Media
Are We Talking Ourselves Into Recession?
BusinessWeek article on whether the media’s obsession with bad economic news may be driving low consumer confidence and turning a “slowdown” into a recession.
Case in point: I recently saw Chris Matthews question his pundits about whether McCain has a chance against the Democratic nominee, noting that “voters always vote to change parties in office during a recession”, as though he were hoping both for a recession and a Democratic president.