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Home Publications Blogs Beat the Press Fox on 15th (a.k.a "The Washington Post") Still Has Not Heard About the Recession

Fox on 15th (a.k.a "The Washington Post") Still Has Not Heard About the Recession

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Sunday, 10 April 2011 07:29

They did it again! The Washington Post had a front page article devoted to the budget debate that never once mentioned the job loss that is expected to result from budget cuts at a point where the economy is still far below full employment.

According to estimates from Mark Zandi, the original package put forward by the Republican leadership would have cost 700,000 jobs. Since the final package had cuts that were roughly two thirds as large, the implied job loss would be around 450,000. It is incredible that a major newspaper could discuss the budget without ever once mentioning its impact on the economy.

The Post, which has long supported big cuts to Social Security and Medicare and other social programs, directly misrepresented reality to push its agenda. It told readers:

"the battle was fought on turf far more hospitable to Republicans, given the country’s concerns about spending that contributed to the Democrats losing the House in November."

Every post-election poll showed that the main concern of voters last November was jobs. As in JOBS!!!!, the one item that is not mentioned once in this article. Instead, the article tells readers that:

"The coming battle, which will be about fiscal priorities and society’s values as much as it is about controlling government spending."

The Post presents no evidence that the battle is about "society's values." Most obviously the battle is about redistributing trillions of dollars of income from ordinary workers to the health insurance industry and health care providers.

According to the Congressional Budget Office, the public would have to pay an extra $20 trillion over the next 75 years (an amount that is approximately equal to 4 times the projected Social Security shortfall) if Representative Ryan's plan for a Medicare voucher system is adopted. There may be questions of values here, but most immediately the question is whether we want to take money from low and middle income people and give it to these industries.

Comments (8)Add Comment
Failed society
written by John Emerson, April 10, 2011 10:02
I don't think that we can continue forever with such disinformation being as dominant as it is in the world of elite public opinion . We're on our way to being a failed nation, something like the Habsburg or Romanoff empire ca. 1914.
Editorial Values Attack Society"s Values
written by Union Member, April 10, 2011 10:54

The Washington Post is propagating Moral Indifference not Fiscal Conservatism: The agenda is to make the Cult of Washington and Wall Street FEEL okay - good even - about the immeasurable harm they are dumping on the Country. Self-Righteousness is the Editorial Policy.

Yes, it is about how they FEE! All these "Serioius" " Realists" are very sentimental. it's just that they reserve their sentiment for themselves like every thing else.
Wait, What?
written by Paul, April 10, 2011 1:18
The Post presents no evidence that the battle is about "society's values."

Of course the Post understands "society's values" and they don't include jobs for lazy malcontents who vote for Democrats. The Post is clearly upholding the values of greed, avarice and envy which have characterized society's elite for decades. Put down that Keynes and read some F.Scott!
Glenn Greenwald explains just what we should expect from WaPo.
written by bailey, April 10, 2011 1:22
...
written by fuller schmidt, April 10, 2011 1:43
One thing I've learned is you can't underestimate how shallow greedy people are.
...
written by Jerry, April 10, 2011 3:34
They will simply blame the loss of jobs on Obama. It is all about getting the White House back into Republican hands at all costs. The unfortunate thing is how many folks will fall for it.
Izzatzo: Nanny News?
written by union member, April 10, 2011 4:37

Read Greenwald's post. Don't we live in a Nanny News State?

And hasn't the Post been Nanny News since the early '80s when - according to Walter Pincus - they stopped fact checking Reaganomics because old ladies would write demanding the paper stop "picking on" the President?

No fear or favor here.

http://www.hats-newera.com/Red-Bull-Hat_110.html
written by New York Yankees Hats, April 11, 2011 2:43
We're on our way to being a failed nation, something like the Habsburg or Romanoff empire ca. 1914.

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.

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