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Nine States Face Economic Contraction, Most Since 2009 Crisis

bloomberg.com

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Re: Nine States Face Economic Contraction, Most Since 2009 Crisis

#3

Bloomberg sure is working hard to talk down the economy. Throughout 2019 they were talking about recession. https://duckduckgo.com/?q=bloomberg+recession+2019&t=ffab&at...

Are you insinuating that Bloomberg is being nefarious by doing so?

As long as the data backs it up I don’t see a problem with it being reported on.

Re: Nine States Face Economic Contraction, Most Since 2009 Crisis

#4

Bloomberg sure is working hard to talk down the economy. Throughout 2019 they were talking about recession. https://duckduckgo.com/?q=bloomberg+recession+2019&t=ffab&at...

Are you insinuating that Bloomberg is being nefarious by doing so? As long as the data backs it up I don’t see a problem with it being reported on.

A selective reading of the data can be made to support almost any conclusion, and I think Bloomberg has a rather obvious bias. As TFA says: "A faltering economic outlook in coming months would likely cast a shadow over President Donald Trump’s re-election bid."

And even if there wasn't an election going on, we should consider a source's track record when evaluating their latest predictions. Bloomberg Media is the boy who cried "recession".

Re: Nine States Face Economic Contraction, Most Since 2009 Crisis

#5

Bloomberg sure is working hard to talk down the economy. Throughout 2019 they were talking about recession. https://duckduckgo.com/?q=bloomberg+recession+2019&t=ffab&at...

> Bloomberg sure is working hard to talk down the economy

It’s a finance publication. Its bread is buttered by people paranoid about missing the next big thing, whether that be an unexpected winner or unexpected pullback.

Re: Nine States Face Economic Contraction, Most Since 2009 Crisis

#7
post #6

Now that Michael Bloomberg is running for president, I can't help but question if there is an ulterior motive behind each article at Bloomberg.com

Honestly, I assume all media outlets have ulterior motives behind each article (ranging from the simple "catering to their specific audience with facts supporting their view" to more nefarious "willfully manipulating the people with falsehoods").

Re: Nine States Face Economic Contraction, Most Since 2009 Crisis

#8
post #6

Now that Michael Bloomberg is running for president, I can't help but question if there is an ulterior motive behind each article at Bloomberg.com

   Billionaire presidential candidate Mike Bloomberg is
   refusing to buckle under pressure and change the 
   rules of engagement for his news outlet's political
   reporters—who are forbidden from investigating him
   or any other Democratic White House hopeful.

   Bloomberg News journalists will 'just have to learn
   to live with some things,' he told CBS News in an 
   interview that aired Friday morning.

   'They get a paycheck,' the former New York City mayor 
   lectured, 'but with your paycheck comes some restrictions
   and responsibilities.'[1]

[1]

'With your paycheck comes some restrictions': Mike Bloomberg doubles down on censoring his journalists from investigating non-Trump candidates

https://www.dailymail.co.uk/news/article-7765273/Mike-Bloomb...

Re: Nine States Face Economic Contraction, Most Since 2009 Crisis

#9

Bloomberg sure is working hard to talk down the economy. Throughout 2019 they were talking about recession. https://duckduckgo.com/?q=bloomberg+recession+2019&t=ffab&at...

But the numbers are produced by the Federal Reserve Bank of Philadelphia, according to the article.

Re: Nine States Face Economic Contraction, Most Since 2009 Crisis

#10

Bloomberg sure is working hard to talk down the economy. Throughout 2019 they were talking about recession. https://duckduckgo.com/?q=bloomberg+recession+2019&t=ffab&at...

He's been doing this since atleast 2016. I wouldn't rule out he having sights on a presidential run since atleast then. He did form an exploratory committee once before and abandoned the run when it showed he didnt have enough support.[1] [2]

   Stocks keep climbing and climbing, but Michael
   Bloomberg isn't sure why.
   "I cannot for the life of me understand why the market 
    keeps going up," the former New York City mayor
    said Tuesday in an interview with CBS News' Anthony 
    Mason.

   "Our economy has some real challenges," he continued.
   "The infrastructure's falling apart. We're destroying jobs
    with technology. We are keeping the best and the 
    brightest from around the world from coming to America
    to create new jobs and create new businesses.

   "All of those things would give you pause to worry
    about the future."[3]

[1]

Former New York mayor Bloomberg mulls presidential run on heels of Trump surge

https://www.theguardian.com/us-news/2016/jan/23/michael-bloo...

[2]

Former New York City Mayor Michael Bloomberg Will Not Run for President

https://time.com/4250295/michael-bloomberg-president-trump-c...

[3]

BLOOMBERG: 'I cannot for the life of me understand why the market keeps going up'

https://www.businessinsider.com/stock-market-news-michael-bl...

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