In Paul Krugman s Upper West Side Bubble, All Is Well Issues & Insights
After Richard Nixon s landslide victory over leftist George McGovern in 1972, New York Times movie critic Pauline Kael supposedly said: How could Nixon have won? Nobody I know voted for him.
This weekend, current New York Times columnist Paul Krugman outdid Kael in the utterly-clueless-liberal-bubble department.
On CNN Sunday, Krugman said that the big problem with the economy today is that media are unfairly writing negative stories about it. I think that what s happening now is that there s been a kind of a negativity bias in coverage, he said.
Then Krugman went full Kael, telling CNN s Brian Stelter, if you ask people, How are you doing? they are pretty they re pretty upbeat & if you ask people, How s your financial situation? it s pretty favorable.
Well this comes as a great relief.