Blaming “Distressed Babies”? A Real Economist Agrees With Me On Tim Armstrong

I don’t always agree with Megan McArdle, but I certainly do appreciate her when she agrees with me. I wrote about Tim Armstrong (and related matters) yesterday. Tim Armstrong, the CEO of AOL, made changes in the way 401(k)s were handled (he has since reversed the decision). He explained the changes by mentioning two “distressed babies.” This produced a lot of anger. The mother of one of the “distressed babies” wrote an article about it at Slate.com. The article, I wrote, … described Read more […]

Faux Liberalism: The Hypocritical Self-Righteous Killers’ Club

In “My Baby And AOL’s Bottom Line,” Deanna Fei rips into the CEO of the company that employs her husband for blaming her baby for an unpopular financial decision: Late last week, Tim Armstrong, the chief executive officer of AOL, landed himself in a media firestorm when he held a town hall with employees to explain why he was paring their retirement benefits. After initially blaming Obamacare for driving up the company’s health care costs, he pointed the finger at an unlikely target: babies. Specifically, Read more […]