The Media’s Top 10 Economic Myths of 2007

Jonathan Garthwaite
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Posted: Dec 14, 2007 1:00 PM

The Business & Media Institute has released the 2007 version of their annual "Media’s Top 10 Economic Myths"

10. Airlines are solely to blame for the unfriendly skies.
Media myth: Blame the airlines for all those flight delays; never mind the obsolete government-run agency creating the gridlock.

9. Consumer spending is the be-all, end-all of the economy.
Media myth: Without excessive consumer spending – especially at Christmastime – the U.S. economy will collapse.

and eight more...