Confidence Crisis

The current economic recession is being referred to by the news media as a "Confidence Crisis", a term used of ABC's Good Morning America. If such a condition exists, do you suppose the news media has had a hand in creating it. I notice that every news broadcast, pundit interview, talk show host and comedy routine is all about the economy's downside. A lot of these talking heads maintain that things are so bad with people loosing their jobs, homes and fortunes that despair and fear is all that people have left. The 6 o'clock news program has tips on how to be a savvy shoppper, where to find bargains, where to get freebies, how to find a job, and what educational opportunities exist to improve job skills. With all this unsolicited advice flying around, you'd think that, before the economy slowed and then retracted, no one knew how to do any of these things. Personnally, I wish the TV and radio hosts would move on. Sure, report the facts about the latest economic news and government initiatives to correct the problem or not, but give up the analyses. Chances are the media will still be talking about what people can do to cope long after the economy has rebounded, but no one will notice because they're all at work, out shopping or on vacation.