Economic Gloom and Doom?

Interesting story from the Washington Post about the economy and peoples’ attitudes. Seems that the economy isn’t as bad as the general public believes it is. Somewhat humorously, the Post attempts to defend media coverage of the economy, when all the public has seen and heard for much of the past year is gloom and doom. Gee, when all you read about or view on TV is that the sky is falling, after a while you’ll begin to believe it. Even when the sky is safe and sound, thank you very much.

There’s little doubt that negative media coverage regarding the economy is a major cause of the poor attitudes that many Americans possess. The Post notes that the media covered the last two recessions much the same way, but what they fail to mention is the vast growth in the amount and type of news available now. The Internet was still an infant during the last recession. Now, news and information — especially economic news and information — are everywhere. The long and the short of the Post article: Things really aren’t as bad as they seem!

About National Oil & Lube News

National Oil & Lube News is the fast oil change industry's oldest and largest trade publication. Started in 1986 by Steve Hurt (a former fast lube owner) and David Arrington, NOLN has grown and evolved right alongside the fast lube industry. Here at NOLN, our aim is to help fast lube operators with every facet of their business, from operations to technical issues. Our monthly magazine and this regularly updated website contain everything from technical tips, recall announcements and service guides to articles on handling customer complaints, building your brand and making your business the best it can be. With tips and advice from experts both inside and outside the industry, you're sure to learn something that can help your fast lube business grow and prosper.
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