You might enjoy seeing how the New York Times spins an 8.9% unemployment rate as good news. “The Labor Department’s monthly snapshot of the job market presented the clearest evidence to date that the nation’s economic free fall appears to have been arrested. The acute shock that began last fall as the investment bank Lehman Brothers collapsed, followed by several other prominent institutions, appears to be relenting. Panic is no longer the dominant motif of American commercial life.”
Same with MSNBC: it is light poking through the clouds because things are getting worse at a slower rate.
Imagine the spin if anyone but Obama were in charge.
