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Fri Oct 5, 2012, 11:36 AM

Krugman: Democratic Derangement Syndrome [View all]

<...> Todayís full-scale freakout over a decent jobs report is a sight to behold. Spare me the false equivalence: yes, you occasionally find people on the left claiming that the numbers have been faked or the truth hidden, but not leading figures in the media and major-league plutocrats. (Next time people try to portray Jack Welch as an icon of success, a man we should listen to, remember this moment) <...>

For the record, itís ridiculous to imagine that the Obama administration could arrange (on short notice, no less) to cook the jobs numbers. The sheer logistics would be impossible, plus these are civil servants who have to live under both parties. I guess thereís a bit of continuity here with the inflation truthers, a group that similarly includes people who unaccountably continue to be treated as respectable.

The thing is, although such antics are funny in a way, theyíre also menacing. By attacking anyone who presents awkward facts, the right exerts an intimidating effect. It wonít get the BLS to retract todayís jobs report, but it might bully news organizations into avoiding objective economic analysis, and maybe even into blurring their reporting right now.

So this is crazy and stupid; but itís also scary. NY Times

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tishaLA Oct 2012 OP
joycejnr Oct 2012 #1
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judesedit Oct 2012 #26