Never Blindly Accept the Dominant Narrative

By now you should have gotten the message, Vera: Don’t believe half of what you hear. You just can’t. Not if you want to remain grounded in reality.

But, of course, so much of life has no connection to reality. Rather, it’s a narrative. One that’s often contrived. To serve a particular purpose. Or promote a particular person, party or cause.

Another example of the gap between reality and narrative is staring us in the face today — that is, if we care to look.

President Trump and his accolades and aiders and abettors in crime are constantly touting how the U.S. economy is booming and praising themselves incessantly for the low unemployment rate. So I thought I’d take a look for myself.

There have been 18 full months of employment data since Mr. Trump was sworn in. Over that period of time, 3.4 million jobs have been added to the U.S. workforce.

Interestingly, though, over the last 18 months of the Obama Administration, 3.7 million jobs were added.

In other words, the rate of job creation has slowed under Trump, which is a far cry from the self-serving narrative constructed and promoted by him and his minions.

That’s not to say that nothing the president has done hasn’t helped foster economic growth (at least in the short run) or inflate stock values even further. It is to say, however, that you can’t believe half of what you hear. And I’m being awfully generous.

P.S. On a related note, Americans’ hourly earnings are lower than they were a year ago if you account for inflation (which, of course, you must if you’re interested in what’s real vs. imagined).

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s