It was also the end of the term in the news. It had been on the decline for years, and while the 1992 pardons bumped it up a tad, Iran-Contra would continue downwards.
In other words, we already knew all about Iran-Contra, and figured there would be a pardon. Even the report, which came out in 1994, barely provided a coverage bump. Since the, well, there've been bigger fish to fry.
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