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ck4829

(37,500 posts)
Mon May 9, 2022, 06:42 AM May 2022

Blaming Workers, Hiding Profits in Primetime Inflation Coverage [View all]

A FAIR study looking at six months of coverage across six primetime television news shows and NPR‘s All Things Considered found that segments on inflation put far more emphasis on the contributions of labor shortages and social spending—through driving up the cost of labor—than to the role of corporate profit-taking.

This portrays the economy as a zero sum game between workers and consumers, who appear to be intractably at odds if corporate profits are left out of the equation.

During the same period, the shows proved capable of hearing workers’ demands for higher wages when their coverage framed the issue as a “Great Resignation,” or during the shows’ scant coverage of “Striketober,” when a wave of labor militancy swept through much of the country.

This points to an inconsistency in coverage of the same labor market trends: When the shows were covering inflation, the “tight” labor market was mostly treated with the cool and icy calculation of market logic. But on the comparatively rare occasions when the shows covered the grievances of workers and their demands for dignified work—which are widely popular demands, given that most consumers are in fact workers too—the reports showed a more human side to what would otherwise be numbers on a scorecard, and mentioned the record profits of corporations.

https://fair.org/home/blaming-workers-hiding-profits-in-primetime-inflation-coverage/

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