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>Nobody is incentivized to share bad news about the economy. Isn't the media incentivized to keep you watching or reading? The common criticism of media is the
by pedroma 1y ago
>Nobody is incentivized to share bad news about the economy.
Isn't the media incentivized to keep you watching or reading? The common criticism of media is they like to exaggerate a minor issue to get you to click on a headline.
- hello_moto 1y agoexcept when it affects the economy thus their investment (be it 401k or something else)
- pedroma 1y agoThey might be short sellers, or they might be foreign and view the US as an economic rival. There may be more incentives than just more clicks for the media.
- ajmurmann 1y agoYet, for the last few years the media has been poopooing and economy that's by pretty much all measures was very strong.
- nradov 1y agoA more likely explanation is that outside of a few specialized publications, most members of the media are just as financially and economically illiterate as the average person. I mean how many finance and economics courses do you have to pass to get a degree in journalism or communications? There's no deep media conspiracy here.