Posts Tagged ‘economics’

Fear Mongering Isn’t Helping the Recession

Friday, April 3rd, 2009

I don’t like economics. I don’t like the recession. It feels as if the media has latched onto a new hot-button issue and won’t let go. Every day it seems like another statistic related to the recession is being discussed without an ounce of optimism for an entire newscast. Keep in mind, I live in Alberta and we’ve yet to face the brunt of the recession. However, let’s be realistic and look at the Petro-Canada/Suncor merger as an example: did anyone talk about the jump in the markets? Not really. Why not? What have we got to hide? Looking forward to today with the G20 meetings, there doesn’t seem to be a lot of optimism. How are we going to face the biggest economic crisis in six decades? It’s obvious we can’t fix this over night but someone has to take a step in the right direction. I like the G20 event, I also noticed the markets have rallied around it (for a third day in a row too), why hasn’t anyone emphasized this? I think we just need some optimism to get the ball rolling.



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