Thursday, July 15, 2010

Everyone Lies Nobody Minds

And Erskine Bowles Worries Me too... - Grasping Reality with Both Hands
It is difficult to believe that if Speaker Pelosi or some other prominent Democrat argued for a stimulus package because the unemployment rate is 19.0 percent that the media would ignore their disconnect with reality. It is hard to understand why neither Mr. Bowles nor his co-chair, former Wyoming Senator Alan Simpson, are not held to comparable standards of accuracy.
That's Brad DeLong approvingly quoting Dean Baker.  Baker is upset that Bowles exaggerated the amount of interest on the debt we would be paying in 2020. I believe some of our left of the cheddarsphere friends also read Baker, so I couldn't let this go unnoticed. 

I would say Nancy Pelosi's disconnect with reality is largely ignored by the media.  I'm still waiting for the 400,000 jobs she promised Obamacare would create immediately.  Hey, at this point, I bet President Obama is too.

Pelosi: Obamacare Will Supply 400000 Jobs Almost Immediately!

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