
Is a $16 McDonald’s Order Going to Elect Trump?
Offline with Jon Favreau
The Influence of Media and Information on People's Worldview
This chapter explores how media and information shape people's perception of the economy, discussing the impact of everyday prices on the economy, the different time horizons considered by economists and policymakers, and the Biden administration's messaging on the economy. It also highlights the disconnect between objective data and people's perception of their personal finances, the withdrawal of government support programs, and the ongoing issue of rising costs in various sectors.
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