Friday, June 03, 2011

POLITICS - How To FAIL Economics Class

"Why You Shouldn't Trust Speaker Boehner's '150 Economists'" from Political Correction, Media Matters 5/20/2011

Excerpts

Over the last three months, House Speaker John Boehner (R-OH) has repeatedly touted a letter he sent to President Obama in February signed by 150 American economists opposed to the administration's economic policies. The list of economists seems to suggest that experts in the field agree with Boehner. But a closer inspection reveals that many have made baseless predictions in the past, some endorse fringe economic ideas, many are employed by entities that receive funding from the Koch brothers, and others have used extreme partisan rhetoric to attack President Obama and other Democrats. Worse, 43 of the 150 economists previously signed a letter stating President Bush's tax cuts were "fiscally responsible." Boehner was hoping for credibility, but many of these economists are just not credible, even by the standards of conservative economics.

[Speaker Boehner letter (to Obama), 2/13/11] (opens in new page)
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43 Economists From Boehner List Signed 2003 Letter Calling 2003 Bush Tax Cuts "Fiscally Responsible."

[The White House (to Bush), 2/12/03] (opens in new page)
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38 Economists Work For Or Are Affiliated With Organizations That Have Received Money From The Koch Brothers. According to the database Conservative Transparency.

The full article contains sections, with names and quotes, on:
  • Political Rhetoric

  • Right-Wing Ideologues

  • Non-Economists

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