Consider that the WSJ has got nothing right for, well for, well forever, so I guess then it should be a source of information for wingnuts, since wingnuts only praise the party of money. Hallelujah!
When the WSJ or any other conservative MSM source gets something right, let us all know.
"Just look at the outside evaluations of the stimulus. Perhaps the best-known economic research firms are IHS Global Insight, Macroeconomic Advisers and Moodys Economy.com. They all estimate that the bill has added 1.6 million to 1.8 million jobs so far and that its ultimate impact will be roughly 2.5 million jobs. The Congressional Budget Office, an independent agency, considers these estimates to be conservative.
Yet Im guessing you dont think of the stimulus bill as a big success. Youve read columns (by me, for example) complaining that it should have spent money more quickly. Or youve heard about the phantom ZIP code scandal: the fact that a government Web site mistakenly reported money being spent in nonexistent ZIP codes.
And many of the criticisms are valid. The program has had its flaws. But the attention they have received is wildly disproportionate to their importance. To hark back to another big government program, its almost as if the lasting image of the lunar space program was Apollo 6, an unmanned 1968 mission that had engine problems, and not Apollo 11, the moon landing."
http://www.nytimes.com/2010/02/17/business/economy/17leonhardt.html
"The materialistic and selfish quality of contemporary life is not inherent in the human condition. Much of what appears natural today dates from the 1980s: the obsession with wealth creation, the cult of privatization and the private sector, the growing disparities of rich and poor. And above all, the rhetoric which accompanies these: uncritical admiration for unfettered markets, disdain for the public sector, the delusion of endless growth." Tony Judt 'Ill Fares the Land'
