I like the use comparitive use of an economic boom period rather than averages.

Let's try that with the weather:

"it was 75 degrees today, which is still much colder than that day the sun exploded and it hit 250F in the noonday sun"

just goes to show that stats can be manipulated any way you want.
Greg | 04.20.07 - 12:58 pm | #

That is a great example of stupid business reporting and trying to spin a story in a way that flies into the face of the facts.

A 3.6% unemployment rate is insanely low, so even if MD lost jobs it would still be doing very well.

Business reporters (outside of WSJ) are usually on that beat because no one else wants it and they are either bad reporters or just starting out. In the latter case, they often try to make a liberal sob story out of good news, when they are not painting every CEO as a criminal. Nice post.
Leonardo | 04.20.07 - 10:54 pm | #