April 16, 2007

The AP’s Monthly Mantra: Bad Economy Coming

Here’s the latest in a long line of Associated Press reports (”Retail Sales for March Rosy, Even as Outlook Cloudy”) whose message is: “Today’s news is good, but tomorrow’s probably won’t be, so don’t you DARE feel good about the economy.”

It seems like a negative version of the “Free Beer Tomorrow” signs you see in some bars. The AP should just headline all their reports “Bad Economy Coming Next Month — Trust Us.”

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UPDATE, 9:20 AM: The AP report linked above was done ahead of the actual release of results. Here’s their missive today on the Commerce Department’s report. The “trouble is just around the bend” song is the same.

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