Thursday, April 25, 2013

Colbert Demolishes Reinhart/Rogoff Austerity Report

One of the foundational reports used by austerians from Rep. Paul "Lyin'" Ryan to the editorial board of the once great Washington Post Kaplan Daily was produced in the Year of the Teabaggers  (2010) by right-wing Harvard economists Carmen Reinhart and Kenneth Rogoff.  One slight problem:  it was b.s.  Stephen Colbert has the goods, with a bonus appearance in part II by the UMass graduate student who exposed the flaws: