Making sense of the economic crisis is not difficult.
Fault lies with the businesses that continued broken, outdated policies and those that took advantage of consumers for a temporary gain, without heeding future consequences. Lack of credit is a huge consequence, and it led to a lack of finances, which led to less purchasing power and a falling stock market and widespread panic.
And look to the “big three.” Why weren’t they making enough money to provide for themselves? People didn’t want their products. They didn’t keep up with the innovation and new technology that international automakers offered.
The media allowed itself to fall into the same pit. Innovation and new technology? Got it. But is it what consumers want? Why aren’t we asking them? The consumers are not the journalists, not the newspapers, not the atypical social media literate individuals. The consumers are everyone, everywhere, who are subjected to media as …Read More