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Thursday, February 21, 2013

'It's an Affinity Thing'

The other day I asked why anyone listens to Bowles/Simpson. After all:

Simpson is, demonstrably, grossly ignorant on precisely the subjects on which he is treated as a guru, not understanding the finances of Social Security, the truth about life expectancy, and much more. He is also a reliably terrible forecaster, having predicted an imminent fiscal crisis — within two years — um, two years ago.

In addition, he is:

cantankerous, potty-mouthed individual, who evidently feels not a bit of empathy for those less fortunate.

He's also partisan, and has a clear agenda. Yet "he’s lionized" by the media. Paul Krugman tries to explain the attraction, and what it says about those who hold him in such high regard.

    Posted by on Thursday, February 21, 2013 at 10:59 AM in Budget Deficit, Economics, Politics, Press | Permalink  Comments (20)


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