Why You Shouldn't Trust Speaker Boehner's "150 Economists"

May 20, 2011 3:07 pm ET

Over the last three months, House Speaker John Boehner (R-OH) has repeatedly touted a letter he sent to President Obama in February signed by 150 American economists opposed to the administration's economic policies. The list of economists seems to suggest that experts in the field agree with Boehner. But a closer inspection reveals that many have made baseless predictions in the past, some endorse fringe economic ideas, many are employed by entities that receive funding from the Koch brothers, and others have used extreme partisan rhetoric to attack President Obama and other Democrats. Worse, 43 of the 150 economists previously signed a letter stating President Bush's tax cuts were "fiscally responsible." Boehner was hoping for credibility, but many of these economists are just not credible, even by the standards of conservative economics.

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