With apologies to Brad DeLong, when reading WSJ editorials you need to bear two things in mind:
The WSJ editorial page is wrong about everything.
If you think the WSJ editorial page is right about something, see rule #1.
After all, here’s what you would have believed if you listened to that page over the years: Clinton’s tax hike will destroy the economy, you really should check out those people suggesting that Clinton was a drug smuggler, Dow 36000, the Bush tax cuts will bring surging prosperity, Saddam is backing Al Qaeda and has WMD, there isn’t any housing bubble, US households have a high savings rate if you measure it right. I’m sure I missed another couple of dozen high points.
Reversed stupidity might not be intelligence, but what about reversed malice?
Force anyone to express several controversial opinions per day for several decades and you’ll be able to cherry pick a list of seven hilariously wrong examples.
Just a bit of silliness:
Reversed stupidity might not be intelligence, but what about reversed malice?
Force anyone to express several controversial opinions per day for several decades and you’ll be able to cherry pick a list of seven hilariously wrong examples.
Well, can you find something they were right about? (I haven’t looked.)