To refrain from regarding or depicting something in an exaggerated or overblown manner; to not regard or depict something as more important, negative, or significant than it really is. I know we're all shocked by the announcement, but let's try to keep it in proportion—no one is losing their job, and no one is getting a decrease in pay. In reality, it's just a rearrangement of responsibilities. In the age of social media, people seem incapable of keeping current events in proportion.