Are "economic experts" really gratified by French President Francois Hollande's economic policy ideas? The New York Times cites one, but it's not hard to find other economists who offer a very different take.
Why do we need "serious spending cuts"? Milbank assumes the answer is so obvious that it need not be explained–everyone knows the more cuts, the better. All the serious people, anyway.
Niall Ferguson's Newsweek cover story "Hit the Road, Barack" has attracted lots of the wrong kind of attention. As Dean Baker put it: It's hard to believe that progressive bloggers didn't get together to pay Newsweek to run Niall Ferguson's piece on Obama. The thing is so shot full of easily identifiable errors no serious publication would ever allow it into print. But printed it was–a lengthy cover-story argument against re-electing Obama, based on an array of charts and economic facts that the Harvard professor believes bolster his case. The first–and arguably most important–error was flagged in a blog post […]
CNN host and Time columnist Fareed Zakaria is no doubt a wealthy guy. He reportedly gets paid $75,000 for one hour speeches. Who has that kind of money? As CJR recently noted: Over the years, he has been retained for speeches by numerous financial firms, including Baker Capital, Catterton Partners, Driehaus Capital Management, ING, Merrill Lynch, Oak Investment Partners, Charles Schwab and T. Rowe Price, according to the website of the Royce Carlton speakers bureau. All of which brings us to his new column in Time magazine, where he rails against the cushy pensions of public sector workers and slams […]
Last year Republican Rep. Paul Ryan presented a budget plan that was, according to one analysis, full of "dubious assertions, questionable assumptions and fishy figures." But Ryan's brand of budget austerity makes the media swoon–hence we saw coverage (FAIR Media Advisory, 4/12/11) of Ryan's "piercing blue eyes" that dubbed him "a PowerPoint fanatic with an almost unsettling fluency in the fine print of massive budget documents." Ryan's budget was never going to be adopted, but its release was widely covered across the corporate media. He was given credit for presenting a plan to reduce government deficits, even though his plan […]