<div dir="ltr"><div class="gmail_default" style="font-family:comic sans ms,sans-serif;font-size:large;color:#000000"><br></div><div class="gmail_default" style="font-family:"comic sans ms",sans-serif;font-size:large;color:rgb(0,0,0)">Reaganomics:</div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">---------- Forwarded message ---------<br>From: <strong class="gmail_sendername" dir="auto">Paul Krugman</strong> <span dir="auto"><<a href="mailto:nytdirect@nytimes.com">nytdirect@nytimes.com</a>></span><br>Date: Tue, Dec 15, 2020 at 11:31 AM<br>Subject: Legend of the Gipper<br>To:  <<a href="mailto:foozler83@gmail.com">foozler83@gmail.com</a>><br></div><br><br><u></u><div>
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<div style="display:none;font-size:1px;color:#fff;line-height:1px;max-height:0;max-width:0;opacity:0;overflow:hidden">The truth about Ronald Reagan’s economic record.</div><div><table width="100%" align="left" border="0" style="margin:0" bgcolor="#FFFFFF"><tbody><tr><td id="m_1834925223512803342EMAIL_CONTAINER" align="left" width="100%"><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr style="width:100%"><td style="padding:15px 0 5px;border-bottom:1px solid #dcdcdc;text-align:center;width:100%"><div style="font-family:arial,sans-serif;font-size:12px;text-align:center;width:100%;padding-bottom:10px"><a href="https://nl.nytimes.com/f/a/MVtLRqBcASSXIWWV_H5mfA~~/AAAAAQA~/RgRhu3fyP4QnAWh0dHBzOi8vbWVzc2FnaW5nLWN1c3RvbS1uZXdzbGV0dGVycy5ueXRpbWVzLmNvbS90ZW1wbGF0ZS9vYWt2Mj9jYW1wYWlnbl9pZD0xMTYmZW1jPWVkaXRfcGtfMjAyMDEyMTUmaW5zdGFuY2VfaWQ9MjUwNjQmbmw9cGF1bC1rcnVnbWFuJnByb2R1Y3RDb2RlPVBLJnJlZ2lfaWQ9NjQxNTk3NzYmc2VnbWVudF9pZD00NzAxMiZ0ZT0xJnVyaT1ueXQlM0ElMkYlMkZuZXdzbGV0dGVyJTJGMzU1OGI3YWMtN2M0NS01OTg5LTk2MzItOTFlZjI2YmI0ZDM0JnVzZXJfaWQ9NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzhXA255dEIKACjy8thfi6yiaVITZm9vemxlcjgzQGdtYWlsLmNvbVgEAAAAAA~~" alt="View in browser" style="color:#666;text-decoration:none;line-height:18px" target="_blank">View in browser</a><span style="color:#dcdcdc;margin:0 10px">|</span><a href="https://nl.nytimes.com/f/a/PlIGKaW9vPHxwgh3zGmgLg~~/AAAAAQA~/RgRhu3fyP0SvaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" alt="The New York Times" style="color:#666;text-decoration:none;line-height:18px" target="_blank">nytimes.com</a></div><a href="#m_1834925223512803342_a11y-skip-ad-marquee" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">Continue reading the main story</a><span style="width:100%;text-align:center"><table border="0" cellpadding="0" cellspacing="0" align="center"><tbody><tr><td colspan="2" align="center"><a href="https://nl.nytimes.com/f/a/R0gHcW9NQ9ocejF11OV3nA~~/AAAAAQA~/RgRhu3fyP0RtaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NzAyMjE5JmxpPVBLJm09NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzgmcD1QS18yMDIwMTIxNVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" rel="nofollow" target="_blank"><img src="https://liveintent.newyorktimesinfo.com/imp?s=702219&li=PK&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215" border="0" width="600" style="width:100%;max-width:600px!important"></a></td></tr><tr><td height="10px"></td></tr></tbody></table></span></td></tr><tr style="width:100%" id="m_1834925223512803342_a11y-skip-ad-marquee"><td class="m_1834925223512803342css-kd0pk" style="border-bottom:1px solid #dcdcdc;padding:25px 0 20px;width:100%;text-align:center" width="100%" align="center"><div class="m_1834925223512803342css-1nu1ipb" style="margin-bottom:15px"><a href="https://nl.nytimes.com/f/a/SqUTvd17CF2U8bHN9Q7UhQ~~/AAAAAQA~/RgRhu3fyP0TCaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vY29sdW1uL3BhdWwta3J1Z21hbj9jYW1wYWlnbl9pZD0xMTYmZW1jPWVkaXRfcGtfMjAyMDEyMTUmaW5zdGFuY2VfaWQ9MjUwNjQmbmw9cGF1bC1rcnVnbWFuJnJlZ2lfaWQ9NjQxNTk3NzYmc2VnbWVudF9pZD00NzAxMiZ0ZT0xJnVzZXJfaWQ9NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzhXA255dEIKACjy8thfi6yiaVITZm9vemxlcjgzQGdtYWlsLmNvbVgEAAAAAA~~" alt="Paul Krugman" target="_blank"><img src="https://static01.nytimes.com/email-images/New_Headers/NYT-Headers-OP-PaulKrugman%402x.png" alt="Paul Krugman" style="width:300px" width="300"></a></div><p style="width:100%;margin-bottom:0;font:12px/12px georgia,serif">December 15, 2020</p></td></tr><tr><td height="20" width="100%" style="font-size:0;line-height:0"></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><table