The people quoted in the recent Vanity Fair piece on “neocons” having second thoughts aren’t very impressed with it:
Richard Perle: Vanity Fair has rushed to publish a few sound bites from a lengthy discussion with David Rose. Concerned that anything I might say could be used to influence the public debate on Iraq just prior to Tuesday
I know that this post will bring out the usual anonymous morons with their stupid and discredited “chickenhawk” argument in comments, but Michael Fumento isn’t very impressed with the media performance in Iraq:
Most rear-echelon reporters seem to have studied the same handbook, perhaps The Dummies
Paul Krugman brought some great analysis of economics, the dismal science, to the New York Times Op-Ed page, but has consistently beat the drum in recent years for being dismal about every Bush decision and inaction. I am going to start an anti-Krugman column to take apart each criticism. These antibodies might allow us to have a debate that would allow both less reactive talking points for Democrats and more constructive criticism for the Administration.
The Krugman column is behind the Times Select wall. The cheapest way to pierce this wall is to order home delivery of the Times and go on regular three-month vacations.
Today’s Krugman column has the title “King of Pain”.
Evidence of flipping in hot markets suggesting bubble
Pollyanna “what a perfectly lovely, lovely house! How awfully glad you must be you’re so rich!”
No capital gains taxes
Thick mortgage backed securities market
Fewer new buyers chasing money
Falling real estate commissions
Rising incomes
Changing commuting patterns
“breathtaking profit”
Active Federal Reserve Board
Industry sensitive to interest rates
Rising population
Middle income wages rising in money terms
Median age rising
Family size falling
Rise in ownership of 2nd homes
Rise in telecommuting
Home entertainment such as video games eclipsing movies
Capitalization and standardization of home building industry (e.g. Toll Brothers)
A moderation in an accellerator suggests just a slow-down in the rate of growth of housing prices to me, but don’t listen to me–I just cashed out a 40% capital gain in my last house tax free and locked in a super low rate from a private equity mortgage lender and didn’t use a real estate agent to buy and used a cut commission agent to sell. Clearly I’m a Pollyanna.
Add to that my first piece on 60 Minutes on the illnesses that thousands of first responders are experiencing five years after September 11th. To be a part of that broadcast was needless to say, an enormous thrill. My father called me afterwards and said,
Megan McArdle and Stuart Buck have an opinion piece in the Washington Examiner on the innumeracy, economic and otherwise, of many reporters:
…many conservative readers attributed the misleading figures to liberal media bias. But it is more likely ignorance than malice. Every year, scores of fledgling journalists pour out of liberal arts programs. Though many will need to pick through mountains of statistics in search of the truth, few have been taught the skills to do it.
They quickly become victims of advocacy groups pushing skewed statistics. Through ignorance, they may also start manufacturing their own flawed numbers. Since number-crunching beats (such as business and finance) are generally viewed as a tedious waystation en route to more interesting beats, few are enthusiastic about developing these skills. And their editors may not be in any position to help them.
The problem is compounded by the fact that journalists who do know how to read a balance sheet, run a regression, or analyze economic data, can generally get a job that pays a lot more than journalism. Some stay in the field out of love for their work (journalism is a really great job), but in our experience some of the best flee to greener pastures.
Megan McArdle and Stuart Buck have an opinion piece in the Washington Examiner on the innumeracy, economic and otherwise, of many reporters:
…many conservative readers attributed the misleading figures to liberal media bias. But it is more likely ignorance than malice. Every year, scores of fledgling journalists pour out of liberal arts programs. Though many will need to pick through mountains of statistics in search of the truth, few have been taught the skills to do it.
They quickly become victims of advocacy groups pushing skewed statistics. Through ignorance, they may also start manufacturing their own flawed numbers. Since number-crunching beats (such as business and finance) are generally viewed as a tedious waystation en route to more interesting beats, few are enthusiastic about developing these skills. And their editors may not be in any position to help them.
The problem is compounded by the fact that journalists who do know how to read a balance sheet, run a regression, or analyze economic data, can generally get a job that pays a lot more than journalism. Some stay in the field out of love for their work (journalism is a really great job), but in our experience some of the best flee to greener pastures.
Megan McArdle and Stuart Buck have an opinion piece in the Washington Examiner on the innumeracy, economic and otherwise, of many reporters:
…many conservative readers attributed the misleading figures to liberal media bias. But it is more likely ignorance than malice. Every year, scores of fledgling journalists pour out of liberal arts programs. Though many will need to pick through mountains of statistics in search of the truth, few have been taught the skills to do it.
They quickly become victims of advocacy groups pushing skewed statistics. Through ignorance, they may also start manufacturing their own flawed numbers. Since number-crunching beats (such as business and finance) are generally viewed as a tedious waystation en route to more interesting beats, few are enthusiastic about developing these skills. And their editors may not be in any position to help them.
The problem is compounded by the fact that journalists who do know how to read a balance sheet, run a regression, or analyze economic data, can generally get a job that pays a lot more than journalism. Some stay in the field out of love for their work (journalism is a really great job), but in our experience some of the best flee to greener pastures.
A long interview with a contractor in Iraq on the misreporting and malreporting of that country:
For all the complexities and risks associated with our work, (I carried two calculators, satellite and computer equipment, and a ridiculously heavy AKSU-74 submachine gun around with me most of the time) it was impossible for us to miss seeing what coalition and Iraqi forces were dealing with. Let me please emphasize that. If we simply woke up in the morning, walked outside and did our jobs, it was completely impossible to miss the profound efforts and accomplishments of coalition and Iraqi forces in securing and rebuilding the national infrastructure.
But it wasn’t impossible for the western press to miss. In fact, as I think about it, it’s quite possible they’ve actually missed the whole war. Unless reporting can be described as burying oneself in a few relatively safe places with others of one’s own kind, they have missed far more than they have covered. It is difficult for myself and many others to have respect for western journalists in Iraq because they so very rarely committed themselves to actually going out and covering what was going on.
When you get the milk for free? Mark Steyn can’t figure out why the Jihadis even bother to abduct journalists:
Did you see that video of the two Fox journalists announcing they’d converted to Islam? The larger problem, it seems to me, is that much of the rest of the Western media have also converted to Islam, and there seems to be no way to get them to convert back to journalism.
…One can understand the agonies the politically correct multicultural journalist must go through, distressed at the thought that an infelicitous phrasing might perpetuate unfortunate stereotypes of young Muslim males. But, even so, it’s quite a leap to omit the most pertinent fact and leave the impression the Sydney constabulary are combing the city for mullets. The Boston Globe’s Jeff Jacoby wrote the other day about how American children’s books are “sacrificing truth on the altar of political correctness.” But there seems to be quite a lot of that in the grown-up comics, too. And, as I’ve said before, it’s never a good idea to put reality up for grabs. There may come a time when you need it.