Article • Dean Baker’s Beat the Press
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Yeah, we’re approaching the debt ceiling deadline, so folks are getting silly. And Chris Matthews is taking the lead. I guess he never heard about the bubbles or the massive trade deficit caused by the over-valued dollar. I suppose you don’t have know much economics to be a news show host at MSNBC.
I suppose the know-nothing crowd might admire Bill Clinton’s economic record, but I will always remember him as the guy who lectured the country on how enforcement of trade deals will create manufacturing jobs, apparently without bothering to check that we lost manufacturing jobs in each of the last three years of his administration. But hey, in Washington you just get to make it up.