Alternative Visions- How US Media ‘Cherry-Picks’ US Statistics to Report

Today’s show addresses the US media’s practice of reporting the most favorable statistics on jobs, unemployment, inflation, wages, GDP from the mountain of data provided by the US Labor and Commerce departments. Dr. Rasmus gives a deep dive into the statistical reports to show why job gains last month may not be 353,000 but much less; why Biden’s claim of 3.1m jobs created last year may be only a third of that; why inflation is higher than reported; why one US survey says unemployment rate is 3.7% but another table in that same survey indicates 8% unemployment rate; why real wages didn’t rise 4.5% last year for tens of millions of American workers but much less.