The nation’s Gross Domestic Product (GDP) came in Friday below expectations, but you might not know it if you read the headline of the Washington Post on Saturday.

Rather than lead with the GDP number, the Post ran the headline- Economy continues on path of growth and talked about how consumer spending is up even though the savings rate dipped.

As for the GDP number though, readers didn’t find out about it until the 14th paragraph in the jump, where the jump was -economic growth cools but was buoyed by an uptick in consumer spending.

So the economy is both on a path of growth and is cooling at the same time?

And why is the GDP number not mentioned until the 14th paragraph when it’s one of our most important economic indicators?

Perhaps it’s because the slowing of GDP below economists forecasts and that of the Obama administration is not good news for a president seeking re-election.

But the Post has too much journalistic integrity to try and bury the bad news to help Obama, so that couldn’t be the reason for the subterfuge.

The fact of the matter is that the economy is indeed slowing down and could possibly slip back into a another recession as Great Britain has just done.

Maybe the editors at the Post still have hope for Obama, but the rest of the country needs a change.

 

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