Home Front

A blog about the economy and the Sacramento-area real estate market.

February 2, 2009
Why we write 'em

   Got some feedback from readers about my story in Saturday's paper. I wrote about the big drop in fourth-quarter gross domestic output and quoted some economists talking about the increasing likelihood that the recovery won't begin until 2010 (instead of late 2009 as previously forecast).

   I was struck by the number of people who complained about us piling on the bad news. I certainly understand your criticism: Spreading doom and gloom just makes things worse because it will frighten people and businesses into hunkering down instead of spending or investing. That's a valid statement, and it's no doubt true to a certain extent.

   But that doesn't mean we can ignore the bad news. Or try to put a positive shine on it. This is what we're here for - to present the hard truth (as best and as honestly as we can) even if it makes folks uncomfortable at times.

    Some of you will probably find that defense self-serving or self-righteous. But that's how I feel about things.

    Again, thanks as always for your comments, whether they're sent directly to me, posted here or posted at the bottom of individual stories.

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