Brad DeLong isn’t too impressed with the report on September new jobs in The Washington Post. He concludes:
One possible explanation is that both Henderson nor Baker are sufficiently lazy and stupid that they have managed to proceed through life writing about economics and politics while remaining completely ignorant of the difference between increases in nominal wages and real wages, and they have done so in a newsroom in which getting the story right is simply not a priority.
Other alternative explanations are more discreditable.
NewMexiKen wonders if it is possible that much of the news media was always this bad, and we just didn’t have the resources to know. Or has the news media just gone downhill that fast — especially The Washington Post?
On the other hand, TPM Muckraker finds some journalists to admire, those at the San Diego Union-Tribune. It seems former Rep. Duke Cunningham has written the paper a self-serving, you’re the cause of all my travail letter from prison. (Follow link to read some of the letter.)
I imagine the letter was difficult for the reporters to read — blinded, as they were, by the light glancing off the Pulitzer prizes they won by helping land Duke in jail.
Meanwhile Digby has this revelation:
I know this will come as a great shock to everyone, but it appears that Hastert may have lied about what he knew and when he knew it.