Paul Krugman: Left Behind Economics
Published: July 14, 2006
I'd like to say that there's a real dialogue taking place about the state of the U.S. economy, but the discussion leaves a lot to be desired. In general, the conversation sounds like this:
Bush supporter: "Why doesn't President Bush get credit for a great economy? I blame liberal media bias."
Informed economist: "But it's not a great economy for most Americans. Many families are actually losing ground, and only a very few affluent people are doing really well."
Bush supporter: "Why doesn't President Bush get credit for a great economy? I blame liberal media bias."
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