Wow. Numbers shouldn't be reported because they're "tricky," "at the beginning of a trend," and there's "enormous dispute over how to count" them?
No such moral conundrum existed last month when media predicted a looming recession after the Labor Department announced a surprising decline in non-farm payrolls that ended up being revised up four weeks later to show an increase.
And, in the middle of a three and a half-year bull run in stocks, such "journalists" have no quandary predicting a bear market every time the Dow Jones Industrial Average falls a few hundred points.
Yet, when good news regarding military casualties comes from the Defense Department, these same people show uncharacteristic restraint in not wanting to report what could end up being an a anomaly.
Sunday, October 07, 2007