Posted on 01/01/2009 9:44:55 AM PST by Sub-Driver
Poll: 77% of Americans Blame Media for Making Economic Crisis Worse Jan 1 11:09 AM US/Eastern
- New Poll Conducted by Opinion Research Corporation -
NEW YORK, Jan. 1 /PRNewswire/ -- Seventy-seven percent of Americans believe that the U.S. media is making the economic situation worse by projecting fear into people's minds.
The majority of those surveyed feel that the financial press, by focusing on and embellishing negative news, is damaging consumer confidence and damping investment, making a difficult situation much worse. The poll was conducted via telephone, December 4 - 7.
The US survey of 1000 adults was conducted by Opinion Research Corporation and is statistically representative of the total U.S. population. The survey question: "Do you think the financial press is making the economic crisis worse by projecting fear into people's minds?" While the overall response indicated that 77% of Americans answered YES, here are highlights of note: Household Incomes: $25k - $35k -- 79% answered YES $35k - $50k -- 88% answered YES $50k - $75k -- 76% answered YES $75k - more -- 78% answered YES Demographics: 85% of young adults (18-24 yrs old) answered YES 77% of males and females alike answered YES 65% of blacks answered YES
(Excerpt) Read more at breitbart.com ...
Well, maybe there is hope yet for the American people.
all you have to do is watch the fear mongers at cnbc business channel for a few minutes to see what they are doing. i switched to fox business a few weeks ago and it is a world of difference. cnbc is in the business of making news rather tha n reporting it.
I wonder if the press will do an about-face when Obama is sworn in? You know, kind of like how the “homeless” problem vanished instantly when Clinton was sworn in.
‘Mission Accomplished,’ MSM?
http://www.freerepublic.com/focus/f-news/2157227/posts
The Conference Board Consumer Confidence Index™ Falls to a New All-Time Low in December
The american public is, on the whole, vapid and uninformed. While the media does tend to sensationalize there are plenty of sources of good information if you bother to look.
they all seem to recognize media bias, but seem to discount its influence, so it seems that the recognition is for overt bias. On the other hand, the more important bias is covert, i.e. stories not covered, like the current homosexual intifada against Democracy in California.
As usual, doesn’t matter what subject the MSM is covering, everything is a major crisis.
Starts every day and lasts until the next day when they pump up the crisis anew.
Fear, hate, death, destruction, and pushing the new latest nanny state loss of liberty for our own good is their creed.
Ah, yes, we were suddenly in the midst of "urban outdoorsmen".
Ha! Yeah right. The same folks that voted for Oblabla.
American public have few things going against them:
1. A vast majority are stupid (or simple uneducated). (how else can you explain voting for Bambam)
2. Apathetic. We moan and complain in forums like FR, but do nothing as a united group.
3. Too engrossed in things that don’t matter, like why did Paris Hilton go on a huge shopping spree in Oz? Who cares!
etc, etc,etc...
And yet, the economy is not really in that bad of shape. GDP has fallen about .3% since the “depression” started more than a year ago. During the Great Depression, it fell by 33%.
Who’s willing to bet early 2009 newspapers get their Gov sponsored bailout?
Disposable income (after taxes) of all US households is 3% higher now than it was a year ago. Consumption spending is only 0.5% higher, the savings rate increased by the balance.
Anybody hear anything remotely like that from the financial press?
Isn't everyone supposed to be out of work and aren't those that are working supposed to be so in debt to unnamed magical beings in the sky they can't afford anything and aren't they all supposed to be borrowing, net, not saving?
Oh, and US income from abroad continues to be above US payments to foreigners for their investments here. Narrowly, but positive.
US *asset values* have fallen, as *discounting rates* have swung. But US *incomes* have not. At all. Not a smidgen.
Just shilling for Obama. As soon as he’s been sworn in (lying under oath) they’ll turn on a dime and start saying how much better everything is getting!
There is some truth to the opinion that the media is making things worse. However, I think the media is painting a dark picture in order that they may “reveal” “The Divine One” as our salvation.
Of course that is what is going to happen.
Do you all remeber the clintion recession. Ah maybe because of who we are but do you remember seeing situation like this. of course not. It was never really reported on.
If anything the media is painting a brighter picture than reality would indicate. Note how there are very, very few economists willing to speak on the subject. Most of the interviews are with journalists. That’s because few economists want to go on record with what they really think.
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