Correction of the day: NY Times


A week late, the NY Times admits a huge blunder:

An article on Aug. 8 about speeches by President Bush and Vice President Cheney defending the administration's stewardship of the economy referred incorrectly to the 2001 recession and to the direction of the stock market on Aug. 7. Economists agree that the recession has ended, not continued. The Dow Jones industrial average rose the day of the speeches, by 182 points; it did not decline.



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