The public mindset is a significant factor in the nation's economy. Explore how the media and politicians influence public opinion on economic matters during presidential elections
Contact: James Agresti, President, Just Facts, 973-539-5280 ext 7
FLORHAM PARK, New Jersey, October 20 /Christian Newswire/ -- Just Facts, a non-profit research and educational institute, has published an important paper entitled Talking Down the Economy. This meticulously researched and documented account details the manner in which media outlets and politicians have influenced the public's perception of the economy during elections.
In 2001, Democratic leaders and prominent media outlets accused George W. Bush of "talking down the economy" in the wake of the dot.com market crash, a declining GDP, and plummeting corporate profits. The Washington Post went so far as to state that economic indicators "deteriorated considerably" following "a drumbeat of ominous forecasts by the Bush administration." In actuality, economic indicators were deteriorating well before this statement and a host of similar ones by other media outlets.
However, there is no doubt that the words of politicians and journalists can have a significant impact on the economy. Yet, the same parties who accused President Bush of "talking down the economy" in 2001 failed to heed their own advice in 1992 and 2004. During these elections, despite the existence of objectively favorable economic data, media voices discussed the economy in a decidedly negative tone. Moreover, leading up to the financial crisis of 2008, positive economic data was buried and negative news trumpeted.
In this article, Just Facts provides readers with valuable insight that helps them make critical assessments on economic matters and their relevance to presidential elections. Read the full article at Just Facts Exclusive News Service.
About us: Just Facts is a 501 (c) (3) non-profit research and educational foundation committed to high standards of accuracy and reliability. Our mission is to research and publish verifiable facts on the critical issues of our time.
