From economist and historian John Kenneth Galbraith:
The volume of political comment substantially exceeds the available truth, so columnists run out of truth, and they must resort to imagination. Washington politicians, after talking things over with each other, relay misinformation to Washington journalists, who, after intramural discussion, print it where it is thoughtfully read by the same politicians, who generally believe it. It is the only successful closed system for the recycling of garbage that has ever been devised.
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