Bizzyblog aggregates newspaper circulation data for the past 60 months, and notices that the relatively slow declines at the two largest papers, USA Today and the Wall Street Journal, have partially masked the much steeper declines at most big city metropolitan dailies. The decline in only two and half years revealed is startling

It is understandable, but not forgivable, that business reporters at Old Media newspapers might think that the economy is in bad shape. They first have to get past how poorly most of their employers are doing.