In most newspapers "news" is something that happens. However, the Washington Post chose to make one of its major news stories the fact that President Obama doesn't seem as concerned about reducing the deficit as it wants. Since there is no real event in the world that is highlighted, this is the only real way to describe this piece. (The article does refer in passing to the fact that the bond-rating agencies, who rated hundreds of billions of dollars of subprime mortgage backed securities as investment grade, threatened to downgrade the government's debt. However these warnings are just mentioned in passing.)

One might think that it is also news that President Obama does not have any plan to reduce the 9.4 percent unemployment rate. However, this is apparently not as big a concern at the Post.

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