Reputable number-crunchers like Moody’s Analytics and some top-tier economists of both parties said Boehner’s statement would have little or no impact on the short-term employment problem. So who were these 132 economists? With a few exceptions they were academics from off-the-beaten-path colleges (no offense to Dakota State University), bloggers (the Calafia Beach Pundit?) and economists from devoutly libertarian think tanks.
And he went on to say:
Surely this dilution of authority contributes to our national paralysis. At the very least it befogs the discussion and fosters a pervasive cynicism.
I hasten to add that while Bill Keller and I graduated from Pomona College within a year of each other, I would like to think my training in philosophy (under the expert hand of the late Professor Fred Sontag) allowed me to keep a more open mind. Wisdom and experience do not come only to those in positions of "authority."
UPDATE: Another of the 132 signers of Boehner's letter writes a devastating critique of Keller's use and mis-use of economic theory in his Forbes column.