Ok, lets play the media spin game, you get to choose the headline. Which would you choose, and why?
a) "Foreclosure Increase Smallest in Three Years"
b) "Foreclosures Fall 6 Percent"
c) "Foreclosures Rise 18 Percent"
d) "Foreclosure Filings at Third Highest Ever"
Incredibly, they are all true, to wit: a) the year over year percentage increase, from May 2008-2009 is smallest in 3 years, b) they fell 6% from their all-time high of last month, c) they have risen 18% month to month since last year, and d) speaks for itself, and is the most truthful and relevent point of them all: the foreclosure flood is larger than ever in the last three months.
Do you think it is an accident that all the media headlines sound like A or B, chosing to mislead with percentages?
Here's my headline for the day: "Media Reality Distortion Sees Record Increase, More Credibility Lost"
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