The allegation of ‘fake news’ is what most people would recognise as business as usual for old media PR outlets, the difference is that they have lost control of the means of distribution and their fake news is being challenged by news forms. While we are all distracted by purely made up propaganda, sources of news who are considered highly credible go one step further and present us with junk news. Junk news takes a negative story and trashes it. A spin is put on the headlines and facts within the story are manipulated to appear, on a shallow reading, to be good news. News stories have become like subprime mortgages, the toxic debts whose risk was repackaged into more appealing investments by banks that caused the 2007 crash of the world economy. In this case, junk news is crashing our democracy.
So far so good. Wages outgrowing inflation. Good stuff. The first three lines of the actual story though are these:
That doesn’t sound nearly as rosy as either the BBC’s tweet or even the headline from that actual story. OK, so those are the first three sentences in the story, and this was the fourth:
So far, so not so good, what’s next?
That sounds decidedly less chipper than the BBC’s tweet. In fact, as you read further into the actual story, things look worse:
Employment is static, wage growth has slowed, is subdued and is expected to fall. Households will face a spending ‘squeeze’ in 2017, and more people are having to work beyond retirement. At least unemployment is down. Right?