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      CounterSpin240209.mp3

 

Other Words: It’s Not ‘Inflation’ — We’re Just Getting Ripped Off. Here’s Proof.

Other Words (1/31/24)

This week on CounterSpin: CNN host Dana Bash asked a question in the Republican presidential debate (1/10/24) in Des Moines, Iowa:

The rate of inflation is down. Prices, though, are still high, and Americans are struggling to afford food, cars and housing. What is the single most important policy that you would implement as president to make the essentials in Americans’ lives more [affordable]?

Unfortunately, she asked the question of South Carolina Gov. Nikki Haley, who answered with word salad involving “wasteful spending on a Covid stimulus bill that expanded welfare, that’s now left us with 80 million Americans on Medicaid, 42 million Americans on food stamps.” Haley concluded with the admonition “quit borrowing. Cut up the credit cards.”

“Cut up the credit cards” is interesting advice for people who are having trouble affording diapers, but it’s the sort of advice politicians and pundits dole out, and that corporate news media present as a respectable worldview, worthy of our attention.

There is another view, that acknowledges that the same people who earn wages also buy groceries, and pretending that we’re pitted against one another is not just mis- but disinformation.

Rakeen Mabud is chief economist and managing director of policy and research at Groundwork Collaborative. They have new work on what’s driving grocery prices, that doesn’t involve getting mad at people using food stamps. We’ll hear from her today on the show.

      CounterSpin240209Mabud.mp3

Plus Janine Jackson takes a quick look at analogies that encourage genocide.

      CounterSpin240209Banter.mp3

 

The post Rakeen Mabud on Greedflation appeared first on FAIR.


This content originally appeared on FAIR and was authored by Fairness & Accuracy In Reporting.

Citations

[1] It’s Not ‘Inflation’ — We’re Just Getting Ripped Off. Here’s Proof. - OtherWords ➤ https://otherwords.org/its-not-inflation-were-just-getting-ripped-off-heres-proof/[2] On Sunday Shows, the Only Biden ‘Promise’ That Matters Is Compromise — FAIR ➤ https://fair.org/home/on-sunday-shows-the-only-biden-promise-that-matters-is-compromise/[3] CNN.com - Transcripts ➤ https://transcripts.cnn.com/show/se/date/2024-01-10/segment/01[4] GOP’s Nikki Haley Stands Up for an Imaginary America — FAIR ➤ https://fair.org/home/gops-nikki-haley-stands-up-for-an-imaginary-america/[5] ‘They Do Not Tell Both Sides of the Inflation Story’ — FAIR ➤ https://fair.org/home/they-do-not-tell-both-sides-of-the-inflation-story/[6] Media Prescribe More ‘Pain’ for Workers as Inflation’s Only Cure — FAIR ➤ https://fair.org/home/media-prescribe-more-pain-for-workers-as-inflations-only-cure/[7] Groundwork Collaborative ➤ https://groundworkcollaborative.org/[8] ACTION ALERT: Friedman’s Vermin Analogies Echo Ugly Pro-Genocide Propaganda — FAIR ➤ https://fair.org/home/action-alert-friedmans-vermin-analogies-echo-ugly-pro-genocide-propaganda/[9] Rakeen Mabud on Greedflation — FAIR ➤ https://fair.org/home/rakeen-mabud-on-greedflation/[10] FAIR — FAIR is the national progressive media watchdog group, challenging corporate media bias, spin and misinformation. ➤ https://fair.org/