tag:blogger.com,1999:blog-8986985511709586690.post2097655472928580380..comments2023-03-31T02:40:36.739-07:00Comments on Mojourner Truth: NPR Edited my 15 Seconds of FameUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8986985511709586690.post-41056170245831203062013-03-08T15:47:38.934-08:002013-03-08T15:47:38.934-08:00Well, your ex brother-in-law heard it, and one of ...Well, your ex brother-in-law heard it, and one of my coworkers heard it - and I missed it! The link does work, though, so I'm getting the replay.DLMhttps://www.blogger.com/profile/08768285199864217885noreply@blogger.comtag:blogger.com,1999:blog-8986985511709586690.post-37163379277135325382013-03-07T22:56:40.044-08:002013-03-07T22:56:40.044-08:00The original text
Thank you, thank you, thank you!...The original text<br />Thank you, thank you, thank you! for Adam's doing the math and lamenting the media's ridiculous fixation on the Dow Jones Industrial Average. It has become a proxy for the economy's performance, but one which dissolves with critical examination. How many times has the Dow jumped on news of massive layoffs? (Plenty.) <br /><br />Unfortunately, your previous day's coverage of the record-that-is-not-a-record lacked this critical awareness. After an expert explained that companies removed during the Great Recession included AIG and GM, eliminated because they were "taken over by the government." Like it or not, the federal government is a major part of our economy, but the reporter did not question this statement's implicit assumption that the US economy is pure capitalism and the government an externality. (Nor was the expert's statement that Kraft had been replaced by United Health recognized as the market's acknowledging a progression from processed food to treatment of its after-effects.)<br />Anonymousnoreply@blogger.com