Reality or Media Driven?

MrLabGuy · #1 04-30-2008, 03:29 PM

Seems like the numbers are out and the economy grew 0.6% That might not be much but it is far from the definition of a recession. Had you been listening to the media outlets (all of them) you would have thought we were in a recession and the world was coming to an end.

Also...Gas prices. Markets driven due to the media and reporting.

Almost everything wrong with America can be traced back to an out of control media.

Pathetic,

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B-Line · #2 04-30-2008, 03:36 PM

A look at the financial history of the US will show you, even during a recession, the stock market has increased in value 63% of the time.

Remember, no news is not good news if your a media outlet. The sky is not falling, every house in the world is not in foreclosure and even the price of gas, adjusted for inflation, is not that much higher than it was during other times of our recent economy..

X5audi · #3 04-30-2008, 04:14 PM

All very true points. It is a tad exaggerated.

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