CEPR - Center for Economic and Policy Research


En Español

Em Português

Other Languages

Home Publications Blogs Beat the Press How Does the Post Know That the Debt Is Becoming "Crushing?"

How Does the Post Know That the Debt Is Becoming "Crushing?"

Tuesday, 02 August 2011 04:51

Yes, it was just a throw away line. But serious newspapers do not say in front page story that:

"Over the long term, the deal could help free the nation from what is fast becoming a crushing debt."

Lines about a "crushing debt" should appear in quotations or left to the opinion pages. They should not be assertions of fact to readers.

Comments (2)Add Comment
written by frankenduf, August 02, 2011 9:19
it's actually a Johnathan Swift line- crush the poor to make blood orange juice for the rich
Compared to what?
written by BH in MA, August 02, 2011 10:41
Thanks to low interest rates, debt service costs us less of a share of GDP than it did in the 80's, 90's and most of the 00's.

Which is more "crushing" - a 100k income, 40k in debt that costs 3k in interest or 200k income, 140k in debt that costs 3.5k in interest.

Write comment

(Only one link allowed per comment)

This content has been locked. You can no longer post any comments.


Support this blog, donate
Combined Federal Campaign #79613

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.