Julia Baird has an article in Newsweek dated March 11th called “Voice of the Middle Class: Why Wall Street Hates Elizabeth Warren.” It is the puffiest of puff pieces. If you took out the friendly adjectives– “Warren has been transformed from mild-mannered Harvard professor to the sharp-shooting, feisty head of the Congressional Oversight Committee”; “Warren is concise, logical, and angry”—there would be nothing left.

Baird reports that Warren, “in a landmark study, found that more than half of all people who declare bankruptcy cite medical reasons.” That this finding has been fiercely contested—that the balance of evidence suggests that her … Continue Reading