...publish so many alarmist stories? Surely this makes them complicit. They can't seriously say "we just report the facts" when they have enough basic economic knowledge to know they're also thereby contributing to those facts. Do they want markets to crash? Does the European press secretly want the Euro to fail??
I wasn't *trying* to be smart
(Can I help it if I'm gifted? jk) And sure, there are heaps of lazy papers (Rupert Murdoch <cough>) which don't fact-check and which run scare campaigns on every issue every day to pander to people's insecurities about everything -- especially getting cancer!
But even if we're generous and acknowledge there are at least some good papers out there with clever, well-educated reporters who have heaps of knowledge about how the economy runs (way more than I have) -- they STILL write stories with headlines like "Fear of Double-Dip Recession May Cause Double-Dip Recession" and then **run the bloody story**!!!! Seriously! Surely they know the only reason anyone ever heard of a "double-dip recession" was all those articles to begin with.... Maybe if they didn't they could help avoid one?? Do they have an obligation to help maybe??
I wasn't *trying* to be smart
(Can I help it if I'm gifted? jk) And sure, there are heaps of lazy papers (Rupert Murdoch <cough>) which don't fact-check and which run scare campaigns on every issue every day to pander to people's insecurities about everything -- especially getting cancer! But even if we're generous and acknowledge there are at least some good papers out there with clever, well-educated reporters who have heaps of knowledge about how the economy runs (way more than I have) -- they STILL write stories with headlines like "Fear of Double-Dip Recession May Cause Double-Dip Recession" and then **run the bloody story**!!!! Seriously! Surely they know the only reason anyone ever heard of a "double-dip recession" was all those articles to begin with.... Maybe if they didn't they could help avoid one?? Do they have an obligation to help maybe??