ABC’s Dan Harris is fixated on “a little something called pessimism porn.” According to Harris it’s “a term coined by the good folks over at New York Magazine and it refers to the fact that there are a lot of people who’ve become addicted to reading apocalyptic news about the economy online.”
On the other side of the equation, we’ve got folks like Enterra Solutions’ Thomas Barnett who isn’t buying into all the apocalyptic economic reports:
I made a decision a long time ago not to make my career a bet on bad things happening. I think that approach simply corrodes your strategic thought capacity. Human history is progress, so if you’re constantly having to screen out the good to spot the bad, your vision will be unduly narrow. If you bet on progress, you can easily contextualize the bad, because progress is never linear. But if you bet on retreat, you must consistently discount advances as “illusions” and “buying time” and so on, and after a while, you’re just this broken clock who’s dead-on twice a day.
Barnell maintains that “pessimism porn” dulls the “strategic brain” and that, like actual porn, it “narrows the intake capacity. After a while, you’re simply blind from all that self-pleasuring.” (I’m presuming he means “blind” in the figurative sense there…)