width="100%" cellspacing="0" cellpadding="0" style="border-spacing:0;font-family:arial,sans-serif;color:#333;padding:0;background:#fff"><tbody><tr><td style="width:100%;padding:0;line-height:1" width="100%"><img src="https://static01.nyt.com/images/2020/12/15/opinion/15KRUGMAN_PRINT/14krugmanWeb-articleLarge.jpg" class="m_1834925223512803342css-zh06no" style="display:block;width:100%;height:auto;padding-top:10px"></td></tr><tr><td class="m_1834925223512803342css-1am1dwg" style="text-align:right;width:100%;padding-top:5px;padding-bottom:10px;line-height:14px" width="100%" align="right"><span><span class="m_1834925223512803342css-atnqj9" style="margin:0;font:normal 14px georgia,serif;color:#666"></span><span class="m_1834925223512803342css-eu0g1z" style="margin:0;font:normal 11px georgia,serif;padding-left:0;color:#888;letter-spacing:.01em">Bettmann Archive/Getty Images</span></span></td></tr></tbody></table></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="direction:ltr;font-size:0;padding:0;text-align:left"><table cellpadding="0" cellspacing="0"><tbody><tr><td style="padding:0 9px 15px 0;vertical-align:middle" valign="middle"><a href="https://nl.nytimes.com/f/a/kwUZx-mEHrybCM71f0usLQ~~/AAAAAQA~/RgRhu3fyP0S-aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vYnkvcGF1bC1rcnVnbWFuP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" target="_blank"><img src="https://static01.nyt.com/images/2018/04/02/opinion/paul-krugman/paul-krugman-blogSmallThumb.png" alt="Author Headshot" style="width:45px;height:45px;border-radius:100%" width="45" height="45"></a></td><td style="padding:0 0 15px 0;vertical-align:middle" valign="middle"><p style="font:13px/18px arial,sans-serif;letter-spacing:.2px;color:#000;margin-bottom:0;font:600 13px/18px arial,sans-serif">By <a href="https://nl.nytimes.com/f/a/kwUZx-mEHrybCM71f0usLQ~~/AAAAAQA~/RgRhu3fyP0S-aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vYnkvcGF1bC1rcnVnbWFuP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" class="m_1834925223512803342css-1ckldco" style="color:inherit;text-decoration:none;border-bottom:1px solid #ccc" target="_blank">Paul Krugman</a></p><p style="font:13px/18px arial,sans-serif;letter-spacing:.2px;color:#000;margin-bottom:0">Opinion Columnist</p></td></tr></tbody></table></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px"><span style="font-style:italic;font-size:inherit">Programming note: This newsletter will be off for the holidays for the next two weeks. I’ll see you in your inbox again on Jan. 5.</span></p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px"><a href="https://nl.nytimes.com/f/newsletter/W3KL3ESXP0DL1rw4ETvBPQ~~/AAAAAQA~/RgRhu3fyP4QUAWh0dHBzOi8vd3d3Lm55dGltZXMuY29tLzIwMjAvMTIvMTQvb3Bpbmlvbi9yZXB1YmxpY2Fucy1yZWFnYW4tZGlzaW5mb3JtYXRpb24uaHRtbD9hY3Rpb249Y2xpY2smY2FtcGFpZ25faWQ9MTE2JmVtYz1lZGl0X3BrXzIwMjAxMjE1Jmluc3RhbmNlX2lkPTI1MDY0Jm1vZHVsZT1PcGluaW9uJm5sPXBhdWwta3J1Z21hbiZwZ3R5cGU9SG9tZXBhZ2UmcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">Today’s column</a> was about the Republican rejection of facts, which I argued really began under President Ronald Reagan. In passing I said a bit about the legend of the Reagan economy, which plays an outsized role in conservative economic doctrine to this day. And I thought it might be interesting to talk some more both about the reality of Reaganomics and the relevance of that reality to possibilities over the next few years.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">First of all, why are Republicans still talking so much about Reagan? The answer is that the core of modern conservative economic doctrine is the assertion that cutting taxes, especially on the wealthy, does wonderful things for the economy. And they hold up Reagan’s economic record as proof of that doctrine’s truth.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">Why use an example that is decades in the past, rather than a more recent success story? The answer is that there aren’t any recent success stories. Since 1990 claims that tax cuts will generate huge booms — and that tax hikes will lead to disaster — have belly-flopped again and again. President Bill Clinton’s tax increases in 1993 didn’t cause the recession <a href="https://nl.nytimes.com/f/a/prnvO1NsrVgO_p_jUyQLtg~~/AAAAAQA~/RgRhu3fyP4QkAWh0dHBzOi8vYXJjaGl2ZS50aGlua3Byb2dyZXNzLm9yZy9mbGFzaGJhY2staW4tMTk5My1nb3Atd2FybmVkLXRoYXQtY2xpbnRvbnMtdGF4LXBsYW4td291bGQta2lsbC1qb2JzLWtpbGwtdGhlLWN1cnJlbnQtcmVjb3ZlcnktOTZhZGIzNjYzNDg0Lz9jYW1wYWlnbl9pZD0xMTYmZW1jPWVkaXRfcGtfMjAyMDEyMTUmaW5zdGFuY2VfaWQ9MjUwNjQmbmw9cGF1bC1rcnVnbWFuJnJlZ2lfaWQ9NjQxNTk3NzYmc2VnbWVudF9pZD00NzAxMiZ0ZT0xJnVzZXJfaWQ9NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzhXA255dEIKACjy8thfi6yiaVITZm9vemxlcjgzQGdtYWlsLmNvbVgEAAAAAA~~" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">just about everyone</a> on the right predicted; President George W. Bush’s tax cuts didn’t produce a “Bush boom.” The Trump tax cut didn’t deliver anything like the promised results.