re Squawk Box

Just in case you’ve ever been taken in by the blowing gales of opinion on CNBC’s Squawk Box here’s a post from Krugman.  The comments following are worth some time, too.

Zombies on CNBC

 Wow. I just did Squawk Box — allegedly about my book, but we never got there. Instead it was one zombie idea after another — Europe is collapsing because of big government, health care is terribly rationed in France, we can save lots of money by denying Medicare to billionaires, on and on.

Among other things, people getting their news from sources like that are probably getting terrible advice about any kind of investment that depends on macroeconomics. But it’s amazing just how skewed the policy views are too.

All that and having to get to Englewood Cliffs, too.

full posting 

One Response to re Squawk Box

  1. Bob Whitson says:

    I agree
    I just have to turn it off
    Bloomburg TV is a better–center of the road–business channel
    Bob

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