The big problem with this is that the American people are put in the place of trying to make decisions based on flawed information. When we don’t know what’s really happening, we can’t prepare. Yet the media, rather than just presenting the facts, is painting everything with a political brush.
Ultimately, this means that instead of making the kinds of decisions which will help forestall any financial disaster and will best protect our families, we are making decisions based upon emotion. All those people who are buying houses right now, driving the prices up, wouldn’t be buying them if they realized we’re on the brink of a financial cliff.
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The big problem with this is that the American people are put in the place of trying to make decisions based on flawed information. When we don’t know what’s really happening, we can’t prepare. Yet the media, rather than just presenting the facts, is painting everything with a political brush.
Ultimately, this means that instead of making the kinds of decisions which will help forestall any financial disaster and will best protect our families, we are making decisions based upon emotion. All those people who are buying houses right now, driving the prices up, wouldn’t be buying them if they realized we’re on the brink of a financial cliff.