Economics, Jobs, and Politics

Donald Luskin, of Trend Macrolytics, writes in today's National Review Online a decisively complete dissection of Paul Krugman's recent column in the New York Times. He includes lots of footnoted detail that clearly shows how wrong the partisan Mr. Krugman is again regarding Kerry and Bush's policies and proposals on the taxes, the economy, and jobs.

Read Mr. Luskin's column here.



Economists J. Edward Carter & Cesar V. Conda also write in today's NRO an article titled, "368 Economists Against Kerrynomics".

Here is an excerpt:

Leading economists have a message for America: “John Kerry favors economic policies that, if implemented, would lead to bigger and more intrusive government and a lower standard of living for the American people.”
That was the conclusion released in a statement Wednesday by 368 economists, including six Nobel laureates: Gary Becker, James Buchanan, Milton Friedman, Robert Lucas, Robert Mundell, and — the winner of this year’s Nobel Prize in Economics — Edward C. Prescott. The economists warned that Sen. Kerry’s policies “would, over time, inhibit capital formation, depress productivity growth, and make the United States less competitive internationally. The end result would be lower U.S. employment and real wage growth.”

You can read the article here.



William Saffire's column today discusses in detail the French-damning Duelfer Report, as we discussed at length in several posts this and last week. We are constantly amazed at the difference between what the actual report says, and what is written about the report by the "fair and balanced" mainstream media.