Here is the full text of, and response to, a question directed to Jeannine Aversa, AP Economics Writer, Washington, in an "Ask AP" item four days ago (second question-answer segment at link; bolds are mine):
Why is it important whether we are or are not in a "recession"? I have read a technical definition of the word, and I have seen and heard many news reports in which economists and government officials opine on whether we are or are not in a recession. What is resting on that determination?
Ed Hein -- Juneau, Alaska
(Aversa's response begins after the break)
Story Continues Below Ad ↓The determination of a recession — usually made well after the fact — can be thought of as an economic, political and historical yardstick. It is used to judge how policymakers — in the White House, at the Federal Reserve, on Capitol Hill and elsewhere — handled the economy and its problems on their watch. It also represents a lasting page in the country's economic history.
The end of a recession, meanwhile, signals the start of an economic recovery, which also can have implications for decisions made by policymakers, businesses, jobseekers and others.
Jeannine Aversa -- AP Economics Writer, Washington
But on April 5, Jeannine Aversa, AP Economics Writer, Washington, wrote this:
It's no longer a question of recession or not. Now it's how deep and how long.
Thus, two months before she wrote her "Ask AP" answer, Jeannine Aversa, AP Economics Writer, Washington, declared that the country was currently in a recession.
The April 5 recession determination by Jeannine Aversa, AP Economics Writer, Washington, was made not "well after the fact," but that day, even though at that point there was no published evidence of nationwide negative economic growth. There has been no subsequent published evidence of nationwide negative economic growth.
Thus, there's a pretty good chance that Jeannine Aversa, AP Economics Writer, Washington, was not only premature in her determination that the country was currently in a recession, but also was, and still is, incorrect.
Note that Jeannine Avera, AP Economics Writer, Washington, also informed her questioner that a recession determination "is used to judge how policymakers — in the White House, at the Federal Reserve, on Capitol Hill and elsewhere — handled the economy and its problems on their watch."
Does Jeannine Aversa, AP Economics Writer, Washington, believe she is entitled to prematurely "judge how policymakers — in the White House, at the Federal Reserve, on Capitol Hill and elsewhere — handled the economy and its problems on their watch"?
If so, who put Jeannine Aversa, AP Economics Writer, Washington in charge of making that judgment?
Cross-posted at BizzyBlog.com.
—Tom Blumer is president of a training and development company in Mason, Ohio, and is a contributing editor to NewsBusters




















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Comments Policy
Jeannine Aversa and Recession
June 11, 2008 - 06:32 ET by allanfRecession: A word used to describe the year preceeding a presidential election when the incumbent president is a Republican.
It might as well be from Jeannine Aversa
Its an election year so it should be obvious
June 11, 2008 - 06:46 ET by expatriotJeannine is only doing her duly appointed job as an interested reporter who has a vested interest on who wins in the November elections. As long as the reporting makes the Republicans look bad she is doing a good job.
funny how the answer can change...
June 11, 2008 - 07:03 ET by danhatKnowing it to be false, the writer claimed, apparently in an article,
that we were in a recession. However, when asked the question by an
individual, gave a much clearer and accurate description. My theory:
the first article is to a generic crowd that that they do not have to answer
to so their answer can be whatever they want it to be. The other
answer had to be directed to an individual; someone who would be able
to ask follow up questions, question the answer, or have any number of
differing ways to respond; All of which the person answering must
account to.
So: Answer an individual and you have to be honest, at least to a
certain extent because they can/should/will/might hold you accountable
Answer to a generic crowd and you can say whatever you want
because the crowd will not hold you accountable because, most likely,
there will be no consensus with the crowd. Some in the crowd will
always defend your statements for you, thus you never have to defend
your words yourself.
How convenient
Just an observation
Dear Libs,
Normally I don't root for the disease. But in your case I am willing to make and exception.
Anytime you hear phrases
June 11, 2008 - 07:35 ET by Ruths husband BenAnytime you hear phrases like:
"It's no longer a question..."
"The debate is over..."
it is a pretty good sign that you are about to be lied to.
"Whatever Michelle Says Is The Message." –
Senator Barack Obama October 1, 2007, Chicago HQ
"What is resting on that
June 11, 2008 - 07:36 ET by rimsky"What is resting on that determination?"
IMO, Mr. Hein's question implies that the tracking of the economy, in terms of growth, inflation, stagnation.. whatever.. is overdone, and of course, it is. And IMO, I think Aversa's answer exposes what is wrong with the thinking of the economy watchers (writers like Aversa, and certainly Congress, D's & R's) in Washington today, in that they beleive it is their responsibility to "manage" the economy, or to "judge how policymakers" have managed the economy. They want policymakers to.. make policy. To bandaid whatever they perceive to be wrong, or to guard against perceived threats to economic prosperity.. no, no.. I mean to guard against unfairness in the distribution of economic prosperity.
