Media: More fake news on retirement
More fake news about retirements savings – which excludes most all of the assets many people have for retirement. Typical.
Media: Majority of Americans have low confidence in journalism
Just 6% of adults say they have high confidence in journalism.
Nonsense: Gen Z looks back at 2016 with nostalgia
They had an average age of 7 in 2016 … doubt there is much nostalgia for the economics and geopolitics of 2016!
Doomerism: And the definition of “poverty”
Doomers love the idea that if you earn less than about $140k/year, you live in poverty.
Everything is awful: Doomerism in the headlines
The media: Everything is awful and something bad happened to someone, sometime, someplace.
Media: The “average cost of weddings” is $33k
The “average” wedding costs $33,000 or $35,000? No it doesn’t.
Media: Self-inflicted loss of trust in the media
Hype! Exaggeration! Scary Words! Just another day in media land!
Misogyny alive and well at The Daily Beast
They denigrate women by referring to them as “Barbie”.
Propaganda works by combining believable info into untrue conclusions
An online meme notes that the % of “married”, “homeowners” is low. It is a real decline but they’ve combined 2 independent variables to make it look worse.
Doomerism: Americans feeling better about retirement prospects but let’s spin negative!
This is bad – the article documents things are better, but the original title was “Retirement will ‘take a miracle’ for 21%.