tag:blogger.com,1999:blog-7169279.post9084834451799937300..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Media…The Source of the Problem.Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7169279.post-34593747693447944842009-03-13T14:36:00.000-06:002009-03-13T14:36:00.000-06:00I agree that "pessimism porn" is hurting the situa...I agree that "pessimism porn" is hurting the situation. I do believe, however, that its effects on the economy are limited. If you go back to the Great Depression, there were no internet and television programs (although they had newspapers) constantly ranting about how bad things are, yet they still experienced a massive economic downturn. I'm not implying, nor do I believe, that things are asanthonyhttps://www.blogger.com/profile/04626372206362885398noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-47047049058720540532009-03-13T13:58:00.000-06:002009-03-13T13:58:00.000-06:00I agree with Dr. Tufte concerning "pessimism porn"...I agree with Dr. Tufte concerning "pessimism porn" throwing the market out-of-balance. Because these people are so caught up in how bad the economy is and how poorly the stock market is performing, they refuse to carry on with life’s ebbs and flows which drive the economy. These "pessimistic porn" addicts no longer spend or invest as they once did which is hurting consumer confidence and Brian Smithhttps://www.blogger.com/profile/12739012264425131024noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-10484654785168958902009-03-08T16:04:00.000-06:002009-03-08T16:04:00.000-06:00I am a longtime advocate of the view that the medi...I am a longtime advocate of the view that the media presents a pessimistic view of the economy.<BR/><BR/>Having said that, I don't think they are any worse this time around. That's probably a good thing, if in fact, the economy is worse that the media portrays.<BR/><BR/>For my part, pessimism porn isn't so much about the media, or about pessimism, but about that pessimism interfering with the Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.com