Chronicle of the Conspiracy
Saturday, April 18, 2009KUDLOW REPLAY Here's the YouTube video of Friday's appearance.
Posted by Donald L. Luskin at 2:30 PM | link
Friday, April 17, 2009SIBELIUS FLUNKS MATH Or, at least, my DC-insider friend "Mick Danger" thinks our new Secretary of Health ought to.
Here's an eye-opener....Kansas Gov. Kathleen Sebelius, now the nominee for secretary of Health and Human Services, proposed using $303 million of the state’s $440 million in Medicaid stimulus funding to balance the state budget.So, as Governor, Sebelius got $440 million and spent approximately 68% on other programs? Golly, that's a bigger problem than Tom Daschle neglecting to pay income taxes on a car service.
Posted by Donald L. Luskin at 12:40 PM | link
A NEW FORM OF ECONOMIC STIMULUS? From the Wall Street Journal's "Heard on the Street" feature, the once-legendary column that has become a joke, even without headlines like this:
Spanish Fly in ECB Ointment
Posted by Donald L. Luskin at 9:59 AM | link
Monday, April 13, 2009KUDLOW REPLAY Here's the YouTube video of Monday's hit.
Posted by Donald L. Luskin at 11:46 PM | link
WHY DOES DELONG HAVE TO LIE? TWICE! When he writes pompous letters to the New York Times criticizing it for its economics coverage that ocassionall dares to question liberal orthodoxy, why does Brad DeLong make up fake statistics? Is he afraid the truth won't support his orthodoxy? He claims twice -- not once, but twice! -- that it is unfair to say the New Deal was ineffective, because "unemployment did fall from 23% in 1932 to 11% in 1939." Yet the Bureau of Labor Statistics reports that unemployment as 17% in 1939. Thanks to reader Stephen Hales for drawing DeLong' lies to my attention.
Posted by Donald L. Luskin at 8:33 AM | link
Sunday, April 12, 2009WE'VE SEEN SOME STRANGE TIMES CORRECTIONS BEFORE... ...but this example of the "newspaper of record" eating crow, a tardy correction to a December 2008 story, really takes the cake. Thanks to our correspondent "Irrational Exuberance."
An article in the Year in Ideas issue on Dec. 14, 2008, reported on Josh Klein, whose master’s thesis for New York University’s Interactive Telecommunications Program proposed “a vending machine for crows” that would enable the birds to exchange coins for peanuts. The article reported that beginning in June 2008, Klein tested the machine at the Binghamton Zoo, that the crows learned how to use it and that after a month the crows were actually scouring the ground for loose change.
Posted by Donald L. Luskin at 3:32 PM | link