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    Paul Krugman: Selective Data Usage

    Paul Krugman, in the words of a former New York Times public editor, “has the disturbing habit of shaping, slicing and selectively citing numbers.” Most recently, he selectively cited numbers about austerity in Europe, hoping to redefine the policies that made the German economy so buoyant. Germany is worth paying … More

    Look Closer: Tax Increases, Not Spending Cuts, Are the Harmful Austerity

    Proponents of government spending want to use the recent history of Europe as evidence that spending cuts are harmful, but their arguments lose traction when one looks closely at the data. One example comes from Paul Krugman, who used the International Monetary Fund’s Fiscal Monitor data to argue that “austerity … More

    Footnote Failure: Gap Between Productivity and Pay Is Overstated

      Paul Krugman and many others argue that compensation has not grown as fast as productivity. However, most of the apparent gap between the growth of pay and the growth of productivity is a statistical illusion. On the surface, the numbers appear to show pay and productivity diverging. Hourly wages … More

    Austerity and Stimulus: A Response to The Washington Post

    Journalists should check with both sides before committing pen to paper, especially those at respectable outlets like The Washington Post. It would have served Post reporter Dylan Matthews well if he had followed this dictum. In a blog post, Matthews attempted to refute testimony I gave before the Senate Budget … More

    Obamacare: Krugman’s California Dreamin’

    Since California released its health care exchange premium rates late last week, liberals such as Paul Krugman have argued that Obamacare’s predicted “rate shock” will fail to materialize next year. At least three reasons explain why liberals’ argument falls short: 1. Dubious Assumptions About Exchange Enrollment Some independent observers questioned … More

    Debt Drag: Krugman, Konczal Miss the Point

    On their respective blogs, economists Mike Konczal and Paul Krugman criticize the widely cited finding that a nation’s debt above 90 percent of its gross domestic product (GDP) slows economic growth. They presume that the limitations of one study by Carmen Reinhart and Kenneth Rogoff mean that its warning can … More

    Krugman Still Wrong on Federal Spending and the Economy

    A not-so-small cottage industry has grown up refuting liberal economist Paul Krugman’s public pronouncements. It’s not a hard industry to join, and there’s plenty of work, but it can be repetitive. Even so, Krugman’s recent writings opposing federal spending cuts for the sake of the economy are sufficiently troubling to … More

    An Open Letter to Paul Krugman

    Over the past two weeks, you have relentlessly engaged in dishonest, deceptive and factually incorrect critiques of Heritage’s recent analysis of the Ryan budget plan, and they need to be addressed. With all of the work good people of every political stripe need to be doing in Washington today, the … More

    Morning Bell: The 'Tax and Spend' Left are Back with a Vengeance

    According to exit polls, Americans who voted last November 4th described themselves as 34% conservative, 44% moderate and only 22% liberal. One third of new voters were independents — and about two-thirds of them voted for President Barack Obama. How did President Obama win over so many moderates and independents? … More

    Criticizing The President Is Not Racist

    You know a side is on the run rhetorically when it deals the race card. The race card is divisive, disingenuous and outright dangerous, but its great virtue is that it can slow down the other side’s momentum, and even stop it altogether. So, in a way, those of us … More