CEPR - Center for Economic and Policy Research

Multimedia

En Español

Em Português

Other Languages

Home Publications Blogs Beat the Press WSJ Asserts That Deficit Hawks Are Actually Just Hoping To Get High-Paying Lobbying Jobs

WSJ Asserts That Deficit Hawks Are Actually Just Hoping To Get High-Paying Lobbying Jobs

Print
Saturday, 19 February 2011 11:47

The WSJ told readers that: "in the hopes of gaining a high-paid lobbying position after leaving the Senate, six senators including Mr. Durbin are negotiating a deficit-reduction framework." The piece then went on to explain another deficit hawk who recently left the Senate, former Indiana Senator Evan Bayh, just took a job with a major Washington lobbying firm.

Actually, this is not quite what the WSJ told readers. The paper said:

"responding to public unease about the country's fiscal standing, six senators including Mr. Durbin are negotiating a deficit-reduction framework. They are betting that worries about federal red ink—expected to exceed $1.6 trillion this fiscal year—will put once-untouchable factors, such as entitlement spending and tax increases, into the mix."

Of course the WSJ has no idea what motivates these senators. Are they really responding to public unease about the deficit? How come they aren't responding to public unease about 9.0 percent unemployment? Can the WSJ assure readers that these six senators have not at all considered their career prospects after leaving the Senate and that this is not a factor in their actions?

Since reporters do not know the real motives of politicians, good reporters do not ascribe motives. They report what people say and what they do, they let readers figure out motives for themselves.

Comments (2)Add Comment
One Way
written by JL, February 19, 2011 12:04

That type of reporting is only ONE-WAY to promote their agenda. WSJ is there for the investors who have strong interest for low deficit. WSJ is simply promoting their interest, they were NEVER independent anyway.
I Think You're Forgetting Something
written by Jim In Panama, February 20, 2011 8:11
The WSJ is owned by Rupert Murdoch who also happens to own the finest news gathering organization the planet has ever known, FOX. So, don't be so sure that the WSJ doesn't talk to their brothers at FOX, who DO know exactly what everyone's true motives are. I never pay attention to any "news" unless FOX reports it, then I know its the fair and balanced truth. Good work being done here, keep up the attacks on the Socialists who run the New York Times

Write comment

(Only one link allowed per comment)

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

busy
 

CEPR.net
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.

Archives