Monday, August 16, 2010

There was a time....

(Uncertainty creates level of inactivity, Jeannine Aversa, AP via ChronBlog)
The Federal Reserve has little power left to lift the economy out of its rut. Congress, with an election looming, has no appetite for more stimulus. Shoppers are reluctant to spend, and businesses are slow to hire.

Let’s face it: There is no easy or imminent fix for the flagging recovery.

That an opinionated lede* such as this would immediately shuttle a piece to the opinion pages. At least it would mean a trip back to a copy editor for re-write. That it's been presented as "news" tells you much of what's wrong with the newspaper industry today, how far they've fallen, and why other news sources (ones that are up-front about their bias) are garnering a larger share of the news consuming public.

*Regardless of whether or not the opinion's valid, which this one is, it's still the writers opinion as to why these things are happening.

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