Wall Street Journal Rewrites History to Mislead Readers

by linuxguy

Sun Jun 27, 2010 at 10:02:52 AM PDT

The editorial The Keynesian Dead End provides a good example of how Rupert Murdoch's Wall Street Journal editorial board rewrites history to mislead its readers. They cannot accept the fact that Keynesian Economics Works and that Obama's American Recovery and Reinvestment Act of 2009 has prevented a second Great Depression. When the facts do not support their political position, the Wall Street Journal simply rewrites history or twists statistics to support their agenda.

The Wall Street Journal editorial board writes in The Keynesian Dead End:

Like many bad ideas, the current Keynesian revival began under George W. Bush.

Even the Wall Street Journal knows how toxic George W. Bush is, so they start by associating him with Keynesian.