Robert Samuelson: Goodbye, readers…

As regular readers know, I write on the economy and its connection with society and politics. Over the years, I’ve explored dozens of subjects: recessions, inflation, executive pay, budget deficits, climate change, poverty, the welfare state, trade, taxes, aging, cybersecurity, China, the stock market — and many others. So far as I can tell, nothing that I have written has ever had the slightest effect on what actually happened. A long period of solid economic growth — labeled the Great Moderation by economists — fueled easy credit, shaky loans, defaults and insolvent lenders. Goodbye and good luck — you’ll need as much help as you can get.

Har!

Robert J. Samuelson wrote a twice-weekly economics column. Both appeared in the Washington Post online, and one usually ran in The Washington Post in print on Mondays.

Fox News shares the blame!

Throughout history, presidents have singled out particular reporters for special access …Donald Trump, however, has gone far beyond past practices to favor an entire news organization, Fox News. In return, Fox gives Trump fawning, obsequious coverage, according to a new book, Hoax: Donald Trump, Fox News, and the Dangerous Distortion of the Truth, by CNN’s media analyst Brian Stelter. In great detail, he shows how access to Trump can make or break careers at Fox, with millions upon millions of dollars in ratings-driven compensation at stake.

Special thanks to Barry Ritholtz for offering this article and link. I wouldn’t have seen it otherwise. Keeping ahead on economics and politics is his gig. He’s one of the best.