You're absolutely right --what gets my pants in a wad is reading "...robust earnings growth by fattening profit margins... ...by laying off workers..." knowing that the Fed's BEA numbers say otherwise. You're also right that a stupid press is only bad while a stupid government is worse.
Depends on which state of the union they are talking about.
Illinois workforce shrinks by largest margin in state history - See more at: http://www.illinoispolicy.org/illinois-work-force-shrinks-by-largest-margin-in-state-history/#sthash.bi7vJU9E.dpuf
These are the policies Cook County Democrats have brought to the nation.
AAPL missed on sales, beat on EPS. Lowers 4Q guidance. Shares pretty much flat after market.