The Real Economy

How many times have you seen negative headlines? They are the mantra we hear from the media virtually everyday. "High gas prices are expected to spark inflation and could drive this economy to a halt." "Consumers are doubting economic future." "The sky is falling." That last one was actually from Chicken Little, or Al Gore on the environment, or something like that. Any way, the news isn't good, but the economy keeps on chugging along at excellent levels.

The media may have an incentive for the economy to decline. According to most scholars who monitor journalists, the vast majority of those in media (approximately 80%) describe themselves as "liberal" or "very liberal." That percentage may be higher than the entire delegation to the Democratic National Convention from Massachusetts. If they keep saying it is bad long enough, and we believe it, people might vote their liberal friends to office. Stranger things have happened.

Also, when is the last time people bought a newspaper because of good news? "The Economy is Great" or "Everything is Fine" rarely catches a person's attention. Imagine the little kid with suspenders and cap running through the streets in an old black & white film with a newspaper, yelling "Extra, Extra, prosperity breaks out everywhere!" It should happen, but it rarely actually does, although we seem to celebrate the economy every day in the real world.

Speaking of the real world, the place most journalists don't appear to live in, but where I make a living, I find a very different economy.

I find more optimism about the future than any time in the last twenty years.

I find more employers hiring more employees than I have seen in years.

I am finding a record number of businesses expanding rather than laying people off.

In other words, I find a pretty solid economy. I prefer my economy and it seems more realistic than the one promoted by the media and I hope Americans don't drink the poisoned Kool-Aid the media is handing out. Let the media remain scared in an effort to sell newspapers or even change government. Let's you and I stay in the real world.

The inability of the media to stay in the real world has led to its massive decline. The heavily hierarchical media structure that drove information for decades (from the media down to the consumer) was overtaken by the surprising popularity of talk radio in the 80's and 90s (a forum where real people could express their views) and is being obliterated by the Internet which is now overwhelmingly being driven by the audience rather than the "media elite."

The next time you hear so-called "bad news" about the economy, take a positive step. Consider investing in something new, maybe contemplate the hiring of an employee, or see what you can do to add to this impressive economy noted for record growth. Let the journalists continue to live in their private little world, with its personal agendas, no matter how depressing it may be. But by all means, don't join them. Be real, like the economy.