Top Marginal Tax Rates Over Time
DeLong: Reply to Luigi Zingales

This Week in Journamalism

Ezra Klein on the horrible monstrosity that is the New York Times:

EzraKlein Archive | The American Prospect: For months, the New York Times has been complaining that they've been stiffed by Barack Obama. Tradition has it that the president sits with them for a pre-inauguration interview. Obama didn't. And nor did he give them a quick post-inauguration interview. But he gave them 35 minutes this week. Finally. At long last. The Paper of Record gets a crack at the young president. They asked:

"The first six weeks have given people a glimpse of your spending priorities. Are you a socialist as some people have suggested?"

Obama said no. But these are serious journalists. So they followed up.

"Is there anything wrong with saying yes?" And then: "So to people who suggested that you are more liberal than you suggested on the campaign, you say, what?" And then: "Is there one word name for your philosophy? If you’re not a socialist, are you a liberal? Are you progressive? One word?"

The economy is collapsing. The Omnibus bill is flailing in the Senate. The Treasury Department still needs a workable approach to the banks. Why is the New York Times wasting Obama's day -- and their 35 minutes of interview time -- with these gotchas? Did they really think he would slip and admit that his stimulus plan was cadged from a footnote in Das Kapital?