Normally, NewsBusters does not criticize editorials. However, on ocassion, one comes across one that is simply too full of myths and false statements that an exception has to be made to the rule.
On Friday, The New York Times published an editorial examining sequestration and taxes. The editorial was loaded with inaccuracies, misleading statements, and significant lacks of clarification. Below are nine corrections the editorial staff should make:
On Wednesday, the New York Times published a News Analysis of the President’s State of the Union address entitled “In Age of Spending Cuts, Making a Case for Government.” While the author, Richard Stevenson, makes a correct argument for how the President is pushing for larger government despite a shrinking federal budget, he ignores how there is no actual reduction in federal spending.
In particular, there are at least seven misleading or inaccurate statements in the analysis:
In his column yesterday, New York Times columnist Paul Krugman made the case for how the pro-union and high-tax policies of the 1950s led to America’s unparalleled economic success from the end of World War II until the mid-1970s. The essay is a classic example of how to use a few correct facts to make a completely illogical argument.
First Krugman says “Above all, the success of the postwar American economy demonstrates that, contrary to today’s conservative orthodoxy, you can have prosperity without demeaning workers and coddling the rich.” The only evidence of “coddling” he cites is lower tax rates on the wealthy in today’s America as compared to higher rates in the 1950s.