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Heritage Shock [Paul Krugman steps in it, again]
The New York Times ^ | June 5, 2013 | Paul Krugman

Posted on 06/08/2013 10:23:42 AM PDT by 1rudeboy

OK, this is really shocking: a Heritage Foundation economist [Dr. Salim Furth] has been accused of presenting false, deliberately misleading data and analysis to the Senate Budget Committee.

What’s so shocking? Not the false, misleading data and analysis — that’s SOP at Heritage. Remember the disappearing forecast of 2.8 percent unemployment under the Ryan plan, and various other Heritage escapades? What’s shocking is that they got called on it, in real time.

The claim in particular, by the way, is widely popular on the right; it’s the claim that there isn’t any real austerity in Europe. Wonkbook goes through some of the reasons this is wrong, aside from the simple walk-around-any-city-and-take-a-look test.

(Excerpt) Read more at krugman.blogs.nytimes.com ...


TOPICS: Business/Economy; Editorial; Foreign Affairs; Politics/Elections; US: New York; US: Rhode Island
KEYWORDS: demagogicparty; eussr; heritagefoundation; newyork; newyorkcity; newyorkcrimes; newyorkslimes; newyorktimes; partisanmediashill; partisanmediashills; paulkrugman; rhodeisland; salimfurth; sheldonwhitehouse; stevenlandsburg
Dr. Steven Landsburg responds:

When a politician misleads the public with distorted or flat-out fictional data, or uses eight minutes of national TV time to smear the character of the careful scholar who dared to report an inconvenient set of facts, you can always count on Paul Krugman of the New York Times to leap to the defense of truth and honesty — or, alternatively, to jump on the bandwagon if the politician happens to be a Democrat.

Here, you see, is what happened this week: Salim Furth, an economist at the Heritage Foundation (and a graduate of the University of Rochester, where I knew him to be a thoughtful and honest researcher) testified before the Senate budget committee, where he presented data from the Organisation for Economic Cooperation and Development (OECD) showing that most European governments have recently increased their spending. (This isn’t surprising for several reasons, one of which is that governments often spend more in recessionary times.)

Enter Senator Sheldon Whitehouse of Rhode Island, who spent eight excruciating televised minutes lambasting Furth and questioning his honesty, by reading out OECD numbers that differed dramatically from what Furth had reported. Some choice comments:

Dr. Furth, I am very concerned about your testimony….

When I look at the graph, for instance, which you source to the OECD — did you actually look at what the OECD says?….

They’ve actually written what the numbers are. And here’s what the numbers actually are, according to the OECD….

I am concerned that your testimony to this committee has been meretricious…I am contesting whether you have given us fair and accurate information.

And then there’s another eight minutes of reading out numbers that are, Senator Whitehouse keeps reminding us actually from the OECD, as opposed to these other numbers reported by Furth, which Furth claims are from the OECD, but obviously can’t be, because Whitehouse has the actual OECD numbers right here, and look how different they are — all of this interspersed with a barrage of attacks on Furth’s character and integrity. (See the video below, if you have the stomach for it.) [link at source]

Now here’s the thing: There are a couple of legitimate reasons why Furth’s and Whitehouse’s numbers don’t agree. The first is that they’re for different time periods. Furth’s are for the years 2007-2012, while Senator Whitehouse’s are for the years 2009-2016. That’s right, 2016. Which brings us to the other reason these numbers differ: Furth’s come from the historical record, while Senator Whitehouse’s come from somebody’s ass.

Source: Lies and Lying Liars [excerpted], The Big Questions, June 7, 2013.


1 posted on 06/08/2013 10:23:42 AM PDT by 1rudeboy
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To: Toddsterpatriot; Mase; expat_panama; 1010RD

Lots of interesting links, here.


2 posted on 06/08/2013 10:25:07 AM PDT by 1rudeboy
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To: 1rudeboy

Whatever, Krugman. Or should I say Kang?


3 posted on 06/08/2013 10:28:59 AM PDT by Hardraade (http://junipersec.wordpress.com (Obama equals Osama))
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To: 1rudeboy

“Which brings us to the other reason these numbers differ: Furth’s come from the historical record, while Senator Whitehouse’s come from somebody’s ass.”

LOL! Touché!


4 posted on 06/08/2013 10:34:07 AM PDT by headstamp 2 (What would Scooby do?)
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To: 1rudeboy
the other reason these numbers differ: Furth’s come from the historical record, while Senator Whitehouse’s come from somebody’s ass.

well said...

5 posted on 06/08/2013 10:34:54 AM PDT by expat_panama
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To: 1rudeboy
Krugman works for the New York Times. Ergo, he's a paid liar.
6 posted on 06/08/2013 12:01:09 PM PDT by TBP (Obama lies, Granny dies.)
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To: Olog-hai; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Thanks 1rudeboy. Dr. Steven Landsburg:
Salim Furth, an economist at the Heritage Foundation (and a graduate of the University of Rochester, where I knew him to be a thoughtful and honest researcher) testified before the Senate budget committee, where he presented data from the Organisation for Economic Cooperation and Development (OECD) showing that most European governments have recently increased their spending. (This isn’t surprising for several reasons, one of which is that governments often spend more in recessionary times.)

7 posted on 06/08/2013 12:23:57 PM PDT by SunkenCiv (McCain would have been worse, if you're a dumb ass.)
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The Obama Tax Hike

to go with

The Obama Recession

There are a couple of legitimate reasons why Furth’s and Whitehouse’s numbers don’t agree. The first is that they’re for different time periods. Furth’s are for the years 2007-2012, while Senator Whitehouse’s are for the years 2009-2016. That’s right, 2016. Which brings us to the other reason these numbers differ: Furth’s come from the historical record, while Senator Whitehouse’s come from somebody’s ass.

8 posted on 06/08/2013 12:26:42 PM PDT by SunkenCiv (McCain would have been worse, if you're a dumb ass.)
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To: 1rudeboy
LOL!
Krugman caught lying... again !

Krugman and the Gray Old Whore... perfect together.

9 posted on 06/08/2013 12:30:16 PM PDT by Lancey Howard
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To: 1rudeboy
Which brings us to the other reason these numbers differ: Furth’s come from the historical record, while Senator Whitehouse’s come from somebody’s ass.

Now 'ats funny right dere.

10 posted on 06/08/2013 12:51:51 PM PDT by Steely Tom (If the Constitution can be a living document, I guess a corporation can be a person.)
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To: 1rudeboy
your testimony to this committee has been meretricious

I had to look that up.

meretricious |merəˈtri sh əs| adjective

1 apparently attractive but having in reality no value or integrity : meretricious souvenirs for the tourist trade.

2 archaic of, relating to, or characteristic of a prostitute.

Ouch.

11 posted on 06/09/2013 3:56:45 AM PDT by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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