Networks Think Inflation is Important Only When It’s Rising
June 19th, 2006 9:44 AM
The three broadcast networks have focused growing attention on inflation recently – 42 stories since early May. CBS anchor Bob Schieffer declared on June 14 “Well, it is back, inflation, that is.” The following day, ABC’s Bill Ritter cautioned, “everything from mowing the lawn to joining a gym could cost you more money.”Yet, when positive inflation news was announced just hours later by the new…