Michael Barone on how the media keep reporting that lousy economic news
is always "unexpected:"
It's obviously going to be hard to achieve the unacknowledged goal of many mainstream journalists -- the president's re-election -- if the economic slump continues. So they characterize economic setbacks as unexpected, with the implication that there's still every reason to believe that, in Herbert Hoover's phrase, prosperity is just around the corner.
And here is a cartoon that appeared in The New Yorker in 1935. Amazing how up to date it is:
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