The U.S. Commerce Department's Bureau of Economic Analysis revised the numbers downward from prior estimates to show the nation’s GDP contracted at an annual rate of negative 1 percent. It was the first negative quarter since 2011, and one more three-month stretch in the red would put the U.S. is back in recession. But nightly newscasts sought to present the data as a blip, blaming it on the weather — if they mentioned it at all.
http://www.foxnews.com/us/2014/05/30/media-outlets-work-overtime-to-spin-bad-economic-data/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment