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Mainstream Media Changeing Economic Definition a Reflection of MSM Woes
DBKP ^ | April 12, 2008 | mondoreb

Posted on 04/12/2008 9:20:30 AM PDT by mondoreb

“Recession is when a neighbor loses his job. Depression is when you lose yours.”

Perhaps the above Ronald Reagan quote is a good example of why the Mainstream Media is so gloomy about the economy.

If you’re employed by the MSM, job cuts and downsizing is not only a fact of life, there’s no end in sight for the members of the Media Pampered Class. It’s easy to see why the MSM talking heads are so obsessed with bad economic news: if arrogance and conservative-bashing are no longer enough to ensure one’s continued employment in the MSM, then the economy MUST be in shambles.

(Excerpt) Read more at deathby1000papercuts.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: bias; economy; mainstreammedia; reporting
If a company is selling what customers aren't buying, then they change or go under. The MSM doesn't look like it will change. No wonder they're so gloomy: to the MSM, it must look like a depression out there.
1 posted on 04/12/2008 9:20:30 AM PDT by mondoreb
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To: mondoreb

I apologize for the incorrect spelling of “changeing”....I pushed the button too quickly....I know it’s “changing”.


2 posted on 04/12/2008 9:23:19 AM PDT by mondoreb
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To: mondoreb

Changeing and hopeing.


3 posted on 04/12/2008 9:25:42 AM PDT by Always Right (Was it over when the Germans bombed Pearl Harbor?)
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To: Always Right

oh brother...I’ll plead too much to do and too little time to do it in...

I hate that. But thanx!


4 posted on 04/12/2008 9:32:16 AM PDT by mondoreb
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To: mondoreb
Excellent point.

I work in manufacturing of long lead big ticket items, 85% of our business is related to the petroleum industry (refining, production, pipeline) in 25 years I have never seen it so busy. We have four factories (US, Canada, UK, France) all four are sold out for 2008 except for some minor exceptions in Canada for limited product. France is sold out through June 2009

It is same with our competitors.

Historically, our industry lags the general industry by 9 to 15 months, as long lead items are planned for during good times and then purchased when the economy slows. This current boom is now two years and approaching three, with no end in sight. We have added double shifts, but cannot find enough qualified workers to start a third shift.

5 posted on 04/12/2008 9:42:05 AM PDT by Michael.SF. ("democrat" -- 'one who panders to the crude and mindless whims of the masses " - Joseph J. Ellis)
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To: mondoreb

When a hurricane is coming why try to deny it just because the wind is only blowing at tropical storm levels.


6 posted on 04/13/2008 3:15:27 AM PDT by biff
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