CEPR - Center for Economic and Policy Research


En Español

Em Português

Other Languages

Home Publications Blogs Beat the Press Post Uses Front Page News Story to Condemn Budget Deal That Doesn't Meet Its Deficit Cutting Agenda

Post Uses Front Page News Story to Condemn Budget Deal That Doesn't Meet Its Deficit Cutting Agenda

Monday, 09 December 2013 08:01

According to the Congressional Budget Office, the country is foregoing close to $1 trillion a year in output because the budgets produced by Congress do not provide enough demand to bring the economy to full employment. These losses are disproportionately incurred by minorities, the young, and the poor, since these are the groups most likely to be unemployed or working fewer hours at lower pay because of Congress's failure.

However, the failure of Congress to produce a budget that would spur growth and reduce unemployment never once got mentioned in the Post's lead front page article. The only outside experts to give comments in the piece were Robert Bixby, the executive director of the Peter Peterson financed Concord Coalition and Gene Steuerle, who formerly was vice-president of the Peter Peterson Foundation.

While the article never discusses the impact of the budget on the economy, it repeatedly complains that the tentative budget agreement reached by the congressional negotiators doesn't reduce the debt by as much as the Post would like. Most newspapers would keep such editorializing to the opinion pages.

Comments (2)Add Comment
WaPo Isn't Most Newspapers
written by Paul Mathis, December 09, 2013 10:31
The WaPo is forced to put its editorials on the front page above the fold because NOBODY seriously reads their editorial/opinion pages which are really nothing more than the comics or cross-word. Most newspapers have editorials and opinions that are not ghost written by lobbyists and influence peddlers but the WaPo outsourced this function long ago.

But today's report on the budget negotiations really did reach a new propaganda low for Jeff Bezos. Obviously nothing has really changed at Fox on 15th. In fact, it may be getting worse.
WaPo is like most news, not way out, insuring that voters opinions differ
written by jaaaaayceeeee, December 10, 2013 12:25

Just look at the polls and news, which avoid economic demand and fiscal policy as though monetary stimulus is the only kind of stimulus.

How do people poll on taxing unearned income vs earned, specific legislative proposals on subsidies, on who would benefit from financial transaction taxes, or from replacing pharma's testing/patent monopoly system? Who is even polling on these? Why do voters think deficit spending is always bad, is increasing, and that we can't afford higher minimum wages, normal order budget legislating, or even campaign finance transparency (let alone reform)?

How well have representatives and news educated voters on which democracies work best and which of their policies are responsible, what cross border regulation is needed, and who benefits from trade pacts hawked as free trade?

I think the New York Times carries more editorials this year than last about Republican obstructionism and their nuttier ideas, but there's plenty of reporting that we need bipartisan deficit reduction for cutting earned benefits, which will only worsen our most urgent need to raise economic demand and stimulate more productive economic activity.

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.