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="direction:ltr;font-size:0;padding:0;text-align:center"> <a href="#m_1834925223512803342_a11y-skip-0" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">Continue reading the main story</a></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="direction:ltr;font-size:0;padding:10px 0 25px;text-align:center"><div style="background:#fff;background-color:#fff;margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="background:#fff;background-color:#fff;width:100%"><tbody><tr><td style="border-bottom:1px solid #dcdcdc;border-top:1px solid #dcdcdc;direction:ltr;font-size:0;padding:20px 0 20px;text-align:center"><h3 color="#666" class="m_1834925223512803342css-186xeyn" style="font:10px/13px arial,sans-serif;color:#666;letter-spacing:.7px;margin-bottom:5px;margin-top:0;text-align:center">ADVERTISEMENT</h3><span style="width:100%;text-align:center"><table border="0" cellpadding="0" cellspacing="0" style="margin:0 auto"><tbody><tr><td colspan="2"><a href="https://nl.nytimes.com/f/a/ItG0cjLEIQDz7XE7CuPCiA~~/AAAAAQA~/RgRhu3fyP0RtaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NzAyMjIzJmxpPVBLJm09NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzgmcD1QS18yMDIwMTIxNVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" rel="nofollow" target="_blank"><img src="https://liveintent.newyorktimesinfo.com/imp?s=702223&li=PK&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215" border="0" width="600" style="width:100%;max-width:600px!important"></a></td></tr><tr><td align="left"><a href="https://nl.nytimes.com/f/a/o4hkgnv4M04yNwwBA77EKA~~/AAAAAQA~/RgRhu3fyP0RtaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NzAyMjI2JmxpPVBLJm09NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzgmcD1QS18yMDIwMTIxNVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" rel="nofollow" target="_blank"><img src="https://liveintent.newyorktimesinfo.com/imp?s=702226&li=PK&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215" border="0"></a></td><td align="right"><a href="https://nl.nytimes.com/f/a/f7IgayJAoAV1rgtkOzWgEw~~/AAAAAQA~/RgRhu3fyP0RtaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NzAyMjI0JmxpPVBLJm09NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzgmcD1QS18yMDIwMTIxNVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" rel="nofollow" target="_blank"><img src="https://liveintent.newyorktimesinfo.com/imp?s=702224&li=PK&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215" border="0"></a></td></tr></tbody></table></span></td></tr></tbody></table></div></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%" id="m_1834925223512803342_a11y-skip-0"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">In 2011 Gov. Sam Brownback of Kansas cut taxes sharply, promising that this would lead to a surge in growth. <a href="https://nl.nytimes.com/f/a/lkvtMRHTtiBH8-5NHG_fhQ~~/AAAAAQA~/RgRhu3fyP4SVAWh0dHBzOi8vd3d3LmNicHAub3JnL3Jlc2VhcmNoL3N0YXRlLWJ1ZGdldC1hbmQtdGF4L2thbnNhcy1wcm92aWRlcy1jb21wZWxsaW5nLWV2aWRlbmNlLW9mLWZhaWx1cmUtb2Ytc3VwcGx5LXNpZGUtdGF4LWN1dHM_Y2FtcGFpZ25faWQ9MTE2JmVtYz1lZGl0X3BrXzIwMjAxMjE1Jmluc3RhbmNlX2lkPTI1MDY0Jm5sPXBhdWwta3J1Z21hbiZyZWdpX2lkPTY0MTU5Nzc2JnNlZ21lbnRfaWQ9NDcwMTImdGU9MSZ1c2VyX2lkPTVlNzExMzliNzlhYjE0MzNkMDc3MTBkOGY4ODM1NmM4Izp-OnRleHQ9T24lMjBKdW5lJTIwNiwlMjAyMDE3LCUyMHRoZSUyMEthbnNhcyUyMGxlZ2lzbGF0dXJlJTIwb3ZlcnJvZGUlMjBHb3Zlcm5vciUyMEJyb3duYmFjayUyN3MscmF0ZSUyMGN1dHMlMjBiYXNlZCUyMG9uJTIwcmV2ZW51ZVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">It didn’t</a>. At the same time, California raised taxes; conservatives declared that this would be “<a href="https://nl.nytimes.com/f/newsletter/XrR4fG8DbIvJxAhLSHsLbQ~~/AAAAAQA~/RgRhu3fyP0T0aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAxNC8wNy8yNS9vcGluaW9uL3BhdWwta3J1Z21hbi1jYWxpZm9ybmlhLXRheC1sZWZ0LWNvYXN0LXJpc2luZy5odG1sP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">economic suicide</a>.” It wasn’t.