Wednesday, January 21, 2009

A vicious circle

The British Broadcasting Corporation in its role as the UK’s public service broadcaster has a responsibility to the licence paying public to report both domestic and international news in an unbiased and accurate manner.


The current crisis within the world economy dominates the news output on both BBC Radio and television, none more so than on its speech based 24 hour station Radio Five Live.


I don’t suppose the UK is alone in witnessing the tragic loss of famous names in our high streets and malls. Stores like Woolworths which had served generations of families for 99 years.


So what has this to do with the ‘Beeb’? I suggest quite a lot as the broadcaster has to tread a fine line between keeping its audience informed and scaremongering.


Daily we are told of the rising unemployment total, and the latest companies to close or reduce their workforce. So called experts are paraded before us to hand out dire warnings of worse to come.


So what happens? We are scared into putting off that major purchase. We economise and save rather than spend. I know, I‘m doing it myself.


Shop takings fall, their bankers are unwilling to help as they are seen as a bad risk and as a result they go out of business. There follows a knock-on effect as manufacturers and suppliers lose their markets. It’s a vicious circle.






No-one suggests that national broadcasters should withhold information, or select what they tell or don’t tell us. History is littered with the casualties of such policies. They must however be ever aware of the influence they have over the way we act and react.






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6 comments:

  1. the media is a scary thing. the power they have over the masses is actually quite scary.

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  2. Hi there!

    please feel free to join in True Colours Thursdays - just comment again when you've posted, and say on which blog.

    Best wishes
    Blue

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  3. We have nothing like fair and unbiased reporting anywhere in this country except on NPR (which is why I listen to the BBC), but the effect seems to be the same.

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  4. Yes the media has a big impact and I think it is never unbiased completely . They are the ones who select what's on not we.
    I think things go wrong anyway because the economy is so mucked up because people overspend to much for years.

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  5. Change is hard. I know people who have little money tend to hold on to it because of things like this. Scary stuff

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  6. It is scary. We should of course be informed but do not listen to negative new for a long time. Give ourselves a break. Somehow motivate ourself. A guys recently said this in order to keep oneself going " The world is in recession but I am not participating in it."

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