New York Times FAIL

Why oh why can't we have a better press corps?

The New York Times gives space to David Einhorn to... tell lies. Dean Baker observes:

Looniness in the Cause of Deficit Reduction at the NYT: David Einhorn.... Einhorn is a bit more knowledgeable about basic economics than many of those who worry that the United States will be unable to find investors to buy its debt. Since he has heard of the Federal Reserve Board, he recognizes that the actual concern should be inflation, not...