Sunday, October 14, 2007

YAECS (Yet Another Economic Coverage Shocka) -- NYeT!

clipped from www.bizzyblog.com

The U.S. budget deficit fell to the lowest level in five years last week, but three of America’s leading newspapers — the New York Times, Washington Post and Los Angeles Times — couldn’t find the space to mention the dramatic drop.

Does anyone seriously believe that the news would have been almost completely ignored if the deficit had instead gone up?

Because the “newspapers of record” won’t cover it, yours truly will. Rather than provide 2,000 words, I’ll provide two pictures, which are worth 1,000 each (:–>):

FederalReceipts2003thru2007
DeficitReduction2003thru2007