The NY Times Failure of Logic

by Karl Denninger

There’s an old saying that goes something like this:

“One definition of insanity is doing the same thing over and over again but expecting different results.”

That would fit the NY Times editorial board.

In the United States, nearly one-third of adults, about 76 million people, are either “struggling to get by” or “just getting by,” according to the third annual survey of households by the Federal Reserve Board.

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