Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (44739)	1/15/2004 6:43:27 AM
From: macavity	Read Replies (1) of 74559

The best ones are food scares and stuff. The point is that most scientific/mathematical statements have qualifications much longer than the actual statement itself. Take for example the statement "Increases your risk of breast cancer by 50%!" This is a typical and meaningless statement (without the qulaifications and caveats). Suddenly you will get everyone rushing into, or away from, some drug or food. This is the reporting of scientific facts, which one could report accurately. Imagine what they do with something more ambiguous like the economy, or politics. The catch is the public may not be able/willing to read this so a catchy headline will do. People are unprepared for cold hard facts and analysis. Hell, they probably just want to be duped. -macavity

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