The Media and Recession: The Importance of Silence

Recently, news programs and the media in general have gone about talking about there being a recession in America. No matter whether there is or not, this is a BAD idea. When people hear this, they think something like "Oh! I better save money just in case things get ugly!" and BANG, the conditions for a recession are set. Good job, the media. And just in case people realize that in order to avert a recession what they need to do is SPEND money (stimulating the economy), they have news programs telling them "Watch out, recession coming, SAVE your money!"

 So SHUT UP, the media!

Scroll down to load more…