3 ms·

I keep trying to tell people, but they've drank the koolaid from the mainstream media, unfortunately... the facts as you have listed them are there for anyone t

I keep trying to tell people, but they've drank the koolaid from the mainstream media, unfortunately... the facts as you have listed them are there for anyone to think about, but the rabid "EVERYTHING IS FINE, SHUT UP AND BUY MORE" crowd won't have the thought of weak fundamentals in their head. Many of the problems are "easy" to fix with government action, but the consequences of the easy fixes are problematic.

golergka 11y ago
> they've drank the koolaid > the rabid ... crowd won't have the thought of weak fundamentals If you've been telling people using the same level of rhetoric and the same amount of facts as in this comment, I wouldn't be surprised if they don't listen to you, regardless of whether you're actually right or not.
- jazzyk 11y ago
  It is probably out of frustration, because whatever language you use to argue something which is not supported by the mass media is rejected by most people as being 'fringe' or 'kooky' (Ron Paul being a well-known example). The public is only slowly waking up to the fact that mass media ownership has been consolidated among 5-6 major corporate/industrial conglomerates. Slowly, hence the frustration.
  - cryoshon 11y ago
    Yes, this is exactly it. You can use whatever technical indicators or statistics you want to create your alternative narrative, but if it isn't the MSM's narrative (which is frequently very poorly researched and extremely corrupted by outside interests) you won't be listened to because you're not "the authority" on the issue. The media has been on the bullhorn about "the recovery" for years now, trying to make it happen by repeating that it's already happening. It's no surprise that this language rings hollow for many people; the GDP of a country and the stock valuations on an index do not necessarily mean that there is a genuinely healthy economy. These kinds of discussions never take into account labor force participation, only rarely QE, geopolitics, actual volume of consumer goods moved, actual market liquidity, etc.
    - zxcvcxz 11y ago
      HN always reminds me of this comic: http://i.imgur.com/NIWnZgu.jpg http://i.imgur.com/NIWnZgu.jpg
- cryoshon 11y ago
  The post that I replied to contains sufficient rhetorical talking points that are typically used in this kind of discussion. Do you have a refutation of them? You can state the facts as impartially as you like; people will not hear them because it contradicts the "recovery is here and the economy is strong" narrative.

golergka 11y ago

> they've drank the koolaid > the rabid ... crowd won't have the thought of weak fundamentals If you've been telling people using the same level of rhetoric and the same amount of facts as in this comment, I wouldn't be surprised if they don't listen to you, regardless of whether you're actually right or not.

jazzyk 11y ago
It is probably out of frustration, because whatever language you use to argue something which is not supported by the mass media is rejected by most people as being 'fringe' or 'kooky' (Ron Paul being a well-known example). The public is only slowly waking up to the fact that mass media ownership has been consolidated among 5-6 major corporate/industrial conglomerates. Slowly, hence the frustration.
- cryoshon 11y ago
  Yes, this is exactly it. You can use whatever technical indicators or statistics you want to create your alternative narrative, but if it isn't the MSM's narrative (which is frequently very poorly researched and extremely corrupted by outside interests) you won't be listened to because you're not "the authority" on the issue. The media has been on the bullhorn about "the recovery" for years now, trying to make it happen by repeating that it's already happening. It's no surprise that this language rings hollow for many people; the GDP of a country and the stock valuations on an index do not necessarily mean that there is a genuinely healthy economy. These kinds of discussions never take into account labor force participation, only rarely QE, geopolitics, actual volume of consumer goods moved, actual market liquidity, etc.
  - zxcvcxz 11y ago
    HN always reminds me of this comic: http://i.imgur.com/NIWnZgu.jpg http://i.imgur.com/NIWnZgu.jpg
cryoshon 11y ago
The post that I replied to contains sufficient rhetorical talking points that are typically used in this kind of discussion. Do you have a refutation of them? You can state the facts as impartially as you like; people will not hear them because it contradicts the "recovery is here and the economy is strong" narrative.