Media outlets work overtime to spin bad economic data
The big news Thursday was that America's economy shrank during the first quarter of 2014, its worst performance in three years -- but reporting that news apparently didn't sit well with several major media outlets.
“U.S. economy shrinks, but it's not a big deal,” read a headline on CNNMoney.com.
“Blame Old Man Winter: economy contracts for first time in three years,” NBC News tweeted.