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That's what I'm thinking and wondered are all red and blue news outlets reporting this the same? Is it just the ones with the opposite political agenda? Becaus

That's what I'm thinking and wondered are all red and blue news outlets reporting this the same? Is it just the ones with the opposite political agenda? Because the boon economy we been experiencing is a huge positive for the person in office now and their possible re-election.

jerf 7y ago
The economy bleeding is the economy leading. Even if it isn't, it's still a more exciting story than "everything's probably fine for now". I believe there are plenty of people who would in a heartbeat spark a recession for millions of people as long as it let them get rid of Trump. In the spirit of "A single death is a tragedy, a million is a statistic", the cognitively-available benefit of getting rid of Trump would dominate the vague and diffuse "some people somewhere might get hurt" that would entail. (And that is granting them the benefit of the doubt that they'd even care about it if they could managed to grapple with it, a theory I don't particularly have a lot of evidence for.) However, it's too early for that. If a recession hits now, there's time for the economy to recover before the election and the recession to just be a memory in our ever-increasingly news cycle driver news economy. "What recession? Oh, you mean the one from 150 news cycles ago? Who cares?" "They" would want it in full swing somewhere around the election, and would settle for the worst bits being a month or two before the election. I tend to think this is just the media echo chamber picking up an idea.
- akhilcacharya 7y ago
  I'm old enough to remember Trump claiming that the economy was in shambles in 2015 and 2016 when it isn't remarkably different than it is now. Almost as though that was a big part of his message! Bring on the gloom and doom, it's not much different than what we had from 2014 onwards.
- briandear 7y ago
  Some pretty sick people that would actually wish harm and suffering on people just to win an election. There was a Duke psychiatrist on TV the other day that actually said Trump will kill more people than Mao, Stalin, and Hitler combined. A “respected” psychiatrist saying such nonsense that Trump is on course to exterminating 50+ million people! And now we have the media hyping up recession talks with wishful thinking. A former Canadian prime minister is “rooting” for the hurricane to destroy Mar a Lago in Florida just to teach Trump a lesson. What an evil person: wishing death and destruction on people because they disagree with their political views. There is the climate doomsday cult that seems exactly like the Catholic Church during the Inquisition: you either accept the “truth” or you get burned at the stake. It has become just as nutso as the most persistant cults ever on earth. We are constantly being told that the world is literally ending in 12 years. Yet, unless there is some nuclear war, we all know that to be false. But still, it sells “bibles” and gets votes. Some people really are deranged. My personal situation has been just fine under Trump. If people turned off the news and just looked at their own situation, most people would probably say they are doing pretty ok if not better than ok. People should vote on how well they are personally doing, not on how well the media tells them everyone else might be doing. Basically, everyone needs to calm down and stop wishing death, destruction, or financial ruin on people just to get someone elected. That’s sick.
  - PhasmaFelis 7y ago
    I can see your point in general, but arguing for civility and human kindness in the same breath that you praise Trump is pretty damn ironic.
- gerbilly 7y ago
  > I believe there are plenty of people who would in a heartbeat spark a recession for millions of people as long as it let them get rid of Trump. Geez, I don't think anyone was implying that was the reason the media was talking recession. Do you know any reporters, and are you familiar with how they work? I do, and none of them just make up stories the way you are implying. I suggest that when people imply 'fake news', that the burden of proof be placed on them.
  - jerf 7y ago
    I didn't say it would be reporters. They pretty much just relay things from people in the financial business, who have a whole range of interests of their own. Reporters would have very limited ability to independently decide there's a recession coming, just as they have a limited ability to come to their own conclusions in any other domain. Bear in mind we live in a world where this happened: https://slate.com/business/2019/08/william-dudley-fed-trump-interest-rates-economy.amp https://slate.com/business/2019/08/william-dudley-fed-trump-... (Note: generally liberal site, not a foxnews or brietbart pick.) It's not exactly a crazy conspiracy theory when the former head of the Fed is openly talking about this sort of thing. I mean, quite the contrary; you've got to pay attention to that sort of source! If that's out in the open, what do you think is going on behind closed doors?
    - gerbilly 7y ago
      The reporters I know won't publish a claim without two or more independent sources.
      - jerf 7y ago
        It would probably be a challenge to find a time when reporters couldn't find two people who think bad times are just around the corner. Predicting recession is the economic equivalent of the first post on HN being disagreement with the posted article, and just as popular. And that's long before accounting for the possibility of agendas skewing what people say, since I hardly believe our financial system is run by disinterested angels, or by people who inexplicably have failed to notice how much power they have when they open their mouth. You don't stand a chance of convincing me that all of the participants in this process are just upstanding folks who wouldn't dream of doing anything untoward and that there's nobody would even spare a single thought for how they might manipulate the system for their own goals. The pile of evidence you'd have to present to overcome the pile of evidence that we all have (not just me) to the contrary is too large to fit on planet Earth.
akhilcacharya 7y ago
> Because the boon economy we been experiencing is a huge positive for the person in office now and their possible re-election. If it s why are they trailing all competitors? Why do they have a -10 to -20 point net job approval even in the same polls where they get good marks on the economy?

