Are John Boehner's ideas about tax cuts evidence of his "philosophy"? Or are they just misleading?
FAIR's new alert takes CBS Evening News to task for relying heavily on CEOs associated with the corporate-backed Fix the Debt campaign in their recent reporting about the so-called "fiscal cliff." If you're sending an email to CBS, please consider pasting your message in the comments section below.
This week: What do corporate media get wrong about the "cycle of violence" in Gaza? Is there really such a thing as a "fiscal cliff"? And David Gregory says Obama's big mistake was not having an economy-boosting event with CEOs. You mean like the one he had a week after being inaugurated in 2009? Take a look–and spread the word:
Some commentators and journalists have pointed out the metaphor for the impending tax increases and spending cuts in 2013–the "fiscal cliff"–is highly misleading, and probably intentionally so. There is no way to reverse course when you fall off a cliff; you are plummeting towards the ground, making a terrible mess upon impact. Thus the brakes must be applied before the end of the year. In reality, this isn't true; Congress and the White House can actually go past the "cliff" deadline, and strike a deal early next year, without the supposedly dire consequences. The numbers thrown around in the press […]
This passage from Meet the Press (10/14/12) says a lot about how middle-of-the-road elite journalists think about fiscal issues. Here's NBC veteran Tom Brokaw and host David Gregory: BROKAW: I was just going to say, I talked to a lot of major business leaders who want Romney to get elected, but almost to a man and a woman, they say, "But you know what, we're going to have to pay some more taxes in our category." What they want to do, however, is to benchmark them against spending cuts, so that they can get spending down to 20 percent of […]
Asked in the October 3 debate what he would do to address the federal budget deficit, Mitt Romney named two specific areas that he would cut: He would repeal Obamacare–which according to the Congressional Budget Office would actually increase the 10-year deficit by $109 billion–and eliminate funding for PBS, which, along with other forms of public media funded through the Corporation for Public Broadcasting, gets $445 million from the federal government annually–approximately 0.012 percent of the federal budget. Here's Romney addressing moderator Jim Lehrer: I'm sorry, Jim, I'm going to stop the subsidy to PBS. I'm going to stop other […]
The New York Times' Jackie Calmes has a piece yesterday (9/26/12) on Obama's failure to rein in the budget deficit. The big problem is that Obama's explanation is apparently hard to follow: Four years ago, Barack Obama campaigned for president on a promise to cut annual federal budget deficits in half by the end of his term. Then came financial calamity, $1.4 trillion in stimulus measures and a maddeningly slow economic recovery. Now, despite small annual improvements, the deficit for the fiscal year that ends on Sunday will surpass $1 trillion for the fourth straight time. Against that headline-grabbing figure, […]
Paul Ryan's RNC convention speech kicked off a lot of discussion about how and when journalists should do factchecking. Some reporters noted that, for instance, the people you factcheck can push back; other pieces wondered if it was making any difference at all. There are plenty of factchecking operations, but there seems to be a feeling that the lying and deception is more significant now than it's ever been. But if you watched TV coverage of the Republican convention, you may not have seen much in the way of factchecking. More to the point, some of the discussions could get […]
Flipping open the new issue of Time (9/3/12), a piece by Michael Crowley begins: Paul Ryan may be America's most famous budget wonk. Oh good grief. Crowley's point is not just to praise Ryan's devotion to spreadsheets. No, this piece is about the influences that made Paul Ryan the wonk he is today: But he's more than a number cruncher. Ryan's budget math is drawn from the political and economic theories of his many intellectual idols. And you get what you'd expect: Ayn Rand, Jack Kemp, Friedrich Hayek. But it's the passage about Ryan and Catholicism that is especially bizarre. […]
Time magazine's Michael Crowley, from the new issue: In naming Wisconsin Representative Paul Ryan as his running mate on August 11, Romney chose someone as deep as Palin was shallow, a studious wonk known for his mastery of that most substantive of all issues: the federal budget. For Crowley, this is actually toning down the Ryan praise. Just last year, he co-wrote a piece for Time that went like this: Just 41 years old, with jet black hair and a touch of Eagle Scout to him, the House Budget Committee chairman unveiled an ambitious package of huge budget cuts designed to […]
If you know anything of substance about Paul Ryan, it's that the Republican vice presidential pick knows his numbers. A Washington Post profile today by Michael Leahy (8/20/12) tells us: He got his start on Capitol Hill as a 19-year-old intern working in the mailroom of Sen. Bob Kasten (R-Wis.). That led in time to positions on congressional committees and habits he hasn't broken since, including a staffer's zeal for voracious research, for charts and PowerPoint presentations, and a facility for budget numbers that he recites with a savant's glee. As if that weren't clear enough, we're told later that […]
It's been said (by me!) that the big spending cuts set to hit the federal budget next year–so-called "sequestration"–are not created equal, at least in the eyes of the corporate media. The cuts, as designed, hit the military budget and non-military spending in roughly equal measure. The political calculation was that Republicans would object to the military cuts while Democrats would object to cuts in social spending. But in the corporate media, those non-military cuts hardly ever get any attention–perhaps because there are not powerful lobbyists and Cabinet officials complaining loudly about how the safety of the country is at […]