Wednesday, March 26, 2014

Hot tip from Ezra Klein’s new site: Stop freaking out about the national debt « Hot Air

Hot tip from Ezra Klein’s new site: Stop freaking out about the national debt « Hot Air: "Of all the current affairs they could be usefully Voxplaining to the BuzzFeed generation right now — a primer on Crimean geopolitics or Venezuela post-Chavez, a quickie take on what the Fed’s “taper” could mean to the average paycheck, etc — it’s revealing that they put out a sort of Krugman-for-kindergarteners video like this. Also revealing is how self-contained it is: There’s no hint of counterarguments, like, say, what growing interest payments on ballooning debt will do to a federal budget that’s already slowly being cannibalized by Medicare, nor is there even a hint that the issue might be more complex than this. That’s smart rhetorically, especially given the time constraints, but … complicates, shall we say, the site’s pretensions to explanation. What sort of “explanatory journalism” launches by encouraging its readers not to spend too much time thinking about a particular subject, especially one this politically salient?"



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