People prefer good news over bad news.
That bias is the theme of Jeremy Grantham's new quarterly message to GMO's clients.…
To illustrate how this bias pervades society, Grantham identified 12 ways the US is thought to be a global leader. And in his charting, he reveals how the facts tell a different, more depressing story.
"It is my attempt to bring home how extreme is our preference for good news over accurate news," he said.
We grabbed his charts to give you a quick summary of what he's talking about.…Business Insider
ht Kevin Fathi
5 comments:
Working and middle class America is in a bad way, and neither the Democrats or the Republicans are going to do a damn thing about it. Ominous times.
Yet the illegal aliens keep wanting to come here...
Interplanetary and exoplanetary beings with criminal records want to come to America?
That's what you get when you allow American TV broadcasts to leak into outer space.
Its still better than the turd world hell holes they are escaping from....
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