Day By Day

Monday, December 17, 2007

Media Myths About the Economy

The Business and Media Institute has compiled a list of the top ten media myths regarding the economy put forth in 2007.

Among the top subjects being routinely misrepresented in media reports are:

the idea that any change in the stock market signals economic distress to come,

the notion that there is a scientific consensus on the danger of global warming,

the perception that most Americans are in danger of losing their homes,

that free health care comes without major costs,

and that the economy is in or about to enter a recession.

Here's the complete list.