Lou Gets Bluer

Lou Dobbs continues to prove that an understanding of economics scrabbled together from op-ed pages and Newsweek columns is no obstacle to being taken seriously on the subject of those scaaaaaary trade deficits. He notes that Alan Greenspan is remarkably unconcerned about this—it doesn't occur to him that this may be for reasons other than Greenspan's failure to attend to the teachings of Lou Dobbs. Someone give this man an econ 101 textbook so he can chill out and have a sandwich.