Megan McArdle
is wrong again, poor thing, and
Andrew Sullivan corrects her.
Barry Ritholtz discusses the same subject in reference to a Paul Krugman column. McArdle is making quite a career of responding incorrectly to others without actually mentioning whom she's talking about. It's the new parlor game on the Snark--who wrote the post that set McArdle off? It's like nothing happens in her world unless Matt and Kevin and Amity discuss it first.
And, as usual, Sullivan misunderstood her point.
ReplyDeleteBut he did get in a good zinger--"this faux world-weary, pox-on-both-your-houses excuse-making for one of the most fiscally reckless presidencies in history won't play."
ReplyDeleteSullivan misses what's MOST wrong about what she says: "...piling up a wad of cash...". Paying down the debt is NOT piling up a wad of cash. Since even she has the minimum intelligence required to understand this, she's being about intellectually dishonest as is humanly possible.
ReplyDeleteIn Sullivan's defense,it's impossible to cover every wrong statement in one of her posts.
ReplyDeleteI have to wonder about the mentality of someone who hired Sullivan, McArdle, Goldberg, and the rest of the merry gang. Whoever it was has an uncanny eye for opportuism and self-love.