Tuesday, July 2, 2013

Reality? We Don't Need No Stinkin' Reality

Interesting back and forth between Paul Krugman, liberal economist, and Erick Erickson, conservative... uh... I have no idea what he is; other than the fact that he still has credibility on that side of reality. He claimed the price of milk is going up. Krugman pointed out that's false:

Seriously, Paul's point is correct, but it is an issue of perception of people versus the reality of his chart.  He can certainly go tell people milk prices haven't gone up, but good luck getting them to believe him.
UPDATE (12:59 p.m.): Krugman responds on his blog: "Ok, this is awesome":
...Erickson’s response is, hey, it isn’t true, but people feel that it’s true... Notice, by the way, the implication that I don’t appreciate the problems real people ... are facing; actually, I do, but those problems are lack of jobs and stagnant wages, not rising prices. And if you want to solve problems, getting the nature of those problems right matters.
But then, only elitists want to solve problems; true men of the people just vent, and what matters is perception, not truth.
How much clearer does it need to get before people of teabag persuasion wake up?

[Image source]

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