The Media Is Wrong About Bachmann
Posted in Main Blog (All Posts) on June 29th, 2011 4:28 am by HL
The Media Is Wrong About Bachmann
Mark McKinnon, Daily Beast
The world is flat. We know it is. It's what we were taught in the Dark Ages. Michele Bachmann is a “delusional, paranoid zealot,” a “flake.” We know she is. That's what we've been told by a mainlining media.Conservative women in politics run a punishing gauntlet. They endure psychological evaluations and near-gynecological exams their male and liberal counterparts do not. The public is force-fed only their gaffes in 10-second fixes, while similar misstatements by the current president are forgiven as momentary lapses.
The Deficit Is Worse Than We Think
Lawrence Lindsey, Wall St. Journal
Washington is struggling to make a deal that will couple an increase in the debt ceiling with a long-term reduction in spending. There is no reason for the players to make their task seem even more Herculean than it already is. But we should be prepared for upward revisions in official deficit projections in the years ahead"”even if a deal is struck. There are at least three major reasons for concern.First, a normalization of interest rates would upend any budgetary deal if and when one should occur. At present, the average cost of Treasury borrowing is 2.5%. The…
With Budget Deficit, First Do No Harm
Eugene Robinson, Washington Post
WASHINGTON — There is no good reason for negotiations on the budget and the debt ceiling to be deadlocked, because the solution is obvious: First, do no harm. The Hippocratic injunction should be something befuddled economists and warring politicians can agree on. With the nation struggling to recover from a devastating recession, unemployment stuck at crisis levels, financial markets spooked by the possibility of European defaults and consumers disinclined to consume, it makes no earthly sense to suck money out of the economy.Democrats are right that this is a terrible moment for spending…