An article on CNNMoney dated November 1st, poses the question: Can the economy survive the housing bust? What the article fails to do, is answer the question by weighing the merits of potential arguments from people on two sides of the fence. On the contrary, through some flawed statistical analysis, the article manages to create more fear, uncertainty, and doubt, than is necessary.
I think it’€™s legitimate to be concerned about where the economy is headed over the next year. But CNNMoney is guilty of some very sloppy reporting.