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comment by kleinbl00
kleinbl00  ·  1581 days ago  ·  link  ·    ·  parent  ·  post: Q2 GDP: US economy contracted by worst-ever 32.9%

I have been freshly appalled by the laziness and partisanship in economic reporting. it's one of those things where if you read five lines instead of four you get an entirely different headline so nobody reads the fifth line.





uhsguy  ·  1581 days ago  ·  link  ·  

Meh the financial media had always been bad it just wasn’t as obvious before. Confusing means with medians or using or using seasonaly adjusted numbers against corrected prior years all sorts of shenanigans that show up only if you know where to look. The difference now is that the people writing these articles have become even more blatant because you know math is hard.

kleinbl00  ·  1581 days ago  ·  link  ·  

    The difference now is that the people writing these articles have become even more blatant because you know math is hard.

100% this.

ButterflyEffect  ·  1581 days ago  ·  link  ·  

    Confusing means with medians

oooooh this is one that really gets me going and is rampant everywhere. what's the difference between mean / median / mode ???

Apparently nobody cares to actually apply that difference.