I think it is a reference to the Chernobyl mini-series, where the Dyatlov character responds to the news of the level of radioactive contamination as "Not great, not terrible", unaware that their measuring equipment is actually maxed out, hiding the true scale of the problem.
The Chernobyl mini-series is highly recommended. It is a classic example of how arrogance and stupidity are closely related. (Where stupidity is defines as knowing the correct thing to do, but ignoring the facts or available infomation.)
If anyone watches a TV show with the assumption that they are getting an accurate view of history, then I wish them luck in life, since they will probably need it.
Tell that to the people who were displaced because of the accident, which of course, is proven truth. The last part of your statement is petty, based on ignorance of how life itself is extremely difficult to report after the fact when facts are so easily denied.
That particular series was presented with very heavy emphasis on how "accurate" it was to real events, though, and many, many people thought it a documentary.