Blog on the Run: Reloaded

Thursday, January 16, 2014 7:18 pm

You keep using that word. It does not mean what you think it means.


And speaking of invaluable economist Dean Baker, he schools NPR, not that they’ll pay any attention:

This adjective [“enormous” — Lex] appeared in a top of the hour news piece (sorry, no link [this NPR blog post uses the adjective “massive” — Lex] referring to the spending bill approved by Congress on Wednesday evening. It would be interesting to know how it made this assessment. While the government spends more money each year than any of its listeners will see in their lifetime, it spends less relative to the size of its economy than almost any other wealthy country. It is also spending less relative to the size of the economy than it did in the years 2009-2012. The domestic discretionary portion of the budget, which was close to half of the spending bill, is smaller relative to the size of the economy than it has been in decades.

It’s a simple point, but one journalists at even the biggest outlets in the business can’t seem to learn: a number is meaningless — or, worse, misleading — absent context. I bolded the last part because although I want to shout this in all upper-case letters, I have chosen merely to emphasize it instead.

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