Numbers, Facts and Trends Shaping Your World
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As the White House moved on a number of economic fronts last week, the financial meltdown and Obama’s big speech accounted for nearly half the news agenda. And the media distilled an unmistakable message about the direction of the new administration.
Overview The latest Pew Research Center News IQ survey finds the American public reasonably well-informed about a number of basic facts pertaining to the current economic situation. Fully 83% know that the government assistance to banks and other financial institutions is aimed at getting them to lend more money, not less money. Roughly seven-in-ten (71%) […]
The financial crisis dominated the news for the seventh week in a row as earmarks, bailouts, and talk of a second stimulus package helped fuel the narrative. And with Bernard Madoff heading to jail, greed and excess were recurring themes in the news.
Just as the stimulus fight was ending, another debate erupted last week over the President’s new housing package. And Detroit was back, once again with its hand outstretched. Another day, another storyline in the metastasizing economic meltdown.