Friday, January 16, 2009

Is the media making you nervous about the economy?

I listen to talk radio most days, and I cant remember when I heard a news break that didn't have some depressing thing to say about the economy. And everyday the paper has articles about how bad it is, example from today's Seattle Times, and how bad it will get. Does this depress you and make you concerned about the economy? It makes me worry! So I wonder, if they started reporting more about any little positive piece of information would it make people feel better about the economy? Or even make a bigger deal about how now is a great time to buy a house with rates so low, article here, and FHA is a great way to qualify for a loan. From what I understand, a major part of the problem is that people are not spending money. And people are not spending money because they are worried about the economy. People are worried about the economy because of what they are hearing and reading every day in the news. Maybe if we heard some positive things we would not be so worried and people would spend a little more? Then the economy would get moving a little more? I am sure this is a very naive idea and would not work, but it sure makes me wonder...

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