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">So it’s back to Reagan. But was the Reagan story really all that great?</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">Right-wing politicians think so — but this is based on what they’ve heard from people in their intellectual bubble. A few years back, for example, Sen. Rand Paul made what he thought was a <a href="https://nl.nytimes.com/f/newsletter/pHda7VI1u17eLSgAZWrmIQ~~/AAAAAQA~/RgRhu3fyP0TzaHR0cHM6Ly9rcnVnbWFuLmJsb2dzLm55dGltZXMuY29tLzIwMTQvMDQvMTgvZG9udC1rbm93LW11Y2gtYWJvdXQtaGlzdG9yeS1yYW5kLXBhdWwtZWRpdGlvbi8_Y2FtcGFpZ25faWQ9MTE2JmVtYz1lZGl0X3BrXzIwMjAxMjE1Jmluc3RhbmNlX2lkPTI1MDY0Jm5sPXBhdWwta3J1Z21hbiZyZWdpX2lkPTY0MTU5Nzc2JnNlZ21lbnRfaWQ9NDcwMTImdGU9MSZ1c2VyX2lkPTVlNzExMzliNzlhYjE0MzNkMDc3MTBkOGY4ODM1NmM4VwNueXRCCgAo8vLYX4usomlSE2Zvb3psZXI4M0BnbWFpbC5jb21YBAAAAAA~" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">telling point</a>: “When was the last time in our country we created millions of jobs? It was under Ronald Reagan …” Actually, more jobs were created under Clinton.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">So where does the legend of Reagan come from? Partly, of course, from pretending that the Clinton-era boom never happened — which is easier because of the “<a href="https://nl.nytimes.com/f/a/DcVsNlNczYK4eve-MMQ1ag~~/AAAAAQA~/RgRhu3fyP0TRaHR0cHM6Ly93d3cudm94LmNvbS8yMDE4LzEwLzIzLzE4MDA0NDc4L2hhY2stZ2FwLWV4cGxhaW5lZD9jYW1wYWlnbl9pZD0xMTYmZW1jPWVkaXRfcGtfMjAyMDEyMTUmaW5zdGFuY2VfaWQ9MjUwNjQmbmw9cGF1bC1rcnVnbWFuJnJlZ2lfaWQ9NjQxNTk3NzYmc2VnbWVudF9pZD00NzAxMiZ0ZT0xJnVzZXJfaWQ9NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzhXA255dEIKACjy8thfi6yiaVITZm9vemxlcjgzQGdtYWlsLmNvbVgEAAAAAA~~" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">hack gap</a>”: Conservatives and their media outlets constantly harp on their preferred story lines, in a way liberals don’t. But it also involves a bait-and-switch on timing, essentially pretending that Reagan’s presidency didn’t start until the end of the severe recession that occupied most of his first two years in office.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="direction:ltr;font-size:0;padding:0;text-align:center"> <a href="#m_1834925223512803342_a11y-skip-1" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">Continue reading the main story</a></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="direction:ltr;font-size:0;padding:10px 0 25px;text-align:center"><div style="background:#fff;background-color:#fff;margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="background:#fff;background-color:#fff;width:100%"><tbody><tr><td style="border-bottom:1px solid #dcdcdc;border-top:1px solid #dcdcdc;direction:ltr;font-size:0;padding:20px 0 20px;text-align:center"><h3 color="#666" class="m_1834925223512803342css-186xeyn" style="font:10px/13px arial,sans-serif;color:#666;letter-spacing:.7px;margin-bottom:5px;margin-top:0;text-align:center">ADVERTISEMENT</h3><span style="width:100%;text-align:center"><table border="0" cellpadding="0" cellspacing="0" style="margin:0 auto"><tbody><tr><td colspan="2"><a href="https://nl.nytimes.com/f/a/qtVMaJhwlp2dX_wXfSYg-g~~/AAAAAQA~/RgRhu3fyP0RtaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NzAyMjI3JmxpPVBLJm09NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzgmcD1QS18yMDIwMTIxNVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" rel="nofollow" target="_blank"><img src="https://liveintent.newyorktimesinfo.com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"color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">That was a rhetorical question.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td style="padding-bottom:15px"></td></tr><tr><td style="padding-bottom:15px;border-top:1px solid #dcdcdc"></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="direction:ltr;font-size:0;padding:0;text-align:center"> <a href="#m_1834925223512803342_a11y-skip-2" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">Continue reading the main story</a></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="direction:ltr;font-size:0;padding:0 0 25px;text-align:center"><div style="background:#fff;background-color:#fff;margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="background:#fff;background-color:#fff;width:100%"><tbody><tr><td style="border-bottom:1px solid #dcdcdc;direction:ltr;font-size:0;padding:0 0 20px;text-align:center"><h3 