Niall Ferguson's Newsweek cover story "Hit the Road, Barack" has attracted lots of the wrong kind of attention. As Dean Baker put it: It's hard to believe that progressive bloggers didn't get together to pay Newsweek to run Niall Ferguson's piece on Obama. The thing is so shot full of easily identifiable errors no serious publication would ever allow it into print. But printed it was–a lengthy cover-story argument against re-electing Obama, based on an array of charts and economic facts that the Harvard professor believes bolster his case. The first–and arguably most important–error was flagged in a blog post [...]
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