Journalists differ over end of recession
Julia Seymour of the Business & Media Institute writes that Newsweek, ABC and other media have claimed that the recession is over, while others disagree.
Seymour writes, “CNBCâ€™s Jim Cramer, BusinessWeek economics editor Peter Coy and even left-wing economist Dean Baker disagreed that the recession is over.
“Cramer told MSNBCâ€™s Donnie Deutsch on July 27 that ‘this is way too premature’ and that Newsweek was six months early.
“Baker had even choicer words on Politicoâ€™s Arena, saying that ‘only economists and Washington pundits are going to be blathering about a recovery.'”
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