Description

Edge of Chaos is a political podcast starring Joe Ryan and Neurotoxin. Its aim is to have a free-flowing discussion of news and current events that also examines the empirical outcomes of public policy, avoiding biases based on ideology and policy intentions. Listener discretion is both advised and encouraged.

Sunday, March 3, 2013

Recovery or not? Make up your minds, media clowns.

http://money.cnn.com/2013/03/03/investing/stocks-look-ahead/index.html?iid=Lead

So now that they need to panic American about the "devastating" and untimely cuts; the mainstream media suddenly acknowledges new jobs created have "barely kept up with population growth" and "unemployment has virtually stayed the same"? For those not versed in economic lingo - it means we're stable, but what we lost in the recession of 2008-10 has NOT come back. It begs a simple question.

IF THE MEDIA REALIZES THIS; WHAT "RECOVERY" HAVE THEY BEEN ATTRIBUTING TO THE GOVT AND FED'S ECONOMIC POLICIES FOR THE LAST 3 YEARS?

-Toxin
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1 comment:

  1. Joe RyanMarch 3, 2013 at 2:03 PM

    It's in the media's interest to make sure we don't think the sky is falling, otherwise the economic machine will screech to a halt completely amongst hoarding and general chaos. Basically they're saying what they think people want to hear, "Go back to bed America, everything is fine. By the way keep buying stuff." The Corporatocracy depends on such dishonesty to keep existing.

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