John
F. Lawrence, in Fortune (Apr. 25, 19881, Time Economics and Life Building, Rockefeller Center, New
York, N.Y. 10020-1393.
"ECONOMY WEAKENING, EXPERTS SAY," was the headline of the lead front-page story in the February 2, 1988 Miami Herald. "For once, economists are in agreement," the story began. "The big chill everyone feared is here."
A month later, the Herald changed its mind. In a story buried on the business page, the Herald reported that America's gross...