My father is a former economics major who spent 30 years as a mortgage banker before starting his own company (which does economical things so complex that to my simple mind, they might as well be magical). One of the things that constantly irks him is the loaded language that the nightly news uses to describe our economic situation: words like "crisis," "downturn," and, worst of all "recession."Now, anybody who has spent more than forty seconds online in the last six months can see that we are, more than likely, in the middle of a recession brought on by a downturn in the real estate market because of the current credit crisis. That said, I'd like to ask the question: would we be better off if TV simply lied to us about all of these things?
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