Two of the nation's leading papers just proved that the so-called mainstream media is hardly the monolith which critics are fond of alleging.
From The New York Times Wednesday afternoon:
From The New York Times Wednesday afternoon:
Fed Expects Unemployment Rate to Stay High:
The Fed painted a grim view for the economy: Unemployment will stay elevated for years, after ending 2020 at 9.3 percent.From The Washington Post, same time frame:
Federal Reserve predicts unemployment will fall to 9.3 percent by end of 2020
Federal Reserve leaders predict the U.S. unemployment will fall to 9.3 percent by the end of this year and 6.5 percent by the end of 2021, signaling confidence the economy will begin to recover in coming months from the stunning recession caused by the coronavirus outbreak.(I know the Post has moved, but this is where my Dad worked for decades as a business and finance journalist, so to me, this is still the Post.)
