News for hackers. Stuff that matters.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by NeverFade on Thursday July 28, 2022 @11:04AM (#32265327)
In the US, the NBER is the institution that calls recessions. The NBER has never once failed to call two consecutive quarters of negative growth as a recession. It's a foregone conclusion at this point.

But wait, according to the mainstream media now, we shouldn't listen to the NBER either, they're all just a bunch of "white economists":

https://www.cnn.com/2022/06/30/economy/recession-economists-...

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by engineer_22 on Thursday July 28, 2022 @11:38AM (#32265797)
CNN headline: Who decides if the US is in a recession? Eight White economists you've never heard of

Is this a joke? It's like something you'd overhear at brunch from a group of co-eds

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by alchemist1e9 on Thursday July 28, 2022 @11:52AM (#32266011)
Now recessions are racists then?
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by AdamN on Thursday July 28, 2022 @01:30PM (#32267597)
That wouldn't be the implication of a title like that and I suspect you know you're being disingenuous. It would mean that some of our most important decisions are being made by people from a single background that doesn't reflect the makeup of their stakeholders, the American public.

As a thought exercise, would you think it's not notable if the 8 person board was entirely female .. or entirely black?

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by alchemist1e9 on Thursday July 28, 2022 @01:56PM (#32267949)
I would absolutely think it was notable because if I saw “Women Economists” or “Black Economists” I would obviously be concerned the women or black economists are being treated badly.

It’s shocking that you somehow think race or gender can effect the categorization by economists of economic conditions. It’s fairly quantitative situation and I’m at a loss how different backgrounds would effect that analysis.

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by AdamN on Thursday July 28, 2022 @02:16PM (#32268213)
I mean in your mind ... if all the economists you saw in leadership positions in the US were black I suspect you would think that's notable. That was the thought exercise I was asking you to do.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by selimthegrim on Thursday July 28, 2022 @02:20PM (#32268263)
Black unemployment vs White?
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by alchemist1e9 on Thursday July 28, 2022 @06:20PM (#32270773)
Would a black economist measure black unemployment or white unemployment differently?
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by TMWNN on Thursday July 28, 2022 @05:13PM (#32270186)
>Now recessions are racists then?

Everything else is, so why not?

CNN in January 2020: "Coronavirus task force another example of Trump administration's lack of diversity" <https://www.cnn.com/2020/01/30/politics/donald-trump-coronav...>

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by rockemsockem on Thursday July 28, 2022 @12:04PM (#32266225)
Was that actually the headline before?

The title I get is the same minus the "white". I wonder if it's A/B testing.

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by alchemist1e9 on Thursday July 28, 2022 @12:09PM (#32266287)
https://imgur.com/a/yW4IXum

I took a screenshot as I had a hunch it would be changed once enough people saw it.

Edit: shows up without the “White” also for me now:

https://imgur.com/a/84X6RKj

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by snikeris on Friday July 29, 2022 @10:59AM (#32277805)
I also saw the original headline that said:

> Who decides if the US is in a recession. Eight White economists you've never heard of.

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by snikeris on Thursday July 28, 2022 @11:54AM (#32266042)
It reads like racism to me.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by weakfish on Thursday July 28, 2022 @11:23AM (#32265568)
I mean, CNN is basically the left version of Fox News, it’s not representative of center media.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by tootie on Thursday July 28, 2022 @03:08PM (#32268826)
That's not really a fair comparison. CNN sometimes plays up controversy for eyeballs, but Fox is an outright manipulator. Tucker Carlson is touting fascism and Sean Hannity was literally taking phone calls from the Oval Office asking what they wanted him to say on air. They are also being sued for libel for promoting baseless election fraud conspiracy theories. Saying they're equivalent is like saying a pigeon is like a squid because they both have a beak.

https://www.theguardian.com/media/2022/jul/04/fox-oan-newsma... https://www.cnn.com/2022/04/29/politics/hannity-text-message... https://nymag.com/intelligencer/2021/08/tucker-carlson-has-s...

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by DuskStar on Thursday July 28, 2022 @11:28AM (#32265655)
It's closer to the center than the other major news network, MSNBC.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by westmeal on Thursday July 28, 2022 @11:43AM (#32265894)
I upvoted you because downvoting to disagree is dumb, but I disagree, CNN is totally way far left.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by DuskStar on Thursday July 28, 2022 @08:02PM (#32271554)
CNN is indeed way far left. But there are three major news networks - Fox, CNN and MSNBC. Of those, Fox is pretty far right, CNN is far left, and MSNBC is farther left than CNN.

https://adfontesmedia.com/wp-content/uploads/2022/01/Media-B...

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by twoxproblematic on Thursday July 28, 2022 @11:34AM (#32265747)
Do you have an example of "center media"? Asking because I earnestly want some of that.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by weakfish on Thursday July 28, 2022 @12:16PM (#32266396)
I usually just read the AP or Reuters. FiveThirtyEight is definitely liberal but I appreciate their numbers perspective as well.
Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by throwaway_4ever on Thursday July 28, 2022 @12:42PM (#32266789)
Here's a couple media bias charts. https://www.poynter.org/fact-checking/media-literacy/2021/sh...

Like other commenter said, AP and Reuters are best at being center / neutral for now.

Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by disgruntledphd2 on Thursday July 28, 2022 @11:53AM (#32266020)
The Financial Times is relatively centrist in their coverage.