It's easy to get depressed about the bad economic news in the media, but sometimes the news can be downright bizarre.
To wit: When did “good” start to mean “less bad”? I suppose we have been inching our way toward that for the past several months. But it hit especially hard recently, when I read that one company lost $1.4 billion in the first quarter–and that was considered OK.
No matter how often I hear about companies beating expectations with their losses, it still confounds me that losing “only” $1.4 billion in 3 months is good news.
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