The United States has experienced a 12% increase in homelessness, to its highest reported level. Federal officials Friday said soaring rents and a winding down of coronavirus pandemic assistance combined to put housing out of reach for more Americans.
I don’t think that’s what is happening at all. We don’t need to imagine some vast and ridiculously improbable media conspiracy to explain this seeming disconnect. What I imagine is really happening is that the tools that economists and by extension the media use to gauge the health of the economy are no longer (if they ever were) calibrated to accurately reflect the lived experience of many/most Americans.
This is by far the simplest explanation.
The idea that this is somehow a conspiracy is simply an example of poor media literacy. It doesn’t work like that at all.