I have had plenty of occasions to criticize the editorial views of both the NYT and the Washington Post, but there are major differences between these two pillars of the national media. It would be hard to find a better statement of these differences than the Times and Post's view of the impact of the sequester on air travel.

One could also add that the sequester is throwing around 600,000 people out of work according to the Congressional Budget Office. These are people who have the necessary skills to fill jobs in the economy but who will not be working because people in Washington lack the skills to design policies to keep the economy near full employment.

Site Maintenance

"The CEPR website currently takes longer to load than usual. We hope to have this and other issues addressed shortly. While this much needed site maintenance is taking place, our content is still available so please continue to slooowwwly surf the pages of our site. Thank you for your patience."