trump would have said...

That is not what the media would have said.... Ironically that is what the media is functionally saying about the today's economy., for example repeating the lie that we have had the "most job growth in history" when in reality we still have not gotten back to pre-covid employment

Re:Wikipedia has blocked editing ‘recession’ as people chang... by simonh on Monday August 01, 2022 @08:20AM (#32304944)
Pretty much every major economy is messed up at the moment. The snap-back from Covid has swung our economies all over the place. I'm a Brit and we're in just as much trouble over here. Would another government in power, here or over there, really have done better? If we'd had the left in power here and the right in power in the US would it really have changed the course of our economies? I don't see it.
Re:Wikipedia has blocked editing ‘recession’ as people chang... by phpisthebest on Monday August 01, 2022 @08:36AM (#32305093)
That is not really the issue I am addressing which is more around politically bias and spin by the media and persons in government than about if or how the government can help or harm the economy

Given the imperfect information, and the delay in gathering that imperfect information IMO governments attempting to "change" the economy is generally for the worse, and economies get better, faster when there is little or no government manipulation to them. In Short, the best thing the government can do is get out of the way and let the market work.

Sadly both the government, and the population want to believe that there is "someone" in control, so they look to government to solve the problem. This is also why conspiracy, and religion are so prevalent. People in general can not accept chaos or randomness, thus someone has to be in charge. at every level pulling the strings and causing the outcomes we see

Re:Wikipedia has blocked editing ‘recession’ as people chang... by mmmpop on Monday August 01, 2022 @09:33AM (#32305712)
> I'm a Brit and we're in just as much trouble over here

Yeah and Boris Johnson resigned. About 70% of Americans wish the whole Biden administration would do the same!

Re:Wikipedia has blocked editing ‘recession’ as people chang... by simonh on Monday August 01, 2022 @10:23AM (#32306364)
His resignation had nothing to do with the economy.
Re:Wikipedia has blocked editing ‘recession’ as people chang... by mmmpop on Monday August 01, 2022 @11:15AM (#32307176)
So???
Re:Wikipedia has blocked editing ‘recession’ as people chang... by simonh on Monday August 01, 2022 @02:33PM (#32310279)
Er, that's the topic of the thread?
Re:Wikipedia has blocked editing ‘recession’ as people chang... by amalcon on Monday August 01, 2022 @11:47AM (#32307755)
I mean, it's what the largest cable news network in the U.S. would have said.
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Re:Wikipedia has blocked editing ‘recession’ as people chang... by saurik on Monday August 01, 2022 @07:52AM (#32304703)
Really? Trump got a more virulent strain of COVID two years ago, before we had vaccines, before we had targeted (and tested) treatments, and before we really knew what to expect... and I mean, he also legitimately had much worse symptoms (quite likely due to those aforementioned factors), leaving him with low oxygen levels in a hospital for days; so, of course people close to him would have been more fearful of what could happen!

https://www.nytimes.com/2022/07/21/us/politics/trump-covid-p...