Dean Baker: 5 of the Biggest Economic Lies Pushed by the Washington Post

Another attempt by DC's "very serious people" to fan fake generational warfare.

The Washington Post's Catherine Rampell devoted her Christmas day column to a popular Washington past-time: trying to get young people angry at their parents and grandparents so that they are not bothered by the enormous upward redistribution of income taking place in this country.

She begins the piece by telling readers that college students are wasting their time complaining about diversity issues and sensitivity to racism and sexism, then gets to the meat of the story:

“Older generations have racked up trillions in debt and stuck young people with the bill. This is not just due to expensive wars, unfunded tax cuts, Keynesian financial interventions and the other usual scapegoats for fiscal profligacy.