color="#666" class="m_1834925223512803342css-186xeyn" style="font:10px/13px arial,sans-serif;color:#666;letter-spacing:.7px;margin-bottom:5px;margin-top:0;text-align:center">ADVERTISEMENT</h3><span style="width:100%;text-align:center"><table border="0" cellpadding="0" cellspacing="0" style="margin:0 auto"><tbody><tr><td colspan="2"><a href="https://nl.nytimes.com/f/a/1AkjM_0MEsIuWJxPPp-bzg~~/AAAAAQA~/RgRhu3fyP0RtaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NzI3OTAzJmxpPVBLJm09NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzgmcD1QS18yMDIwMTIxNVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" rel="nofollow" target="_blank"><img src="https://liveintent.newyorktimesinfo.com/imp?s=727903&li=PK&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215" border="0" width="600" style="width:100%;max-width:600px!important"></a></td></tr><tr><td align="left"><a href="https://nl.nytimes.com/f/a/jWn4ekKMYrmY5mhXWhmBcg~~/AAAAAQA~/RgRhu3fyP0RtaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NzI3OTA0JmxpPVBLJm09NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzgmcD1QS18yMDIwMTIxNVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" rel="nofollow" target="_blank"><img src="https://liveintent.newyorktimesinfo.com/imp?s=727904&li=PK&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215" border="0"></a></td><td align="right"><a href="https://nl.nytimes.com/f/a/7J_mfKPJjEzojmQA1AneSw~~/AAAAAQA~/RgRhu3fyP0RtaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NzI3OTA2JmxpPVBLJm09NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzgmcD1QS18yMDIwMTIxNVcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" rel="nofollow" target="_blank"><img src="https://liveintent.newyorktimesinfo.com/imp?s=727906&li=PK&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215" border="0"></a></td></tr></tbody></table></span></td></tr></tbody></table></div></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%" id="m_1834925223512803342_a11y-skip-2"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><h2 class="m_1834925223512803342css-1p0l5xx" style="color:#000;font:400 27.5px/37.5px georgia,serif;margin:0 0 15px">Quick Hits</h2></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">The <a href="https://nl.nytimes.com/f/a/mWXvvFgJiywl1OvekrZJ5Q~~/AAAAAQA~/RgRhu3fyP0TyaHR0cHM6Ly9iY2YucHJpbmNldG9uLmVkdS9ldmVudHMvcGF1bC1rcnVnbWFuLW9uLXRoZS1hdWRhY2l0eS1vZi1zbG9wZS1ob3ctZmFzdC1hLXJlY292ZXJ5Lz9jYW1wYWlnbl9pZD0xMTYmZW1jPWVkaXRfcGtfMjAyMDEyMTUmaW5zdGFuY2VfaWQ9MjUwNjQmbmw9cGF1bC1rcnVnbWFuJnJlZ2lfaWQ9NjQxNTk3NzYmc2VnbWVudF9pZD00NzAxMiZ0ZT0xJnVzZXJfaWQ9NWU3MTEzOWI3OWFiMTQzM2QwNzcxMGQ4Zjg4MzU2YzhXA255dEIKACjy8thfi6yiaVITZm9vemxlcjgzQGdtYWlsLmNvbVgEAAAAAA~~" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">audacity of slope</a>.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">But Dean Baker, who I respect, <a href="https://nl.nytimes.com/f/a/nefcj-EucbkbxeFobRUvcw~~/AAAAAQA~/RgRhu3fyP0TJaHR0cHM6Ly9jZXByLm5ldC90aGUta3J1Z21hbi1ib29tLWRvbnQtYmFuay1vbi1pdC8_Y2FtcGFpZ25faWQ9MTE2JmVtYz1lZGl0X3BrXzIwMjAxMjE1Jmluc3RhbmNlX2lkPTI1MDY0Jm5sPXBhdWwta3J1Z21hbiZyZWdpX2lkPTY0MTU5Nzc2JnNlZ21lbnRfaWQ9NDcwMTImdGU9MSZ1c2VyX2lkPTVlNzExMzliNzlhYjE0MzNkMDc3MTBkOGY4ODM1NmM4VwNueXRCCgAo8vLYX4usomlSE2Zvb3psZXI4M0BnbWFpbC5jb21YBAAAAAA~" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">has doubts</a>.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">The real Morning in America, such as it was, was the <a href="https://nl.nytimes.com/f/a/hOiILEGGXGZBvoznz7VbvA~~/AAAAAQA~/RgRhu3fyP0S7aHR0cHM6Ly93d3cuYmxzLmdvdi9scGMvcHJvZHliYXIuaHRtP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">productivity surge</a> in the late 1990s and early 2000s.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">Reagan didn’t jump-start growth, but he helped <a href="https://nl.nytimes.com/f/a/3qi2n8XeSA_RJrmKxzwzkQ~~/AAAAAQA~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~~" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">break labor unions</a>, which was an important cause of rising inequality.