Maybe It’s Not Quite as Bad as You Thinkby Tim Manni
There’s no doubt the country is in dire economic straits, but if the media’s doom-and-gloom reporting sounds a little over the top at times to you, you’re not alone:
Seventy-seven percent of Americans believe that the U.S. media is making the economic situation worse by projecting fear into people’s minds. [emphasis added]
The majority of those surveyed feel that the financial press, by focusing on and embellishing negative news, is damaging consumer confidence and damping investment, making a difficult situation much worse. The poll was conducted via telephone, December 4 – 7.
The US survey of 1000 adults was conducted by Opinion Research Corporation and is statistically representative of the total U.S. population. The survey question: “Do you think the financial press is making the economic crisis worse by projecting fear into people’s minds?”