I normally don't mind that most news stories are bad news. After all, the different, the unusual, that which makes "news" should be bad; good should be so common that it doesn't make headlines.
However, I'm beginning to suspect that some folks actually enjoy reporting bad news, as stories that have both good and bad sides always seem to be reported in the negative. Take the latest housing "crisis." Yes, I know, people who should have known better, and bankers who did know better, behaved stupidly and even wickedly, which led to the sub-prime mortgage crisis and I understand how that's a problem for a lot more people and businesses than those directly involved.
I certainly sympathize with those who are trying to sell their houses and find that prices have fallen and they have to sell for less than they could have received a year ago—maybe even less than they paid. But this is not news. There have always been "buyer's markets" and "seller's markets," and I grew up knowing that one is more likely to be on the wrong end of the swing. Yet now the headlines scream disaster because housing prices keep falling.
Sure, this is bad news to some. But a few years ago the headlines cried woe and doom because housing prices kept rising, squeezing people—especially first-time home buyers—out of the market. We certainly felt that way when we looked at buying a house in the Boston area.
If it must always be bad news, if the country is headed toward disaster when housing prices rise, and again when they fall, I'm likely to cry, "A plague on both your houses!" and toss the paper over in favor of my World of Puzzles magazine.Permalink
Category Politics Random Musings


