Saturday, September 24, 2011
Article of the Week 9/26: Economic News Cycle
This weeks visual is a political cartoon is from Joe Heller of the Green Bay Press-Gazette. The cartoon depicts an average looking man, probably American, watching a news channel that discusses the new piece of bad news that arises each day. It is satirical because at the end of the week the TV says, "So the week ends with nothing but bad news. Coming Monday, how will the market react?" This pokes fun at the economic news because it is the same news that happens for an extended period of time. The purpose he was trying to convey was that the economy has been in a cycle where, companies do poorly on the market, the have to employees, the government then spends money on the newly unemployed, and the debt continues to rise, thus leading back to a declining market. He is speaking to all Americans in the government, business, and the public, he tells them that everything wrong is a cause-and-effect and that it will continue to get worse until we hit bottom or try and fix one the failing areas. He uses repetition to show that each day a new piece of bad information is brought up. The man in his drawing also shows the same depressed look while watching the news. He also uses cause and effect by referring back to the previous day's news. I think he accomplished his purpose because he was able to show a link between all of the days and creating a cycle.
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