Thursday, June 18, 2009

Why the Media and the Government upsets me when it comes to the economy

There are many things that get on my nerves, and lately both the media and the government has gotten under my skin when it comes to the economy. For example, the government is using this economic crisis to "change" everything for the worse, in my opinion. Mostly everyone in the media is behaving like John Madden and stating the obvious. When the market goes up, they report that we are recovering and will be out of the hole soon. When the market goes down, the media does a 180 and says "whoa wait a second, we are not out of the woods yet." To me, this is just useless bantering, but there are many people out there who do not understand the fundamentals of what is really happening and do believe what they are told. Our government realizes that people are so enthralled in the fact that something must be done to fix our situation, that people are willing to take on more regulations, more restrictions, and spend trillions of dollars (in the wrong way) to get us out of it. In my opinion, there is so much happening that in the end we are digging ourselves a larger hole. In my next post, I will get into greater detail about why the media and the government has me so upset and worried.
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