The most important sentence in that piece by David Cay Johnston that Mistermix pointed us to is this:
What these stories have in common is a reliance on what sources say rather than what the official record shows.
That is modern journalism in a nutshell, isn’t it? Apply that truism to anything that has happened in the past decade, from “tax cuts increase revenue and create jobs” to Sarah Palin’s death panels.
It’s the Politico model of journalism- facts and reality need not apply.