Rustic23
Thinks s/he gets paid by the post
Several years ago there was a TV story about 'Sharks in the Water'. The jest of the story was that sharks had been seen on the east coast. It showed a condensed two weeks of stories on the national news. Talking heads warning of 'SHARKS IN THE WATER' and going on to tell people of the threat. Only thing is that there were not more sightings than normal. Just more hype.
So this brings me to the economy. Is it really as bad, or has it been made worse by the talking heads. Consumer confidence seems to be a large part of the economy. We presently have a 6% unemployment rate and consumer confidence is down. However, last January when we had a 4.5% unemployment rate the papers were talking recession, yet none existed. We now hear just about everyone on TV and News Papers talk about how bad the economy is. Is it? Sure the stock market is int he tank, but we certainly are not 'great depression' as some have stated. Is it irresponsible journalism that has contributed to the current state of affairs, or is the economy really that bad?
So this brings me to the economy. Is it really as bad, or has it been made worse by the talking heads. Consumer confidence seems to be a large part of the economy. We presently have a 6% unemployment rate and consumer confidence is down. However, last January when we had a 4.5% unemployment rate the papers were talking recession, yet none existed. We now hear just about everyone on TV and News Papers talk about how bad the economy is. Is it? Sure the stock market is int he tank, but we certainly are not 'great depression' as some have stated. Is it irresponsible journalism that has contributed to the current state of affairs, or is the economy really that bad?