Despite the spin and the boasting from the White House on the success of 'Bidenomics', outside of Washington, the economy is a completely different story.
You're not going to hear much about it, because the media wants to protect the administration in this election year, but 'layoffs' are quietly becoming the story of 2024, especially in the media and entertainment industry.
"We are headed towards further media consolidation" said Curtis Houck, with the Media Research Center, "Cost is such a huge piece of it."
The newspaper business has been on life support for years. One time cornerstones like the New York Times and Washington Post, are now just DNC fan sites Even the iconic Sports Illustrated crumbled.
And then you have Google and Paramount promising more cuts, along with Disney's PIXAR set to layoff 20% of it's workforce.
"With Disney, their so-called 'wokeness' bender, and war with Governor DeSantis definitely hurt them."
We can expect more pain in all industries, as we countdown to November.
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