Croker Sack

"Democracy is the theory that the common people know what they want, and deserve to get it good and hard." — Henry Louis Mencken (1880-1956)

Friday, January 30, 2009

Worst recession since when?

Some "news" reporters are already making (up) history by claiming that this recession is "the worst economic downturn since the Great Depression of the 1930s."

Note the dates in this Reuters report about the latest statistical data on the economy. See if any of them go back as far as 1942. (Hint: None go back that far.)

There's a difference between saying this is "the worst financial crisis since the Great Depression" and saying this is "the worst recession since the Great Depression."

Things are bad enough without false reports making it appear they are even worse. Surely even journalists have heard of these words: "The only thing we have to fear is fear itself."


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