The U.S. economy lost more than 1.4 million jobs between December and January. But it's almost impossible to find any reports in the mainstream media about this.
Instead, the media primarily have reported on reduced federal spending, as if that is enough of a balancing act. But the government has no choice but to make cuts as the United States now runs deficits of more than $1 trillion. It cannot continue.
Much of the media have been ignoring the truth about the economy, cherry-picking some factoids and telling outright falsehoods.
According to the Bureau of Labor Statistics, the percentage of the U.S. labor force "that is employed" has continually fallen since 2006.