On Thurday, the government, apparently as determined as the press to create good news where there is none, opened its March report on Personal Income and Outlays as follows: "Personal income increased $6.2 billion, or less than 0.1 percent." Yeah, it was so much less than 0.1 percent that it rounded down to 0.0 percent in current dollars in the table which followed. In real terms, i.e., after adjusting for inflation, personal income fell by 0.2 percent.
Naturally, the Associated Press, aka the Administration's Press, joined in on the spin. Excited over the fact that spending rose by 0.4 percent (0.3 percent in real terms) despite the income decline, AP's headline writers went all-in: "SPRING AWAKENING: US CONSUMER SPENDING ROSE IN MARCH." Martin Crutsinger's coverage was also predictably rosy, and of course played the weather card: