Tuesday, August 31, 2010

Good News? Bad News?


Here seem to be two different takes on the same news and the scientific community is united in that fact.

From the Associated Press --

Americans spend a bit more as economy limps along

Americans are spending a little more this summer, but hardly enough to rejuvenate the weakening economy.

Reuters writes --

Consumer spending signals hope for the recovery

Consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest recovery.

That shows you why no news is good news.

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