Bury the ‘lede,’ it’s too depressing

Robert Reich started a recent column by looking on the bright side: “Economic cheerleaders on Wall Street and in the White House are taking heart. The US has had three straight months of faster job growth…” He then inched his way down to the real lede of his piece: “The negative wealth effect of home values, combined with declining wages, makes it highly unlikely the US will enjoy a robust recovery any time soon.”