Fiscally Responsible Republicans Are Media Articles of Faith

Confusing cutting the deficit with cutting taxes for the rich

The GOP took control of Congress by positioning themselves, with the help of corporate media, as the party of fiscal responsibility. As the press corps chastised Democrats for failing to get serious about the deficit (Extra!, 1/11)—ignoring economists’ warnings that running a deficit is necessary to recover from a recession—Republican policies past and present that have played starring roles in generating federal red ink got a free pass. Following Obama’s State of the Union address, the Republican response issued by Rep. Paul Ryan (Wisc.) was unsurprisingly greeted by right-wing media as a “moral argument for why it is important for […]