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Obama Economy Contracts, But CBS Sees ‘Strong Rebound’ While ABC Frets ‘Chianti Caper’

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America suffered an economic setback in the first quarter of the year as the GDP for Obama’s economy was revised downward Thursday morning to a negative one percent, yet neither ABC’s World News nor the NBC Nightly News considered it newsworthy.

Meanwhile, the CBS Evening News spun the bad news into a positive. Reporter Anthony Mason insisted “it sets the economy up for rebound this quarter and there are some encouraging signs in the numbers.”

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