Don't Read Newsweek, It's No Better Than A Supermarket Tabloid
Paul Krugman has the facts -- something that Newsweek (No, I'm not going to link to it) apparently thought was totally unimportant and unnecessary in its current cover story -- here.
After the author -- former McCain advisor Niall Ferguson -- incorrectly wrote in that story that health care reform would increase the deficit, Krugman set the record straight. Here's the money quote:
But anyone who actually read, or even skimmed, the CBO report (pdf) knows that it found that the ACA would reduce, not increase, the deficit — because the insurance subsidies were fully paid for.
Here's more direct criticism of the story.
The story is garbage; a screed that deliberately misstates facts and as far as I'm concerned disqualifies the author from being taken seriously ever again.
But that fact that Newsweek would publish it without fact checking calls into question its seriousness as even an opinion magazine (It's clearly no longer has anything to do with news). It allowed one of it's writers to lie. That makes it no better than the National Enquirer.