Today on Krugman’s blog:
I was alerted to this Media Matters post, revealing that people still don’t get why the current slump is different from the early 1980s, and why fiscal policy is necessary this time. Yes, I know, it’s Joe Scarborough; but still …
Anyway, it’s the zero lower bound, stupid. And here’s the picture to make the point:
It reminds me of his post from a few days ago where he pointed to another Media Matters article that detailed how ABC News was reporting on income tax wrong… shouldn’t these “news” organizations hire people who actually understand what they are covering?
Related posts:
- Krugman Strikes Again
- Krugman Catches McCain's Exaggerations
- Alterman on Pundits and the Insider Press Corp
- Krugman on the proposed gas tax holiday
- Coward.
Tags: economics, krugman, media matters
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on Wednesday, March 4th, 2009 at 11:57 pm and is filed under Politics.
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