The Washington Post Tells Us What the White House “Believes” About Financial Transactions Taxes

By: Dean Baker Sunday May 20, 2012 1:24 pm

In a blogpost discussing the push by many groups to get a financial transactions tax the Post told readers:

“The White House believes it would be easy to evade, could hamper economic growth, and might make markets more volatile, not less so. Instead, Obama has proposed a new “financial crisis responsibility fee” on big banks, which would raise about $61 billion.”

The World Needs More of the United States Leadership on Global Warming, or You Can Say Absolutely Anything in the Washington Post

By: Dean Baker Sunday May 6, 2012 11:50 am

Just when you thought that the Washington Post could not go any further in bringing its readers off the wall statements from self-imagined great thinkers, it rises to the occasion. Today we have Ian Bremmer, the president of the Eurasia Group, giving us “five myths about America’s decline.”

This short piece contains heaping doses of silliness.

The Washington Post Continues Its Love Affair With NAFTA and Disdain for Facts

By: Dean Baker Monday April 30, 2012 7:15 am

The Washington Post was a strong supporter of NAFTA at the time the deal was approved. It continues to be a strong defender of the pact nearly two decades later. It has repeatedly shown itself willing to make up facts or just ignore them to push its pro-NAFTA line.

Tagteam Punditry

By: TBogg Sunday April 29, 2012 11:30 am

Shorter Frank Luntz, shorter Jonah Goldberg.

George Will Makes It Up to Go After Public Sector Workers

By: Dean Baker Thursday April 26, 2012 6:04 pm

Okay, I know that picking on George Will might seem like cheap fun, but as an oped columnist for the Washington Post we are supposed to take him seriously.

Fred Hiatt Spews a Cornucopia of Misinformation in Column on Japan

By: Dean Baker Friday April 20, 2012 9:00 am

Readers will not doubt be asking if Japan can be saved from the Washington Post after reading Fred Hiatt’s column titled (in the print edition) “Can Japan Save Itself?” The column slams readers with large masses of inaccuracy that pass for conventional wisdom in Washington.

Student Loan Bubble Nonsense: Pete Peterson and the Washington Post Mess Up on the Economy Yet Again

By: Dean Baker Monday March 12, 2012 10:00 am

Sunday, the Washington Post ran a piece from the Pete Peterson funded Fiscal Times warning about the “debt bomb” from student loan debt. (The Post did not identify Pete Peterson as the funding source for the Fiscal Times.)

The piece manages to get just about everything wrong. To start with, the piece did not even get the rate of student debt accumulation right.

Peggy Noonan Is the Peggy Noonan of Peggy Noonans

By: TBogg Thursday February 9, 2012 11:35 am

With cutbacks in the offing at the Washington Post, it is good to see that they are holding fast to some their brighter lights who provide important insights such as this on President Muslim forcing Sharia birth control laws down the throats of Catholic Bishops.

The Washington Post’s Tortured Logic on the Fed’s Housing Proposals

By: Dean Baker Sunday January 15, 2012 5:00 pm

The lead Washington Post editorial noted (and excused) the Fed’s complete failure to understand the dangers posed by the housing bubble (the economy is soooo complicated) and then somehow used this failure as an argument against its housing proposals. The Fed’s main housing proposals were that Fannie and Freddie should make it easier for underwater homeowners to refinance and also that they should look to convert some of their foreclosed properties to rental units.

Larry Summers’ Poor Memory on the IMF

By: Dean Baker Friday December 9, 2011 2:15 pm

The trade deficit between the United States and the rest of the world was the major imbalance in the global economy in the last decade. It created the gap in demand that was filled by the stock bubble in the 90s and the housing bubble in the last decade. It is striking that the Post’s opinion pages are only open to people who try to conceal this fact rather than economists who try to explain this history to readers.

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