As a follow up to my earlier post, I give you this Inc.com article. The opening sentence: The economic crisis has kids worried about receiving fewer gifts this holiday season, according to Node Research. Where to start on that one? Could this be a push poll? Why even do this poll? Are kids primarily worried about how many gifts they receive? Is that the purpose of Christmas? Would fewer gifts be traumatic? I could go on, but you get my point. I think this is borderline propaganda.
Continue ReadingThe Economy Has To Be Bad
The economy is not in good shape right now, but the economic reporting by the “mainstream” media is abysmal. For instance, this article from CNNMoney.com shows the writer working hard to present the positive data are really being gloomy. The opening sentence sets the table for the writer’s theme: Stores and online merchants were busier this weekend than they were a year ago, according to figures out Sunday, but signs persist that holiday shopping will suffer in the weakest economic climate in decades. Unfortunately, facts are stubborn things (my editing): The National Retail Federation (NRF), an industry trade group, said shoppers spent $41 billion in the 4-day Thanksgiving weekend. The… Read More
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