MarketWatch has caused social media uproar over a tweet implying inflation has driven “average Americans” to pay $90 for one bottle of wine. “Average Americans” is now trending on Twitter as users offer scathing takedowns of the report.
On Nov. 12, MarketWatch published a story about growing consumer concerns over inflation, including quotes from investors saying the Fed has “lost control” of inflation.
The article goes on to cite, without a source, that “average Americans are paying as much as $100 to $200 for a single concert ticket, $90 for a bottle of wine, and $5 a gallon for gas.”
Social media quickly jumped on the eye-popping numbers, calling them out of touch.
Political writer Bob Cesca joked that users who can only find $90 bottles, might not need another glass.
“Good job cherrypicking. If average Americans can’t find a bottle of wine for less than $90, they should probably stop drinking and Google the correct way to buy things with money.”
“Average Americans know a bottle of wine is NOT $90, concert tickets have been $100-200 for decades, and this Market Watch headline is hysterically dishonest,” said @mmpadellan trashing the statistic.
“There is zero chance that average Americans are paying $90 for a bottle of wine or $5 for a gallon of gas,” commented @dandrezner, calling into question the validity of the statement.
@LeonShe3 tweeted about the “average Americans” in question.
And @profstevek tapped into the Lucille Bluth of it all.
MarketWatch has since deleted the original tweet and corrected the article.
The post Twitter users roast inflation report that says ‘average Americans’ are buying $90 wine appeared first on The Daily Dot.
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