The stock market is at an all time high but I don't hear that news.
2007-05-07 11:04:36 · 13 answers · asked by Anonymous in Politics & Government ➔ Politics
Because their main audience isn't getting to enjoy it the way millionaires are. People living in this crappy economy are more worried about what plummeting housing prices are going to do to their mortgage, and whether they'll be "streamlined" out of a job.
2007-05-07 11:29:59 · answer #1 · answered by Beardog 7 · 0⤊ 0⤋
We have an insatiable media that doesn't really give a well rounded view of what's happening in the world today. If you took a look at what are the top stories for the year end, over a majority of it deals with entertainment or scandal (ex: Michael Jackson trial, Brad Pitt and Angelina Jolie, Anna Nicole Smith, etc.). Things like the economy get 10 second blurbs and then are never mentioned again.
2007-05-07 11:13:33 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I've heard news about this, plenty of it. The rate of growth is small and the Fed is expected to keep interest rates the same again for there meeting this month. Why should they brag about this? You want this to be the headline when we are in a war so it takes pressure off your party, get real!! When we have big issues the small ones fall from the forefront. If you don't understand that than you are a very unrealistic person.
2007-05-07 11:11:03 · answer #3 · answered by the 2nd woody 3 · 1⤊ 0⤋
i'm no economist, and that i do not quite understand how properly issues are "booming", yet ABC information suggested that the commercial performance in the third quarter became "decrease than envisioned," and the rationalization observed turned right into a pointy downturn in the housing and genuine sources markets. i do not hear everybody declaring recession or melancholy ever, in spite of the indisputable fact that the commercial gadget looks to me at a kind of B or B- aspect, no longer the A+ you in all likelihood may supply a "booming" economic gadget. besides, the voters did not reject the Republicans for motives concerning economic subject matters, yet because they think that the chief of the R. get jointly, the guy in the White abode, is doing his interest extraordinarily, and it really is their way of giving him that message very obviously. It appeared extremely sparkling.
2016-11-26 01:23:18 · answer #4 · answered by andie 4 · 0⤊ 0⤋
Ask the question to the people in New Orleans who were affected by hurricane katrina, about the stock market.
2007-05-07 11:09:25 · answer #5 · answered by F.U. BUDDY 4 · 1⤊ 1⤋
Huge deficit spending in Iraq will be the end of the USA, economy included.
2007-05-07 11:10:15 · answer #6 · answered by Anonymous · 2⤊ 0⤋
News anchormen are not economists.
Tune in to CNBC from 5 to 8 - you'll see a different outlook.
2007-05-07 11:21:11 · answer #7 · answered by Anonymous · 1⤊ 0⤋
They have talked about it. Then they mention how that is possible when housing sales are down and the dollar is less than the Euro dollar.
2007-05-07 11:14:40 · answer #8 · answered by linus_van_pelt_4968 5 · 1⤊ 0⤋
Because the media is controlled by the Democrats...Good news for the country is bad news for them. Why do you think they want us out of Iraq?...So they don't have to surrender under their watch if a Dem wins the White House in '08.
2007-05-07 11:09:52 · answer #9 · answered by autocardude 1 · 0⤊ 4⤋
It has been in the news as well as the depressing economic indicators such as the abysmal GDP.
2007-05-07 11:08:09 · answer #10 · answered by Timothy M 5 · 2⤊ 0⤋