A valuable news report can have a misleading headline that the reporters (off the record) disavow. The excellent graphic in the New York Times yesterday was headlined with a question: "Can a President Tame the Business Cycle?" This is like asking: "Can a President End Poverty?" They are both misleading questions leading to an inappropriately negative answer.
The chart depicts the consequences of the economic policies of recent presidents. It shows what an economic disaster Dubya's administration has...
]]>