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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (44426)	8/23/2003 11:29:11 AM
From: TimF	Respond to of 50167

Sorry I missed that. Tim

To: IQBAL LATIF who wrote (44426)	8/23/2003 4:51:04 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

NOW DE LONG SEES "MORE GOOD NEWS" It was just a little more than three weeks ago I pointed out that Brad DeLong was leaping to Paul Krugman's defense, pounding my "straight-out lies" that "only in 'the mind of Paul Krugman, where hopelessness springs eternal' is there a 'shortage of good economic news nowadays,'" and heaping up the litany of selectively chosen data to "prove" that there is no economic recovery at hand. But time flies when you're just making stuff up to fit the bias of the moment. Now DeLong is standing atop that heap of stolen intellectual property he calls his blog and crowing that there's "More good news about the third quarter." More good news, mind you. He writes, "Real investment in high-tech equipment has been running at a world-record pace for several quarters now. But what's different about this piece of good news is that demand is finally strong enough for capital-equipment producers like Intel to actually make some money." Let's see what DeLong says next time Krugman claims there's no economic recovery. Oh what a tangled web we weave, when first we set out to defend Krugman's deceptions. For DeLong, merely straight-out lies would be an improvement. Posted by Donald Luskin at 3:51 PM \| link