[LS]

I think that's right. Because of the little arrows on the TV screens, the psychological impact of the stock market is important to perceptions. Likewise, the constant drumbeat of "gas prices" has people in a tizzy, even though last night on the FOX business show, all the analysts agreed that we'd have to see $90 a barrel before it would seriously affect the U.S. economy.

But the MSM only covers high gas prices, not good jobs reports or rising productivity. There are academic studies that confirm this, especially during a GOP administration, when they are FAR more likely to report bad news over good.

[Holicheese]

I was reading newsweek/time magazine at the gym. They have a section with the up/down arrow about people in the news. Bush or someone in the administration always has a down arrow. A has been dem. always has an up arrow.

[YoungKentuckyConservative]

Likewise, the constant drumbeat of "gas prices" has people in a tizzy, even though last night on the FOX business show, all the analysts agreed that we'd have to see $90 a barrel before it would seriously affect the U.S. economy.

What a crock. The average family, commuting from the suburbs, is losing serious purchasing power with the increase in gas prices. Talk to real Americans. They feel the pain. I've cut back dramatically on my spending to maintain the same level of savings and investment. Gas prices ARE taking a toll on the economy, just not for the big fishes that continue their newspeak of "all-is-well status".