Reporting the news correctly is very important, and simple techniques or mistakes can significantly change the message from truth to propaganda. This article points out just that: what David Muir of ABC News stated would make one think that the war in Iran and inflation were related. But they are not, for this situation, it could be in a future scenario. So
So what we have here are two truths combined that become propaganda. The only question is whether this is intentional. In this situation, the two events are not related as stated, so the question is, did this reporter do this on purpose, or was it just a mistake when putting together his information? I don’t know the answer to that. I’m hoping for a mistake. All IMO.
“DAVID MUIR: To the economy tonight. Gas prices soaring amid the war in Iran and news on inflation on the rise. A new report showing the Consumer Price Index up 2.4% in February compared to one year ago. The national average for a gallon of gas now at $3.59, roughly 60 cents up last week. The Dow losing nearly 300 points today, falling to its lowest close this year.
What Muir did here is that he sandwiched the CPI between mentions of rising gas prices, creating the illusion of intertwinement. Notice the weird sentence there: “Gas prices soaring amid the war in Iran and news on inflation on the rise.” But this is a false construction as one does not have to do with the other.
Per CNBC:
Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook.
The consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at 2.4%, according to Bureau of Labor Statistics data released Wednesday. Both numbers matched the Dow Jones consensus forecast.
Stripping out volatile food and energy prices, the core CPI posted a 0.2% monthly reading and 2.5% annual rate, compared with forecasts for 0.2% and 2.5%, also in line with the estimates.
The key phrase that Muir left out? “As expected.” As in, economists EXPECTED inflation to come in where it did.
It is worth noting that the operation began on February 28th. February’s inflation had nothing to do with Iran and there was no reason to link these together except to instill fear in viewers. By definition, this was scant more than fake news.”