The Media Top 10 Economics Myths of 2005

I ran across an article on the Media Research Center's website entitled The Top Ten Economic Myths of 2005. The myths are noted below:

• America should follow French fashion in business.
• We must raise taxes to cope with ballooning deficits.
• Global warning is causing stronger hurricanes.
• America is cheap with it's foreign aid.
• Hurricane Katrina will send the economy into a tailspin.
• The housing bubble is about to burst.
• American's are dying to be fat.
• Consumers are choosing between food and fuel.
• Big profitable companies are up to no good.
• The U.S. economy is hopeless.

As each myth is enumerated the author provides the associated truth and exposes the underlying falsehood of each. See the Story