Deceived Economy Boost During Electoral Period Attributed to Biased Media Reporting
In a recent critique, Joseph Vasquez of the Media Research Center has accused the legacy media of covering up economic data during election years. Vasquez believes that the cover-up occurred in both the 2020 and 2024 elections, with the U.S. economy potentially being in a recession during these periods.
According to Vasquez, the economy may have been in a recession as early as the spring of 2024, a claim supported by the revised jobs numbers announced by the Bureau of Labor Statistics. The revised numbers indicate that jobs growth was overstated by more than 900,000 jobs in the year between March 2024 and March 2025, a finding that Bloomberg's chief U.S. economist claims indicates a recession.
The economist had previously diagnosed a likely U.S. economic recession in advance of the last election, with precise timing suggesting the recession would occur around 2025. This prediction aligns with updated Federal Reserve forecasts and economic outlooks projecting inflation targets to be met early in 2025 alongside rising unemployment.
Vasquez's claims about the 2020 election are equally contentious. He suggests that if the recession had been known, Donald Trump might have had a larger electoral victory. During the 2020 campaign, outlets like the New York Times, Washington Post, and Forbes ran headlines about a historically strong job market, record-breaking accomplishments on jobs, and a robust labor market.
However, Vasquez argues that these headlines were published while the economy was allegedly anything but hunky-dory. He implies that the current admission of a weaker economy is an acknowledgement of what he and others knew to be true.
Furthermore, Vasquez claims that the Biden administration and media were trying to convince people that Biden was overseeing one of the best economies. He criticises this narrative, stating that the Biden economy was not as good as portrayed.
Vasquez's criticisms of the legacy media for gaslighting the public about the economy have sparked a debate about the role of the media in election years and their responsibility to report accurate and unbiased economic data. As the 2024 election approaches, it remains to be seen whether the media will continue to face such allegations.