Monday, June 09, 2008
Why the Economy Is Better Than You Think
The media love bad news. Bad news sells. A story with the headline "America's Best Airports" probably won't be as popular as a story called "America's Worst Airports." For another example, here's a story about the U.S. economy from the latest issue of Newsweek, "Why It's Worse Than You Think." Not a surprising piece, given that the magazine made its recession call back in February, though the economy has stubbornly refused to roll over.
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