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td style="padding-bottom:15px"></td></tr><tr><td style="padding-bottom:15px;border-top:1px solid #dcdcdc"></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><h3 class="m_1834925223512803342css-cy7qtz" style="margin:0 0 1px;font:700 18px/25px georgia,serif;color:#000"><span style="font-weight:700;font-size:inherit">Feedback</span></h3></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">If you’re enjoying what you’re reading, please consider recommending it to friends. <a href="https://nl.nytimes.com/f/a/WjMtjR2GfXUARd_1ZFA5Ag~~/AAAAAQA~/RgRhu3fyP0ToaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vbmV3c2xldHRlcnMvcGF1bC1rcnVnbWFuP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDE5MDYxOCZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD10YmQmbmw9cGF1bC1rcnVnbWFuJnJlZ2lfaWQ9NjQxNTk3NzYmc2VnbWVudF9pZD00NzAxMiZ0ZT0xJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">They can sign up here</a>. If you want to share your thoughts on an item in this week’s newsletter or on the newsletter in general, please email me at <a href="mailto:krugman-newsletter@nytimes.com?subject=Paul%20Krugman%20Newsletter%20Feedback" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">krugman-newsletter@nytimes.com</a>.</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td style="padding-bottom:15px"></td></tr><tr><td style="padding-bottom:15px;border-top:1px solid #dcdcdc"></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><h2 class="m_1834925223512803342css-1p0l5xx" style="color:#000;font:400 27.5px/37.5px georgia,serif;margin:0 0 15px">Facing the Music</h2></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><table width="100%" cellspacing="0" cellpadding="0" style="border-spacing:0;font-family:arial,sans-serif;color:#333;padding:0;background:#fff"><tbody><tr><td style="width:100%;padding:0;line-height:1" width="100%"><img src="https://static01.nyt.com/images/2020/12/15/opinion/151220krugman1/151220krugman1-articleLarge.png" class="m_1834925223512803342css-zh06no" style="display:block;width:100%;height:auto;padding-top:10px"></td></tr><tr><td class="m_1834925223512803342css-185vw4z" style="text-align:left;width:100%;padding-top:8px;padding-bottom:10px;line-height:14px" width="100%" align="left"><span><span class="m_1834925223512803342css-atnqj9" style="margin:0;font:normal 14px georgia,serif;color:#666">A song about intellectual property</span><span class="m_1834925223512803342css-hpkdsj" style="margin:0;font:normal 11px georgia,serif;padding-left:5px;color:#888;letter-spacing:.01em">YouTube</span></span></td></tr></tbody></table></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">If <a href="https://nl.nytimes.com/f/a/j0541d7B0cDonuJbG5Fc6w~~/AAAAAQA~/RgRhu3fyP0TCaHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_Y2FtcGFpZ25faWQ9MTE2JmVtYz1lZGl0X3BrXzIwMjAxMjE1Jmluc3RhbmNlX2lkPTI1MDY0Jm5sPXBhdWwta3J1Z21hbiZyZWdpX2lkPTY0MTU5Nzc2JnNlZ21lbnRfaWQ9NDcwMTImdGU9MSZ1c2VyX2lkPTVlNzExMzliNzlhYjE0MzNkMDc3MTBkOGY4ODM1NmM4JnY9cEdvWUc1SEJkRGtXA255dEIKACjy8thfi6yiaVITZm9vemxlcjgzQGdtYWlsLmNvbVgEAAAAAA~~" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">everything is free</a>, how do we measure growth? (A real question.)</p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td style="padding:15px 0 0;border-bottom:2px solid #000"></td></tr><tr><td style="padding:7px 0 5px"><p class="m_1834925223512803342css-kxmjiu" style="letter-spacing:.4px;font:700 17px/25px arial,sans-serif;color:#000;margin-bottom:15px">IN THE TIMES</p></td></tr><tr><td style="width:100%;display:block;max-width:600px;padding:0 0 25px" width="100%"><table width="100%" style="width:100%;max-width:600px"><tbody><tr><td class="m_1834925223512803342css-11oa0x7" style="text-align:left;vertical-align:top;width:495px" width="495" align="left" valign="top"><a href="https://nl.nytimes.com/f/newsletter/sJ0XX00QSLt2cUdxB02lcg~~/AAAAAQA~/RgRhu3fyP0T9aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMC8xMi8xNC9vcGluaW9uL3N1bmRheS90aGUtcGVvcGxlLXdoby1hY3R1YWxseS1oYWQtYS1wcmV0dHktZ3JlYXQteWVhci5odG1sP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" style="text-decoration:none;text-align:left;width:100%;display:block;max-width:none" target="_blank"><h3 class="m_1834925223512803342css-kgf6go" style="color:#000;margin:0;padding:0 0 7px;font:25px/30px georgia,serif">The People Who Actually Had a Pretty Great Year</h3><p class="m_1834925223512803342css-ukhyec" style="color:#333;font:16px/20px georgia,serif;text-align:left;margin:0">It’s not just the filthy rich. Much of America’s professional class has quietly, if a bit guiltily, been doing just fine, despite 2020.