Economic Irony
Update, Someone At Reuters Cares
Wednesday, February 27th, 2008

Yesterday we published this blog entry on the media warning of
recession fears. The "Economic Irony Of The Day"
entry of mine was my public venting on the role the media may play in
contributing to fears of an economic crisis in the U.S. Today I was
contacted by Joanne Morrison, the Reuters writer
whose article I commented on, which was on Reuter's front page
yesterday.
With her permission, I'd like to share her response
because I find her to be a fair and true journalist, and perhaps I was
overzealous with the accusation yesterday - as mentioned, it was not
intended to blame Joanne or Reuters specifically, just to point
out that more optimism may be needed throughout our media, on this sore
subject, to prevent further damage.
However, as Joanne accurately
points out, she can't understate the facts, either.
"Points well taken on your comments about my
story," Joanne wrote ConnieTalk.com. "My intent was to write about
the very issue you say my story does and not actually add to the
frenzy. That being said--the type of growth that we saw in the final
3 months of 2007 was a screech to a halt--that was meant to be factual
really--because growth of just 0.6 pct is nearly screeching to a
halt--anything below 2.5 pct is generally considered subpar
growth.
"My intent was not to be overly dramatic and actually
properly characterize certain things--While there is an interest to not
over-state and be dramatic in describing thing, I can't understate stuff
either.
"But even so, I did appreciate your comments. And I
think you make valid points. Thanks for reading my story and I like
your blog...It's interesting because my story was actually attempting to
address that self-fulfilling prophecy issue.
"I don't always write
with the current - but I thought it was interesting the comparison of hits
for Britney Spears vs. recession--it is being covered quite a bit...in a
way it could very well be a perfect storm."
Well, there is nothing
I love more than a reporter who doesn't always write with the
current! Not to mention, I've expressed quite a bit of frustration
with the Britney Spears news myself. Joanne's response just goes to
show that there are those in the business of news that truly do care
about the reception of their writing, and go out of their way to
explain the root of their intention(s).
We didn't contact Joanne -
she e-mailed us. Because she cared.
Thanks,
Joanne!