08 July 2006

That Explains It

This chart might explain why NYT financial reporting is consistently more pessimistic than many other sources (at least, mysteriously enough, since Pres. Bush has been in office).

It's not that they hate the Bush Administration (or more likely, it's not only that they hate Boooosh), It's that their reporters invested their 401k contributions to their own stock (doh!).

Meanwhile, others seem to find that the economic glass is better than half full, it's at least two thirds full.

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