Oops: CNBC Puts Billion Instead of Trillion in the Headline

Jul 9, 2011
J. Webster
Comments Off on Oops: CNBC Puts Billion Instead of Trillion in the Headline

With all the money being thrown around these days, with all the talk of bailouts and debit limits, a billion here and then a trillion there, it’s no surprise the CNBC headline writers missed this one and put $2 billion instead of $2 trillion in the headline.

It is Saturday night anyway. Nobody’s really reading CNBC right now are they? Who cares, the stock markets not even open. It’s not like all those expert economists who incorrectly predicted the jobs number by a 100,000 or so. This is just a silly copy writing error. What’s a billion versus a trillion anyway. It’s all paper. I wonder how long it will take them to fix the mistake…

Here’s the gist of the story from the WSJ:

House Speaker John Boehner (R., Ohio) said the White House and congressional leaders have stopped pursuing the major deficit-reduction deal tackling entitlement programs and an overhaul of the tax code that he and President Barack Obama had been seeking.

A statement from Mr. Boehner issued late Saturday, after a conversation with Mr. Obama, said efforts by both parties to reach a deal to reduce the federal deficit by $4 trillion over the next decade reached an impasse this weekend over the issue of taxes. Mr. Boehner said negotiators will instead work toward an agreement closer to $2 trillion.

Oh how the government wishes it was just a billion dollars instead of a trillion dollars they were taking about. That would certainly change things.

Heck, at least CNBC got Boehner’s name right. It would have been good and funny if they’d written Boner instead of Boehner. Come on, just once CNBC, just for a little while could they make that make mistake? We all need a laugh during times like these.

The Wall Street Journal got it right, though. See how easy this is CNBC:

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