December 19, 2008
On the Media
WNYC Studios
4.6 • 9.1K Ratings
🗓️ 5 May 2011
⏱️ 50 minutes
🧾️ Download transcript
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| 0:00.0 | From WNYC in New York, this is NPR's On the Media. |
| 0:04.3 | I'm Brooke Gladstone. |
| 0:05.5 | And I'm Bob Garfield. |
| 0:07.2 | A philosopher once said, wherever there is number, there is beauty. |
| 0:12.8 | Oh, really? |
| 0:13.9 | Breaking news in the $50 billion scandal that has cost thousands of investors. |
| 0:18.5 | A $9 billion line of credit. |
| 0:23.6 | State budget shortfalls will exceed $100 billion. Unemployment is up. |
| 0:24.6 | Two full percentage points, 43% increase. |
| 0:27.6 | That's too many jobs. |
| 0:28.6 | New unemployment claims for benefits. |
| 0:29.6 | Jump to $573,000. |
| 0:31.6 | That is a 26 years. |
| 0:33.6 | Beauty, maybe not, but confusion, bewilderment, |
| 0:36.6 | maybe a little panic for sure. |
| 0:39.9 | These days, there are so many numbers hurtling toward us from our imploding economy |
| 0:44.9 | that it can be exceedingly difficult for reporters to contextualize them and for news consumers |
| 0:50.4 | to understand them. |
| 0:52.6 | Michael Blastland is a journalist and co-author of The Numbers Game, |
| 0:56.3 | the common sense guide to understanding numbers in the news, in politics and in life. Michael, |
| 1:01.4 | welcome to On the Media. Thanks very much. Can we start, please, with the $700 billion bailout? |
| 1:08.6 | I think the problem with that number and a lot of the numbers that are |
... |
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