Live data from Hacker News

Nine States Face Economic Contraction, Most Since 2009 Crisis

bloomberg.com

21–30 of 108 posts

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

#21
post #9

Earlier quoted context omitted.

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

A lot of economic forecasts are produced each day. Bloomberg chose to highlight these.

It’s not on the front page of their website.

Bloomberg is a financial news source geared at US finance professionals anything the fed says is a story for them.

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

#22

Earlier quoted context omitted.

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 form…

Here are other, much more nuanced analyses of this decision: * Factual summary: https://www.npr.org/2019/11/25/782732936/bloomberg-news-says... * Opinionated: https://thehill.com/opinion/campaign/473542-bloomberg-report... , https://www.cjr.org/the_media_today/michael_bloomberg_news_p... (Daily Mail is widely considered a poor source, and while they do report some actual news, their analysis of anything is not worth…

Do you offer biased positions with the intent of provoking a "flamewar" and thus getting articles and dicussions that you do not like flagged?

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

#23

If this is true/accurate, and for the reasons others note, we’re right to be skeptical, what makes it BS in my mind is the effort to suggest that it’s indicative of a systemic issue. It may well be that is the precursor to a nationwide contract. But looking at the list of states, this also looks like a simple continuation of the ongoing shifting in populations to larger, urban economic cores. The only one that surpri…

I would consider population loss and unfunded pension, retiree healthcare, and infrastructure debt to be a “systemic” issue.

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

#24

Earlier quoted context omitted.

Here are other, much more nuanced analyses of this decision: * Factual summary: https://www.npr.org/2019/11/25/782732936/bloomberg-news-says... * Opinionated: https://thehill.com/opinion/campaign/473542-bloomberg-report... , https://www.cjr.org/the_media_today/michael_bloomberg_news_p... (Daily Mail is widely considered a poor source, and while they do report some actual news, their analysis of anything is not worth…

Do you offer biased positions with the intent of provoking a "flamewar" and thus getting articles and dicussions that you do not like flagged?

No. I didn't offer a biased position, or any position. I linked to 3 other sources with summaries of where they fall between purely factual reporting and opinion. The 2 opinions - which don't agree with one another - are from experts on journalism and have been widely cited by other sources.

Since you're new here, https://news.ycombinator.com/newsguidelines.html may be worth skimming, particularly "Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith."

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

#25
post #19

Earlier quoted context omitted.

A lot of economic forecasts are produced each day. Bloomberg chose to highlight these.

Choose to highlight? This article isn't even in the homepage. In fact I couldn't even see it in the Economics section. Are you sure it isn't your confirmation bias? Bloomberg cover everything about market and economy. They churn out news round the clock.

Of course it's not on the homepage now. It's from 4 days ago.

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

#26
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 form…

Interesting that Bloomberg is missing from his own billionaire index list: https://www.bloomberg.com/billionaires/

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

#27

Earlier quoted context omitted.

Do you offer biased positions with the intent of provoking a "flamewar" and thus getting articles and dicussions that you do not like flagged?

No. I didn't offer a biased position, or any position. I linked to 3 other sources with summaries of where they fall between purely factual reporting and opinion. The 2 opinions - which don't agree with one another - are from experts on journalism and have been widely cited by other sources. Since you're new here, https://news.ycombinator.com/newsguidelines.html may be worth skimming, particularly "Please respond to…

And yet you have not linked to the mediabiasfact site's profile of the sources you provided...That is an example of bias. Are you going to answer my question?

Ps. This is a new account. I've been here 11 years and I have noticed those that cite the guidelines are often trying to hide behind them. Also, your own positions are depending upon assuming bad faith.

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

#28
post #13

Earlier quoted context omitted.

> Why is this being downvoted? So was the other comment by the same user. They're being downvoted because they're critical of a Democratic presidential candidate.

At least in my case, I downvoted it because it cited Daily Mail as a reliable source. https://en.wikipedia.org/wiki/Daily_Mail and https://mediabiasfactcheck.com/daily-mail/ have more, but basically, it’s a tabloid. Their assessment of the decision is incomplete, probably because reporting is not how they differentiate. Here’s a few other entities' explanations of Bloomberg’s decision: https://www.npr.org/2019/11/25/…

Did you downvote the wrong comment? It was a different comment by the same author, with the same unique format, that cited the Daily Mail.

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

#30
post #13

Earlier quoted context omitted.

> Why is this being downvoted? So was the other comment by the same user. They're being downvoted because they're critical of a Democratic presidential candidate.

At least in my case, I downvoted it because it cited Daily Mail as a reliable source. https://en.wikipedia.org/wiki/Daily_Mail and https://mediabiasfactcheck.com/daily-mail/ have more, but basically, it’s a tabloid. Their assessment of the decision is incomplete, probably because reporting is not how they differentiate. Here’s a few other entities' explanations of Bloomberg’s decision: https://www.npr.org/2019/11/25/…

Of the four sources posted, only the Mail did the work of getting quotes from Bloomberg reporters. That alone gives it more credibility on this story. The other sources have to editorialize, because they don’t contain original reporting. (NPR features some hot takes from uninvolved parties, which is what reporters do when they can’t get a direct quote.) The Daily Mail has the best reporting on this story.
Post reply on HN