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 Post subject: Is that right.
PostPosted: Thu Jan 30, 2003 10:25 pm 
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Joined: Sun Apr 07, 2002 1:01 am
Posts: 8342
Location: Bethesda, Md.
The national economy came to a near-halt at the end of 2002 as wary consumers — worried about their jobs, investments and the prospect of war — slowed their spending. (Newsday)<p> WASHINGTON — The economy faltered in the final quarter of last year as consumers — nervous about a war with Iraq and their own job prospects and stock portfolios — turned cautious and increased their spending by the smallest amount in nearly a decade. (AP)<p>***I can't seem to find any evidence in support of the claim that "consumers" put off any purchases because of impending war. "Honey, let's wait a while on that new refrigerator till we see what that Saddam fellow does."
Maybe reservists, but they don't make "economic trends."***<p>[ January 30, 2003: Message edited by: blanp ]</p>


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 Post subject: Re: Is that right.
PostPosted: Sat Feb 01, 2003 2:29 am 
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Joined: Mon Apr 29, 2002 12:01 am
Posts: 76
Location: NJ
It's subtle -- though crappy journalism -- but if you look closely, each lede is structured in such a way that it doesn't actually claim cause and effect. (It's just strongly implied.)<p>But that just brings up point 2: So then, why bother telling us that consumers are nervous?<p>Point 3: The economy came to a near-halt? Because consumers spent only slightly more than they'd done before??


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