Paul Krugman: …. Today’s full-scale freakout over a decent jobs report is a sight to behold …. it’s ridiculous to imagine that the Obama administration could arrange (on short notice, no less) to cook the jobs numbers. The sheer logistics would be impossible, plus these are civil servants who have to live under both parties.
…. The thing is, although such antics are funny in a way, they’re also menacing. By attacking anyone who presents awkward facts, the right exerts an intimidating effect. It won’t get the BLS to retract today’s jobs report, but it might bully news organizations into avoiding objective economic analysis, and maybe even into blurring their reporting right now.
Greg Sargent: Mitt Romney’s selection of Paul Ryan as his vice presidential nominee has drawn national attention to Ryan’s Medicare plan. One measure of this: Rob Zerban, the Democrat challenging Ryan for his House seat in Wisconsin, has been able to raise some $770,000 for his race — outraising Ryan himself.
According to the Zerban campaign, 84 percent of his contributions come from outside Wisconsin, underscoring the intensity of feeling among Democrats nationally towards Ryan and his plan.
In this context, the new ad that Zerban is set to run against Ryan is worth watching….
Washington Post editorial: Here is one way to distill the confusing charges and countercharges of the first presidential debate:
President Obama has no adequate plan to cope with the frightening level of debt the U.S. government is accumulating. His proposal would only worsen the level of U.S. debt.
Republican nominee Mitt Romney has a plan to make it worse.
To understand that harsh assessment, you have to spend a few minutes with some facts that Mr. Romney did his best to obscure Wednesday.
“First of all, I don’t have a $5 trillion tax cut,” he said. In fact, Mr. Romney has proposed lowering income tax rates, abolishing the estate tax and making other changes that would cost $5 trillion over 10 years…..
…. The Republican cites studies that he says prove that wrong, but when you look closely, they prove him wrong….
…. here’s the really scary part: Mr. Romney’s plan is irresponsible, even if he could pay for it….