Tuesday, February 5, 2008

Recession in Journalistic Honesty

A couple days ago I wrote that people seemed to be jumping the gun in declaring a U.S. recession. Today BC Local news wrote this:

"Although market participants are now a bit more optimistic that the U.S. will come out of the current recession in fairly short order – maybe as short as three to six months – the damage currently being done will have widespread impacts on the U.S."

Current Recession? It is true the U.S. MIGHT be in a recession, but that is speculative and we have no data to support it. Try imagining a world where journalists are allowed to report any uncertainties as facts...pretty scary. We shouldn't let something like this go.

No comments: