Wall Street Journal, 200 Liberty Street, New York NY 10281, Tel:
212-416-2000.
New York's daily "Wall Street Journal" (founded 1889, circulation
1,919,355) is the most influential business newspaper in the world,
although you'd never guess this from reading the paper's whiny editorial
page. Beleaguered "Journal" editor Robert Bartley has just brought out a
book, "The Seven Fat Years," that blames sinister "elites" for deluding
millions of everyday Americans into thinking they've got economic
problems. In fact, Bartley claims, it's raining soup. If the scales fell
from our eyes, he argues, we'd opt for the "rational" choice -- a
continuation of the "Journal"-approved supply-side economics that have
beggared the richest country in the world. Bartley supports himself with
ingenious arguments that suppress all contradictory evidence -- starting
with the everyday experience of the millions of us who don't live inside
Bartley's hermetically-sealed intellectual universe.
The paper's invaluable news pages, fortunately, are edited on a
different planet. The long feature stories that begin on page one are
models of their kind. Parent corporation Dow Jones, meanwhile, is making
more money on its electronic services than on the "Journal"; price per
issue is up to seventy-five cents.
-- Steve Badrich
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