Negitive Media on Oboma. Do you Know pestimism contributes greatly to recession?

who really knows how the Economy works and does not take what a bias or controversy for ratings driven news media says always at face value..but learn knows the truth..

Do you know Regardless of what any president does media driven optimism or skeptism has a greater effect on the economy..

I learned in economics that optimism is the very important for a thriving economy..if people are confident of a bright future..those that have money will invest in business, thus creating jobs, thus people will have money and spend, thus creating more new jobs, thus people will invest more and so on and the economy will grow..

if people are told that things are bad or going to get worse..people will back out of investments in companies, spending will decrease, jobs will be lost, thus companies profits will decrease..thus more people not investing and saving and making more business to loose profits and more layoffs..

If everything the president does is criticized (which is a political stratiegy in many cases to regain republican control 2012) before it is even proven or even explained to the public..than any positive effects of the plan will be offset be skeptism..is anybody smart enought to realize this besides me?
 
Back
Top