Media

How the Media Obsession With Inflation Drives Discontent

Conor Smyth / FAIR Jan 9, 2024 As mainstream outlets continue to focus on inflation, consumer sentiment about the economy remains staggeringly low. Dig deeper ( 9 Min. Read )

Robust U.S. Hiring Underscores Economy’s Momentum

Christopher Rugaber / The Associated Press Dec 8, 2017 More than a quarter of a million jobs were added in November, and unemployment stays at a 17-year low of 4.1 percent. Dig deeper ( 3 Min. Read )

Abenomics in 14 Words

By Mike Whitney, CounterPunch Oct 19, 2013 Abenomics works much like Bernankenomics. In every case, looser monetary policies and tighter fiscal policies have generated more wealth for the 1 percent while working stiffs take it in the stern sheets. It all amounts to the same thing: Ferraris for the rich and bupkis for everyone else. Dig deeper ( 9 Min. Read )

Economic Storm Clouds Ahead

Robert Reich / Truthdig Jun 2, 2013 The recent jubilance among economic forecasters is enough to make even weather forecasters blush. “Just look at the bull market! Look at home prices! Look at consumer confidence!” I can understand the jubilation in the narrow sense that we’ve been down so long everything looks up. But prophecies can’t be self-fulfilling if they’re based on wishful thinking. Dig deeper ( 3 Min. Read )

Why Consumers Are Bummed Out

Robert Reich / Truthdig Jan 31, 2013 The Conference Board reported Tuesday that the preliminary January figure for consumer confidence in the U.S. fell to its lowest level in more than a year. So why are consumers so glum? Because they’re deeply worried about their jobs and their incomes -- as they have every right to be. Dig deeper ( 3 Min. Read )

Things Are Looking Up

Mike Luckovich / Truthdig Jun 1, 2009 Dig deeper

U.S. Consumer Confidence at 28-Year Low

Staff / Truthdig May 16, 2008 A survey released Friday showed that U.S. consumer confidence has fallen to the lowest point since the "stagflation" of the early 1980s. According to the survey, lower-income households, citing rising food and fuel prices, were the main source of the drop in confidence. Dig deeper ( 1 Min. Read )