Tuesday, November 29, 2005

War and the Economy: Americans Don't Buy MSM Line

So, it turns out that Americans that know anything about what is really going on in Iraq aren't very pessimistic as opposed to those who just read the papers. You could say the same for the economy. Unfortunately for the MSM, pretty much every American has first-hand experience with the economy. But, the bozos in the MSM continue to try to convince Americans that times are terrible, and it clearly doesn't seem to be working. We are confronted with sob stories of workers who await layoffs at Delphi and GM, but are not told that these jobs will be replaced in weeks by the great job making machine that is the US economy (left with as little onerous government meddling as possible). We also don't hear that the jobs that are getting wiped out, such as GM in Michigan, are mostly due to the jobs that are being created by Toyota, Mercedes and Hyundai in places like Alabama and Texas. What about the 20,000 or so unfilled trucker jobs, or the many other industries that can't find qualified workers? The other day I went to a presentation by the US country manager of H&M, arguably the hottest apparel retailer today, and she mentioned that their expansion plans in the US are constrained by the lack of available workers. Apparently, there aren't enough people around who can fold and hang clothes and be helpful and nice to customers. There is little justification for all the gnashing of teeth in newsrooms over the plight of 'workers.' My speculation is that the MSM's real lament is that jobs are moving from blue places like Michigan to red places like Texas and from union shops like GM to non-union shops like Toyota. Despite the fact that this has been going on for decades and the cause has been disastrous state government policy, somehow the MSM still misses the point and thinks that these individual stories are news and sells papers. Ask any replanted New Yorker now living in Arizona or Atlanta why they moved, and they won't say that some big bad corporation laid them off, they'll say "high taxes, high crime, crumbling infrastructure, couldn't run a business, bad schools..."

0 Comments:

Post a Comment

<< Home