The publisher of the widely read and deservedly well regarded blog The Big Picture, Barry Ritholtz, is know for his well thought out diatribes against the misreporting of facts in the public media. Mysteriously though, his critical eye seems to go blind on the rare occasion that he ventures beyond the safe shores of United States To tell the truth, he seems jump right to the front of fact-free bandwagon.
Referencing a WSJ article which simply relays that the incoming PP government in the region of Castilla-La Mancha (producing 3.4 percent of Spanish GDP) is claiming that the budgetary deficit left by the prior PSOE regime may be around double the previously claimed, he manages to come up with this...
Spain’s budget deficit may be more than twice as large as had previously believed.(sic)
We'd hate to think he's taking one for the team here, but a certain 'CHB' points this error
out to Mr. Ritholtz in the comments - to no apparent avail.
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