This is the economic illiterate who once famously wrote in one of his increasingly deluded columns: "There is no such thing as 'the deficit.' Because assets must equal liabilities, the budget is always really balanced, whether Republicans trying to cut the safety net want to admit it or not."
In those days, George Will had not yet gone off his rocker, and when Broder brought his novel economic theory to a roundtable discussion, Will sarcastically noted in response, "Right. That's why no business has ever failed." To my knowledge Broder's bright idea died on the table before his eyes, and he never brought it up again.
#FakeNews, as your post affirms, is nothing new.
Bttt!