“What we are experiencing is first and foremost a recovery from the depths of a terrible recession,” said Robert E. Scott, a senior economist at the Economic Policy Institute. “We have a long way to go before we climb out of this hole.”

The AEI is right-wing while the EPI is left-wing. Those are just two more pieces of background information the paper should have given its readers.

Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu.