Why We Would Be Better Off without the New York Times: Yet Another David Brooks Edition

Outsourced to Dean Baker:

David Brooks and the Power of Magical Thinking at the NYT: David Brooks doesn't like the stimulus.... Today he engages in... magical thinking.... His first invention is telling us: "deficit spending in the middle of a debt crisis has different psychological effects than deficit spending at other times." This is very interesting, what "debt crisis" is Brooks referring to? We can point to a debt crisis in Greece, and arguably Portugal and Spain, but it is not...