RUTHFULLY YOURS

https://www.theeditors.com/p/wall-street-journal-fuels-sanders-socialism-gabriel-zucman-billionaires?utm_source=post-email-title&publication_

My morning Wall Street Journal had a box on the front page with a graphic headlined “The Rich Get Even Richer,” teasing a news article inside under the headline “Richest of Rich Gain $1 Trillion.”

That eight-paragraph article on page two included six paragraphs that contained mention of or attribution to Gabriel Zucman, an economist at the University of California, Berkeley. The page-two graphic, which is bigger than the story, is also attributed, in fine print, to “Gabriel Zucman, analysis of Forbes, Fortune, and Federal Reserve data….”

This is garbage on so many levels it’s hard to know where to start.

For one thing, Zucman is just one economist of many, and he’s not super-credible. The New York Times reported in 2020: “Other economists, including some who held top jobs under past Democratic presidents, have attacked Mr. Zucman and Mr. Saez over their research methods, their policy conclusions and their data. Conservative economists say their proposals would cripple economic growth. Last year, the faculty at Harvard’s Kennedy School of Government voted to offer Mr. Zucman, 33, a tenured position. But Harvard’s president and provost nixed the offer, partly over fears that Mr. Zucman’s research could not support the arguments he was making in the political arena, according to people involved in the process.”

For another thing, the present tense of the front-page and page-two headlines isn’t supported by this year’s reality, at least to date. The richest of the rich have taken a hit this year so far owing to the stock market downturn related to the Trump tariffs, Congress’s slow motion on a tax cut bill, the Federal Reserve’s decisions to stop cutting interest rates since Trump’s inauguration, or whatever else you want to blame it on. Zucman wants to talk about how much richer the rich got in 2024 because it supports his policy agenda of raising taxes, but he doesn’t want to talk about how these same people saw their wealth plunge in 2025 because so much of their assets are at risk, tied up in stock of companies that they built. The Journal items would have been good headlines four months ago. Now, they read like old news. And anyone who has been on one of those Forbes lists can tell you how reliable or unreliable they are. They are not exactly chacarterized by super-high high precision. When I was at the New York Sun we once figured out that Forbes was counting Michael Bloomberg as worth $5 billion when the real number was more like $20 billion. In its prime, the Wall Street Journal did its own research on this stuff, rather than rely on some left-wing economist’s regurgitation of numbers from Forbes. Garbage in, garbage out, as they say in social science research.

I rolled my eyes and put the newspaper away. The editorial page is so strong—Ruth Wisse!, etc.—that I cut the news columns some slack.

Then I opened up X on my phone and saw Bernie Sanders, the socialist senator from Vermont, making a talking point out of the Journal story.

“Today in America, the rich are getting richer & working families are struggling. What is Mr. Trump doing about this? He’s getting ready to give tax cuts to billionaires while making it harder for Americans to access the Medicare, Social Security & veterans benefits they earned,” Sanders posted, with a screenshot of the Journal story and the “WSJ” logo.

https://www.frontpagemag.com/larry-david-mocks-trump-as-hitler-in-the-ny-times-now-but-the-paper-fawned-over-adolf-in-33/

“Imagine my surprise,” writes left-of-Stalin-himself “comedian” Larry David in a New York Times op-ed Monday, “when in the spring of 1939 a letter arrived at my house inviting me to dinner at the Old Chancellery with the world’s most reviled man, Adolf Hitler.”

Although Larry has looked about 105 years old for the last couple of decades and could be even older, he wasn’t actually reporting on something that happened to him. He was mocking and indirectly excoriating his fellow leftist Bill Maher for meeting Trump and speaking honestly about the meeting, telling the world that Trump really wasn’t the evil monster of leftist propaganda.

Yeah, wow, what an amazing new comedic idea: Trump is Hitler! Larry, how did you ever come up with this fantastic analogy that no one on planet Earth has ever thought of before? As PJM’s own Scott Pinsker put it, Larry David’s op-ed was “astonishingly tone-deaf” as “became the 500 millionth member of the left to think it’s clever, witty, and daring to compare President Trump to Adolf Hitler.” Scott called it (correctly) the “dopiest, sleaziest NYT op-ed in years.”

It could, in fact, be the dopiest, sleaziest, most tone-deaf New York Times article of any kind since July 9, 1933, just over five months after Hitler became the chancellor of Germany, and years after his virulent antisemitism and propensity for violence had become notorious worldwide. On that day, the New York Times published a fawning puff piece on Hitler that rivals even today’s media adulation of Kamala Harris during her campaign and of Old Joe Biden during his presidency. It bears more than a little resemblance to Larry David’s imaginary dinner with Hitler, but it is all too real.

Pulitzer Prize-winning “journalist” Anne O’Hare McCormick traveled to Berlin to become the first reporter from an American news outlet to interview the new chancellor, and she turned out to be an intriguing choice for the Times editors to make to conduct this interview, for she appears to have been something of a Hitler fan. In the presence of this man whose name has become today synonymous with evil, she was decidedly starry-eyed: “At first sight,” McCormick gushed, “the dictator of Germany seems a rather shy and simple man, younger than one expects, more robust, taller. His sun-browned face is full and is the mobile face of an orator. A shock of straight hair falls over his forehead.”