NYTimes Uses Hurricane Katrina to Push For Higher Taxes
Well, we all knew this was coming. A New York Times editorial quite strongly suggests that income tax rates in our nation should now be raised as a result of Hurricane Katrina:Congress and the president had better get the message: an extraordinary time is upon the nation. The annihilation in New Orleans is an irrefutable sign that the national tax-cut party is over. So is the idea that American…
The Times' Flood Control Hypocrisy
Hurricane Katrina is a U.S. natural disaster unparalleled in modern times, leaving at least half of a major city underwater. In this national tragedy, the nation's paper of record rises to the occasion by declaring everything Bush's fault. But perhaps some blame could be more plausibly apportioned to the Times' own editorial page Yesterday's lead New York Times editorial, "Waiting for a Leader…
NYTimes' Krugman Talking Down the Economy Again
Fresh from his performance on ABC’s This Week this past Sunday, the New York Times economic writer, Paul Krugman, has a new op-ed today filled with more delicious economic distortions: But although many people say "four million jobs in the last two years" reverently, as if it were an amazing achievement, it's actually a rise of about 3 percent, not much faster than the growth of the working-age…
