Gary Wolfram

Media Divide Wall Street and 'Main Street'

By Jeff Poor | April 3, 2008 - 15:22

As economic issues move to the front of the on-going presidential campaign, the mainstream media have given an increased amount of coverage to what is happening on Wall Street. However, they have portrayed Wall Street as something completely alien to what happens on "Main Street."

"Now to Wall Street, which, as you know, doesn't always like what Main Street likes, and by the end of the trading day, it was up," NBC "Nightly News" anchor Brian Williams said on Oct. 31, 2007.

But something positive on Wall Street and something positive for Main Street are not mutually exclusive.