</p><p class="m_1834925223512803342css-k2gv7o" style="letter-spacing:.4px;margin:10px 0 0 0;color:#000;font:600 13px/18px arial,sans-serif">By Eve Peyser</p></a></td><td class="m_1834925223512803342css-1rv3zph" style="vertical-align:top;padding:0 0 0 15px" valign="top"><a href="https://nl.nytimes.com/f/newsletter/sJ0XX00QSLt2cUdxB02lcg~~/AAAAAQA~/RgRhu3fyP0T9aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMC8xMi8xNC9vcGluaW9uL3N1bmRheS90aGUtcGVvcGxlLXdoby1hY3R1YWxseS1oYWQtYS1wcmV0dHktZ3JlYXQteWVhci5odG1sP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" style="text-decoration:none;text-align:left;width:100%;display:block;max-width:none" target="_blank"><img src="https://static01.nyt.com/images/2020/12/16/opinion/sunday/16peyser/14peyser-moth-v2.jpg" alt="Article Image" style="width:105px;padding-top:3px" width="105"></a></td></tr></tbody></table></td></tr><tr><td style="width:100%;display:block;max-width:600px;padding:20px 0 25px;border-top:1px solid #dcdcdc" width="100%"><table width="100%" style="width:100%;max-width:600px"><tbody><tr><td class="m_1834925223512803342css-11oa0x7" style="text-align:left;vertical-align:top;width:495px" width="495" align="left" valign="top"><a href="https://nl.nytimes.com/f/newsletter/2N0HTHVKe6mWCQU1LviPpg~~/AAAAAQA~/RgRhu3fyP0TnaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMC8xMi8xMS91cHNob3QvY2hvb3NpbmctaGVhbHRoLWluc3VyYW5jZS1pcy1oYXJkLmh0bWw_Y2FtcGFpZ25faWQ9MTE2JmVtYz1lZGl0X3BrXzIwMjAxMjE1Jmluc3RhbmNlX2lkPTI1MDY0Jm5sPXBhdWwta3J1Z21hbiZyZWdpX2lkPTY0MTU5Nzc2JnNlZ21lbnRfaWQ9NDcwMTImdGU9MSZ1c2VyX2lkPTVlNzExMzliNzlhYjE0MzNkMDc3MTBkOGY4ODM1NmM4VwNueXRCCgAo8vLYX4usomlSE2Zvb3psZXI4M0BnbWFpbC5jb21YBAAAAAA~" style="text-decoration:none;text-align:left;width:100%;display:block;max-width:none" target="_blank"><h3 class="m_1834925223512803342css-kgf6go" style="color:#000;margin:0;padding:0 0 7px;font:25px/30px georgia,serif">It’s Not Just You: Picking a Health Insurance Plan Is Really Hard</h3><p class="m_1834925223512803342css-ukhyec" style="color:#333;font:16px/20px georgia,serif;text-align:left;margin:0">Most Americans make poor choices. So do most professional insurance brokers, a new study finds. But robots may help.</p><p class="m_1834925223512803342css-k2gv7o" style="letter-spacing:.4px;margin:10px 0 0 0;color:#000;font:600 13px/18px arial,sans-serif">By Margot Sanger-Katz</p></a></td><td class="m_1834925223512803342css-1rv3zph" style="vertical-align:top;padding:0 0 0 15px" valign="top"><a href="https://nl.nytimes.com/f/newsletter/2N0HTHVKe6mWCQU1LviPpg~~/AAAAAQA~/RgRhu3fyP0TnaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMC8xMi8xMS91cHNob3QvY2hvb3NpbmctaGVhbHRoLWluc3VyYW5jZS1pcy1oYXJkLmh0bWw_Y2FtcGFpZ25faWQ9MTE2JmVtYz1lZGl0X3BrXzIwMjAxMjE1Jmluc3RhbmNlX2lkPTI1MDY0Jm5sPXBhdWwta3J1Z21hbiZyZWdpX2lkPTY0MTU5Nzc2JnNlZ21lbnRfaWQ9NDcwMTImdGU9MSZ1c2VyX2lkPTVlNzExMzliNzlhYjE0MzNkMDc3MTBkOGY4ODM1NmM4VwNueXRCCgAo8vLYX4usomlSE2Zvb3psZXI4M0BnbWFpbC5jb21YBAAAAAA~" style="text-decoration:none;text-align:left;width:100%;display:block;max-width:none" target="_blank"><img src="https://static01.nyt.com/images/2020/12/15/upshot/15up-healthinsurance/oakImage-1607645674297-moth.jpg" alt="Article Image" style="width:105px;padding-top:3px" width="105"></a></td></tr></tbody></table></td></tr><tr><td style="width:100%;display:block;max-width:600px;padding:20px 0 25px;border-top:1px solid #dcdcdc" width="100%"><table width="100%" style="width:100%;max-width:600px"><tbody><tr><td class="m_1834925223512803342css-11oa0x7" style="text-align:left;vertical-align:top;width:495px" width="495" align="left" valign="top"><a href="https://nl.nytimes.com/f/newsletter/D-ASt6Hd1TTBCjztOjaaOw~~/AAAAAQA~/RgRhu3fyP0TWaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMC8xMi8xNS91cy9wb2xpdGljcy90cnVtcC1tZWRpYS5odG1sP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" style="text-decoration:none;text-align:left;width:100%;display:block;max-width:none" target="_blank"><h3 class="m_1834925223512803342css-kgf6go" style="color:#000;margin:0;padding:0 0 7px;font:25px/30px georgia,serif">Inside the Right-Wing Media Bubble, Where the Myth of a Trump Win Lives On</h3><p class="m_1834925223512803342css-ukhyec" style="color:#333;font:16px/20px georgia,serif;text-align:left;margin:0">The Electoral College has affirmed Biden’s victory. That doesn’t mean that Trump-friendly news outlets have accepted it.