Saturday, June 11, 2011

Disasters are Good for the Economy?!

I was perusing the St. Louis Post-Dispatch from this past Thursday (June 9, 2011). In the middle of the news section I saw an article from AP with this headline:

"Joplin tornado heats up slow housing market".

The gist of the article is that almost all of the homes that were sale before the tornado hit and that are still standing after the tornado have all been sold. Also, the need for new homes has increased drastically.

Really? This counts as news now. Not only that but the underlying message seems to be that disasters are good for the economy. That makes absolutely no sense whatsoever. Not only is it bad journalism, but it's stupid, too.

No comments: