Sabtu, 19 Januari 2013

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Slate Economics Writer: You Can’t Complaint about Debt if You Don’t Compain about Mortgages, or Something

Posted: 18 Jan 2013 11:04 AM PST

Hic Sunt Dracones Here Be DragonsMatthew Yglesias is the business and economics correspondent for Slate Magazine. He is also a fierce partisan progressive who has worked for the far-left new media outlets Think Progress and Talking Points Memo. Which Matthew Yglesias do you suppose tweeted this today, the professional economics writer or the partisan hack?

Here’s why I ask. Yglesias dropped a subtext into his tweet large enough to choke a bull elephant; namely that the “people who think debt is irresponsible” are conservatives who believe a $16 trillion national debt and, more importantly, no plan to rein in that debt ever is tantamount to madness. He can’t be talking about an actual group of people who are entirely anti-debt, because no such group exists large enough to merit a Tweet from Yglesias. Not even generally debt-averse financial advisers like Dave Ramsey or Suze Orman are opposed to mortgages per se. Any reasonable competent business and economics correspondent wouldn’t say otherwise any more than a reasonably competent cartographer would make a map of the Earth with an edge beyond which is a yawning abyss full of dragons.

A partisan hack, on the other hand, would write anything. Why not? If your political foe says the Earth is round, draw up that flat-Earth map and ask them why they want everyone to sail into the mouths of hungry dragons. Or, to use the news of the day, ask why your political opponent wants schoolrooms soaked in the blood of murdered children. You won’t suffer any real consequences.

But, you know, maybe there should be consequences for such ridiculous hat-switching. I don’t see why anyone should one minute play themselves off as a serious economics writer and the other as a bomb-throwing partisan without some penalty, do you? Be one or the other. Be honest.

 

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