Carol Platt Liebau: Whose Fault Is It?

Thursday, October 18, 2007

Whose Fault Is It?

This CNN story reports that lots of Americans think we're in a recession.

Since a recession is two quarters of negative growth, the fact is that we're not in a recession (although there is the chance that we will be). But note that the linked story doesn't explain that -- it merely tells us how lots of people feel.

Could that omission on the part of the media explain why so many people "feel" the way they do?


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