For the primary time in historical past, the Dow Jones Industrial Common hit 40,000. It occurred beneath Joe Biden, and among the largest company media shops are ignoring it.
President Biden posted an announcement:
That is nice information for People’ retirement accounts and one other signal of confidence in America’s economic system.
I’m constructing an economic system from the center out and backside up – and our investments are making a distinction.
It’s nice information, and it deserves a point out in newspapers like The New York Instances and Washington Publish.
Is it there?
Nope.
As Dan Froomkin posted, it’s on the entrance web page of the Wall Road Journal, however not the Instances or the Publish:
This story is actually nowhere on the Washington Publish or NY Instances house pages. Nowhere. (Lead story in WSJ.) pic.twitter.com/l69wlq9Wfm
— Dan Froomkin (PressWatchers.org) (@froomkin) Might 16, 2024
The rising market is actually massive information as a result of the primary Trump/GOP speaking level in opposition to Biden’s financial agenda is that it’s dangerous for the inventory market. Trump spent years taking credit score for the inventory market as if it had been the economic system, and company media went alongside for the trip whereas echoing the ex-president’s self-praise.
In reality, The New York Instances has run ten tales akin to March, totally on the rousing “success” of Trump’s Trump Media inventory. As of the publication time of this story, what number of articles have they run concerning the marker surging beneath Biden? That quantity could be zero.
Company media’s bias towards Biden and Trump could be delicate, however on this case, it’s apparent. Excellent news about Biden will get buried, whereas criticism will get performed up.
