visiting my 401k losses

visiting my 401k losses (Photo credit: Wikipedia)

I’ve noticed recently that the media are casting economic events in how they affect the average 401K. Who has an average 401K? Most people will have one larger or smaller than the average. What really bothers me though is that it is just a number that reflects the ups and downs of the Dow Jones average. The media are taking the easy way out. Can they not explain economic events in more detail so that the viewer and voter have a better grasp of events? It seems not.