May 11, 2011 10:40 AM Boehner’s functionally illiterate on economic policy
House Speaker John Boehner (R-Ohio) appears to have made a terrible error in his speech to the Economic Club of New York on Monday. His mistake was sharing with the audience his actual beliefs, which upon even cursory examination, are so conspicuously unintelligent, it’s rather alarming.
Bloomberg News examined Boehner’s assessment of existing U.S. economic policies and found that the House Speaker “built his case on several assertions that are contradicted by market indicators and government reports.” Jonathan Chait took a closer look at Boehner’s remarks on tax policy and discovered they were “gibberish.”
And the Washington Post’s Ruth Marcus scrutinized the speech and discovered that Boehner is relying on an “incoherent, impervious-to-facts economic philosophy.”