</p><p class="m_1834925223512803342css-k2gv7o" style="letter-spacing:.4px;margin:10px 0 0 0;color:#000;font:600 13px/18px arial,sans-serif">By Jeremy W. Peters</p></a></td><td class="m_1834925223512803342css-1rv3zph" style="vertical-align:top;padding:0 0 0 15px" valign="top"><a href="https://nl.nytimes.com/f/newsletter/D-ASt6Hd1TTBCjztOjaaOw~~/AAAAAQA~/RgRhu3fyP0TWaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMC8xMi8xNS91cy9wb2xpdGljcy90cnVtcC1tZWRpYS5odG1sP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD1wYXVsLWtydWdtYW4mcmVnaV9pZD02NDE1OTc3NiZzZWdtZW50X2lkPTQ3MDEyJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" style="text-decoration:none;text-align:left;width:100%;display:block;max-width:none" target="_blank"><img src="https://static01.nyt.com/images/2020/12/15/us/politics/15trumpmedia1/15trumpmedia1-moth.jpg" alt="Article Image" style="width:105px;padding-top:3px" width="105"></a></td></tr></tbody></table></td></tr><tr><td style="padding:0"></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td style="padding-bottom:0"></td></tr><tr><td style="padding-bottom:15px;border-top:1px solid #dcdcdc"></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%"><table width="100%" cellpadding="0"><tbody><tr><td align="left"><p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px"><a href="https://nl.nytimes.com/f/a/R2YXQlmsZjTiowEIP7cvAw~~/AAAAAQA~/RgRhu3fyP0TfaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vc2VjdGlvbi9vcGluaW9uP2NhbXBhaWduX2lkPTExNiZlbWM9ZWRpdF9wa18yMDE5MDYxOCZlbWM9ZWRpdF9wa18yMDIwMTIxNSZpbnN0YW5jZV9pZD0yNTA2NCZubD10YmQmbmw9cGF1bC1rcnVnbWFuJnJlZ2lfaWQ9NjQxNTk3NzYmc2VnbWVudF9pZD00NzAxMiZ0ZT0xJnRlPTEmdXNlcl9pZD01ZTcxMTM5Yjc5YWIxNDMzZDA3NzEwZDhmODgzNTZjOFcDbnl0QgoAKPLy2F-LrKJpUhNmb296bGVyODNAZ21haWwuY29tWAQAAAAA" class="m_1834925223512803342css-1sybz1k" style="color:#286ed0;border-bottom:1px solid #286ed0;text-decoration:none;font-family:inherit;font-size:inherit" target="_blank">Read the full Opinion report here.</a></p></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px"><table align="center" border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="direction:ltr;font-size:0;padding:0;text-align:center"> <a href="#m_1834925223512803342_a11y-skip-3" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">Continue reading the main story</a></td></tr></tbody></table></div><div style="overflow:hidden;height:0;width:100%;max-width:600px;margin:0 auto"><table cellpadding="0" cellspacing="0" border="0" width="40" height="6"><tbody><tr><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700900&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700901&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700902&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700903&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700904&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700905&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700906&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700907&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700908&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700909&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700910&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700911&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700912&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700913&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700914&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700915&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700916&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700917&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700918&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td><td><img src="https://liveintent.newyorktimesinfo.com/imp?s=125700919&sz=2x1&m=5e71139b79ab1433d07710d8f88356c8&p=PK_20201215&li=PK" width="2" height="6" border="0"></td></tr></tbody></table></div><div style="margin:0 auto;max-width:600px;width:100%" id="m_1834925223512803342_a11y-skip-3"><table width="100%" cellpadding="0"><tbody><tr><td height="15" width="100%" style="font-size:0;line-height:0"></td></tr><tr><td style="padding:12px 0;border-top:1px solid #000"><p style="display:block;font:12px/15px arial,sans-serif;color:#666;text-align:left;margin-bottom:7px">Need help? Review our <a href="https://nl.nytimes.com/f/a/T1NYBaEAIilFku3t5hEJZg~~/AAAAAQA~/RgRhu3fyP0TaaHR0cHM6Ly9oZWxwLm55dGltZXMuY29tL2hjL2VuLXVzL2FydGljbGVzLzM2MDAwMTQ4ODI2Ni1OZXdzbGV0dGVycz9jYW1wYWlnbl9pZD0xMTYmZW1jPWVkaXRfcGtfMjAyMDEyMTUmaW5zdGFuY2VfaWQ9MjUwNjQmbmw9cGF1bC1rcnVnbWFuJnJlZ2lfaWQ9NjQxNTk3NzYmc2Vn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