While they’ve largely been unwilling to put a spotlight on how bad the economy has been, due in large part to them trying to keep President Biden clean for the election, ABC’s Good Morning America and NBC’s Today discovered that inflation was causing people to pay more on their debt and shell out more money for fast food on Wednesday. Reacting to the cost of fast food, NBC co-anchor Craig Melvin declared “Now we care about inflation,” meanwhile, his colleague made a joke out of high prices.
On ABC, co-anchor Robin Roberts sounded the alarm. “Now to what could be a debt crisis brewing in our country. Household debt rising to record levels as more Americans struggle to pay the bills,” she announced.
Chief economics correspondent Rebecca Jarvis reported that Americans had taken on a record $17.5 trillion in debt. “Plus, more people are falling behind on their payments…” she warned. She also lamented that this was happening, “despite the strong jobs market, consumers are facing higher prices and much higher interest rates.”
(...)
***The complete post is on NewsBusters***