Wash Post Headline Says ‘The Economy’s Real Drag’ is ‘Us’

By Tom Blumer

In case you didn’t get the message the first or second time around, the Washington Post wants you to hear it again: Cool your complaints about the weak U.S. economy, because it’s your fault.

To be clear, the problem is primarily with the Post’s headline — “The economy’s real drag: Us” — than with Robert J. Samuelson’s content, which at least gave American consumers credit for having “sobered up” as the reason for the increased savings rate which is supposedly holding the economy back. That said, the longtime Post writer missed a number of other key factors explaining why consumers aren’t spending as they did in the decades before the recession.

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