March 7, 2004
MarkBernstein.org
 

Pretending

Did you hear how the Bush administration plans to fix the decline in quality jobs? They're going to reclassify fast food jobs as "manufacturing" in time for the election.

Seriously, Paul Krugman shows, in one clear graph, how the government's forecasts are not really forecasts.

What you see in this chart is the signature of a corrupted policy process, in which political propaganda takes the place of professional analysis.