Imagine.. where would we be right now without all the over hyped indicators driving economic decisions. What if we only had those indicators that the private sector deemed useful and efficient in monitoring their business contracts and activity?
If so, who put Jeannine
June 11, 2008 - 07:42 ET by general companyIf so, who put Jeannine Aversa, AP Economics Writer, Washington in charge of making that judgment?
Her press credentials give her the right to make that judgment,,,,,,geez
"Television is a freak show" Bernie Goldberg
Using their fuzzy math, if
June 11, 2008 - 07:44 ET by Hero SquadUsing their fuzzy math, if I've been getting a 3 percent salary raise every year, and this year I only get a 1 percent raise, I can assert that my company has actually docked my pay.
*****
"People only insist that a debate stop when they are afraid of what might be learned if it continues." - George Will
The last recession
June 11, 2008 - 07:44 ET by KC BeachI know it runs counter to conventional wisdom, but if memory serves the last recession the USA went through was in the final months of Clinton's second term. This was a real textbook recession of negative growth for three straight months. Why doesn't Jeannine use this example when explaining a recession?
Excellent point KC
June 11, 2008 - 07:56 ET by Dee BunkThey don't mention that now and they never have and probably never will
What she meant
June 11, 2008 - 08:33 ET by nkviking75Why is it important whether we are or are not in a "recession"? I have read a technical definition of the word, and I have seen and heard many news reports in which economists and government officials opine on whether we are or are not in a recession. What is resting on that determination?
Ed Hein -- Juneau, Alaska
It's important because it gives the impression that the current Republican president caused the economy to tank, and that electing another Republican will extend the misery. Bad mouthing the economy was a major part of Bill Clinton's 1992 election strategy. It helped propel a candidate who should have been eminently defeatable to victory. We need something like that with the empty suit the Democrats have chosen. So even though there's no proof, it's a recession, stupid.
When you put the clowns in charge, don't be surprised when a circus breaks out.
"...a recession
June 11, 2008 - 08:36 ET by robert108"...a recession determination "is used to judge how policymakers — in the
White House, at the Federal Reserve, on Capitol Hill and elsewhere —
handled the economy and its problems on their watch."
We don't have a centrally-planned economy, so this is also untrue. Actually, the state of the economy reflects the business activity of the private sector, I believe. I guess Jeannine believes we are a socialist country.
But it's also true that,
June 11, 2008 - 08:48 ET by motherbeltBut it's also true that, accurate or not, the President takes the credit for a good economy and the blame for bad.
That's an artifact of
June 11, 2008 - 10:31 ET by robert108That's an artifact of today's media environment, and has nothing to do with the actual dynamics of our economy.
Actually, the state of the
June 11, 2008 - 10:56 ET by dscottActually, the state of the economy reflects the business activity of the private sector
Or more realistically, reflects the degree of government interference via taxes, regulations and subsidies in hindering business activity of the private sector. Right now I would venture to say that the price of oil is slowing the economy, not the Subprime Market, as such the price of oil was determined by the incompetence of government policy interference in drilling for oil and natural gas, refinery production (via the multiple state mandated blends) and refinery building. Let's also add to that the unwarranted interference in power plant building by ignorantly selecting energy supplies based on PC foolishness. The government's fingerprints are all over this crime scene.
Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.
It's pretty obvious
June 11, 2008 - 09:02 ET by pbthinkerIt's pretty obvious how to become an economic reporter, in the MSM. First, you have to understand the different meanings, of the word recession, and their implications in the perception of how a president is doing. Secondly, you have to be able to tap dance around definitions of recession, as understood by professionals in the field, since you may be questioned. Finally, above all, you must be able to show that Republican policies are bad and Democrats policies are good, despite statistics which might show something different. The best example of this is the "Clinton Economy" which was based on Dot Coms, Enron, and World Com. It was going to hell in a handbasket and yet he still gets credit for a great economy. Meanwhile, the media has been able to say the word recession, and put it in large print, only to have to post articles, on page 19a, that surprisingly, the economy was not in recession. It's amazing how these tactics can give the illusion of the desired effect.
Democrats: Stuck on Stupid since 2000.
The generic answer to the
June 11, 2008 - 15:44 ET by WR JonasThe generic answer to the question "when did it become.......?
Is ,back in the 1930 's political writers of the day, while fumbling around a big piece of ordinary wood , discovered that they could club a republican to death with the thing. They looked curiously at the club and then at the dead Republican and it read, Recession. The club was hurled high into the air and it turned into orbiting Liberalism. ( Some apology here to Stanley Kubric). But, you get the message . The left has had this weapon in its arsenal so long it seems ageless. And they have never tired of or been ashamed to use it.