As a follow-up to previous comments on my critique of the financial media, especially with regard to its reporting on bonds and corporate management, what is the media good at?
Gossip and scandal is always up in the headlines but if you want all you will ever have to know about sports numbers and trivia, the reportage will suffice.
Maybe that’s why the average American knows so little of how government and the economy work. That’s the reason why politicians can talk down to voters who haven’t the basic understanding of economics and government that an alert media would provide average citizens; along with politically impartial info as well. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
No comments:
Post a Comment