The Washington Post's Entry in the "How Many Big Things Can You Get Wrong in a Short Article?" Contest

cepr.net — The Washington Post appears to have outdone itself in a discussion of the politics surrounding the foreclosure crisis. For beginners, it told readers that:

"Reviving the economy requires repairing the housing market."

What does the Post possibly think it means by this statement? Does it mean that reviving the economy means re-inflating the housing bubble? That's a novel economic theory. Maybe they should find an economist who won't laugh at it.

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