“The way the media reports the weather won't impact whether the sun shines tomorrow. But the way the media reports on our national economy weighs on consumer sentiment, which feeds into consumer purchases and investments.” Those are the words of Tomas Phillipson, President Trump's acting Council of Economic Advisers Chairman, as spoken to Jim Tankersley and Jeanna Smialek of the New York Times. Phillipson's comment is a reminder that some conservatives can unsheathe the victim card as ably as their reliably outraged opponents on the left.
The media can talk down the economy? What can Phillipson possibly mean? Why did Tankersley and Smialek so readily accept such ludicrous reasoning from Phillipson?
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