Megan links to a big mistake spotted at the WaPo, which is about one more made up story or story built around bogus rumors from reduction to a total laughing-stock.
I'd also argue that to eliminate this sort of exchange rate confusion, Baker should have used PPP in constant dollars. That figure yields a much more favorable assessment of NAFTA--although still one that makes the Washington Post look wildly off.My question (Other than, "What's PPP?" And no, don't bother answering; even if you know, I just don't care.): Is Ms. McArdle suggesting that Baker should lie, cheat & steal in order to get his desired (pro-NAFTA?) message across? Will that make people trust Megan even less? She must be in favor of it, it's good for corporations & bad for workers, right?
Megastats: But one lonely post today. Must've been quite a wknd.
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