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The Real Crisis is the Media Crisis

Posted by Chad Bordeaux
Wednesday, December 10th, 2008

I just read a great post on the Trump Blog by Brett Carman on how the media is exploiting everything into a Crisis and always reporting the negative about everything – thus making the Crisis worse and driving the economy into the ground.

What once was a real estate downturn that was really only a crisis in a few select markets around the country, the media hyped it until it was a national epidemic. The same with the mortgage crisis, the jobs crisis, the health care crisis, the energy crisis, global warming crisis, the Y2K crisis (remember that one!), or the movie popcorn is too fatening crisis.

The people who remain positive,do not panic and who continue to make smart business decisions based on the facts of the situation – not on media hype – will be the businesses on top when this “crisis” is over. Of course, according to the media, it may never be over.

Chad is a Charlotte CPA who works with small business owners and invidiuals on a monthly basis to provide them with proactive guidance and advice on how to grow their business, minimize their tax liabilities and grow their bottom line. You can find our more about Chad by visiting his profile here: Chad Bordeaux

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