On the upside, fear-hoarding of canned goods and sundries gives the economy some consistent juice.
5 Scary Myths You Probably Believe About the Economy

Pundits love to tell us that the American economy is circling the drain due to the recession and politicians throwing money out the window like it’s made of bees. To hear them say it, America is always just on the cusp of a Mad Max-style blasted hellscape.
But in the midst of all that doom and gloom, there are a whole bunch of very smart people saying that things aren’t nearly as bad as the inflammatory headlines make it look. We aren’t saying they’re right (spoiler alert: nobody can actually predict the economy), but there’s no reason why we should always assume the pessimists are right, either. So if nothing else, it will improve your mood a bit to hear…

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On the upside, fear-hoarding of canned goods and sundries gives the economy some consistent juice.

5 Scary Myths You Probably Believe About the Economy

Pundits love to tell us that the American economy is circling the drain due to the recession and politicians throwing money out the window like it’s made of bees. To hear them say it, America is always just on the cusp of a Mad Max-style blasted hellscape.

But in the midst of all that doom and gloom, there are a whole bunch of very smart people saying that things aren’t nearly as bad as the inflammatory headlines make it look. We aren’t saying they’re right (spoiler alert: nobody can actually predict the economy), but there’s no reason why we should always assume the pessimists are right, either. So if nothing else, it will improve your mood a bit to hear…

Read More

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  5. synkkaenkeli reblogged this from motifsky and added:
    THere’s some really good explainations about how the media twists numbers and doesn’t tell everyone the whole story to...
  6. motifsky reblogged this from cracked and added:
    The bit about immigrants is especially worth a read.
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