Monday, June 25, 2007

Bad News Sells II

According to Donald Lambro in "A Worsening Economy? No Way:"

Seventy percent of Americans now say the economy is getting worse, a belief contradicted by a growing workforce, increased wages and household wealth, and a stock-market rally that has boosted worker-retirement investments.

Why are Americans still so sour on the economy when it remains quite sturdy and promises faster growth in the months to come?

One big reason: the almost universally negative reports in the national news media. Americans still get a sense of the economy's health from the nightly network news shows where positive facts about the U.S. economy never get reported.

See a previous related CD post "
Bad News Sells."


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