jerf 7y ago

The economy bleeding is the economy leading. Even if it isn't, it's still a more exciting story than "everything's probably fine for now". I believe there are plenty of people who would in a heartbeat spark a recession for millions of people as long as it let them get rid of Trump. In the spirit of "A single death is a tragedy, a million is a statistic", the cognitively-available benefit of getting rid of Trump would dominate the vague and diffuse "some people somewhere might get hurt" that would entail. (And that is granting them the benefit of the doubt that they'd even care about it if they could managed to grapple with it, a theory I don't particularly have a lot of evidence for.) However, it's too early for that. If a recession hits now, there's time for the economy to recover before the election and the recession to just be a memory in our ever-increasingly news cycle driver news economy. "What recession? Oh, you mean the one from 150 news cycles ago? Who cares?" "They" would want it in full swing somewhere around the election, and would settle for the worst bits being a month or two before the election. I tend to think this is just the media echo chamber picking up an idea.

akhilcacharya 7y ago
I'm old enough to remember Trump claiming that the economy was in shambles in 2015 and 2016 when it isn't remarkably different than it is now. Almost as though that was a big part of his message! Bring on the gloom and doom, it's not much different than what we had from 2014 onwards.
briandear 7y ago
Some pretty sick people that would actually wish harm and suffering on people just to win an election. There was a Duke psychiatrist on TV the other day that actually said Trump will kill more people than Mao, Stalin, and Hitler combined. A “respected” psychiatrist saying such nonsense that Trump is on course to exterminating 50+ million people! And now we have the media hyping up recession talks with wishful thinking. A former Canadian prime minister is “rooting” for the hurricane to destroy Mar a Lago in Florida just to teach Trump a lesson. What an evil person: wishing death and destruction on people because they disagree with their political views. There is the climate doomsday cult that seems exactly like the Catholic Church during the Inquisition: you either accept the “truth” or you get burned at the stake. It has become just as nutso as the most persistant cults ever on earth. We are constantly being told that the world is literally ending in 12 years. Yet, unless there is some nuclear war, we all know that to be false. But still, it sells “bibles” and gets votes. Some people really are deranged. My personal situation has been just fine under Trump. If people turned off the news and just looked at their own situation, most people would probably say they are doing pretty ok if not better than ok. People should vote on how well they are personally doing, not on how well the media tells them everyone else might be doing. Basically, everyone needs to calm down and stop wishing death, destruction, or financial ruin on people just to get someone elected. That’s sick.
- PhasmaFelis 7y ago
  I can see your point in general, but arguing for civility and human kindness in the same breath that you praise Trump is pretty damn ironic.
gerbilly 7y ago
> I believe there are plenty of people who would in a heartbeat spark a recession for millions of people as long as it let them get rid of Trump. Geez, I don't think anyone was implying that was the reason the media was talking recession. Do you know any reporters, and are you familiar with how they work? I do, and none of them just make up stories the way you are implying. I suggest that when people imply 'fake news', that the burden of proof be placed on them.
- jerf 7y ago
  I didn't say it would be reporters. They pretty much just relay things from people in the financial business, who have a whole range of interests of their own. Reporters would have very limited ability to independently decide there's a recession coming, just as they have a limited ability to come to their own conclusions in any other domain. Bear in mind we live in a world where this happened: https://slate.com/business/2019/08/william-dudley-fed-trump-interest-rates-economy.amp https://slate.com/business/2019/08/william-dudley-fed-trump-... (Note: generally liberal site, not a foxnews or brietbart pick.) It's not exactly a crazy conspiracy theory when the former head of the Fed is openly talking about this sort of thing. I mean, quite the contrary; you've got to pay attention to that sort of source! If that's out in the open, what do you think is going on behind closed doors?
  - gerbilly 7y ago
    The reporters I know won't publish a claim without two or more independent sources.
    - jerf 7y ago
      It would probably be a challenge to find a time when reporters couldn't find two people who think bad times are just around the corner. Predicting recession is the economic equivalent of the first post on HN being disagreement with the posted article, and just as popular. And that's long before accounting for the possibility of agendas skewing what people say, since I hardly believe our financial system is run by disinterested angels, or by people who inexplicably have failed to notice how much power they have when they open their mouth. You don't stand a chance of convincing me that all of the participants in this process are just upstanding folks who wouldn't dream of doing anything untoward and that there's nobody would even spare a single thought for how they might manipulate the system for their own goals. The pile of evidence you'd have to present to overcome the pile of evidence that we all have (not just me) to the contrary is too large to fit on planet Earth.

akhilcacharya 7y ago

> Because the boon economy we been experiencing is a huge positive for the person in office now and their possible re-election. If it s why are they trailing all competitors? Why do they have a -10 to -20 point net job approval even in the same polls where they get good marks on the economy?