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Home Publications Blogs Beat the Press The Washington Post Doesn't Know that People Are Concerned About Jobs

The Washington Post Doesn't Know that People Are Concerned About Jobs

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Thursday, 05 May 2011 04:55

In one of his debates with President Carter in 1980, Ronald Reagan famously quipped that everyone who supported abortion has already been born. In the same vein, it is probably worth noting that everyone who works for the Washington Post has a job. This may explain its fixation with reducing the deficit while virtually ignoring the most prolonged period of high unemployment since the Great Depression.

A front page article told readers that:

"With voters growing increasingly anxious about the debt, Republicans and some Democrats are refusing to approve additional borrowing without an explicit strategy to reduce deficit spending."

Actually polls consistently show that jobs are far and away voters main concern. Furthermore, the most likely reason that voters might be "growing increasingly anxious about the debt" is that the media is constantly bombarding them with hysterical and often largely untrue pieces about the debt and its consequences.

This article refers to Representative Ryan's plan for privatizing Medicare. It would have been useful to note that the Congressional Budget Office analysis of this policy projects that it would add more than $34 trillion (almost 7 times the size of the projected Social Security shortfall) to the cost of buying Medicare equivalent policies over the program's 75-year planning horizon.

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written by izzatzo, May 05, 2011 8:06
In one of his debates with President Carter in 1980, Ronald Reagan famously quipped that everyone who supported abortion has already been born. In the same vein, it is probably worth noting that everyone who works for the Washington Post has a job.


Everyone who supports free markets, less regulation, deficit reduction and lower taxes is already wealthy gratis of the nanny state.
Why is the WaPo so Obsessed about the Deficit/Debt?
written by Paul, May 05, 2011 1:51
Do they not know that the 30 year T-Bond interest rate is now less than it was during the surplus budget year of the Clinton Administration? Are they unaware that the federal debt service to income (GDP) ratio is less than 3%? Do they seriously think some doomsday is looming because we can't pay our debt when we can print money at will?

It is simply baffling that a newspaper which has been in business in the nation's capital for over a century could be so obtuse. At least Fox Noise doesn't know better.

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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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