Spin the economic news

Caroline Baum at Bloomberg.com

Baum has looked at the economic jobs report that came out last week and the spin certain think tanks are putting on the numbers. While economic data is always subject to interpretation, it is a good idea to keep in mind what view point the interpreter of the data as they could either say everything is going great or even with these numbers everything is going poorly.

The truth, as usual, is somewhere in the middle.