Craig Harrington

Author ››› Craig Harrington
  • STUDY: Sunday Shows Less Likely Than Weekday Competitors To Discuss Poverty

    Fox News Talks A Lot About Inequality And Poverty, But Promotes Policies That Would Make The Problems Worse

    ››› ››› CRAIG HARRINGTON

    In the first quarter of 2016, prime-time and evening weekday news programs on the largest cable and broadcast outlets mentioned poverty during roughly 55 percent of their discussions of economic inequality in the United States. During the same time period, Sunday political talk shows mentioned poverty in only 33 percent of discussions of economic inequality.

  • Right-Wing Media Assail Expansion Of Overtime Pay Protections To Millions Of Workers

    ››› ››› CRAIG HARRINGTON & ALEX MORASH

    Right-wing media assailed new overtime rules released by the Department of Labor (DOL) on May 17, which expand overtime pay protections to 4.2 million American workers previously exempt from compensation under outdated provisions of the Fair Labor Standards Act (FLSA). The new rule updates the minimum salary threshold to qualify for guaranteed overtime pay from $23,660 per year to $47,476 per year, and pegs the threshold to inflation going forward.

  • What Media Need To Know About Trump Economic Policy Advisers Steve Moore And Larry Kudlow

    ››› ››› CRAIG HARRINGTON & ALEX MORASH

    Politico reported that Donald Trump is tapping conservative economic pundits Stephen Moore and Larry Kudlow to assist in remaking the presumptive Republican nominee’s tax plan, which has been lambasted as a budget-busting giveaway to high-income earners and corporations. Media should be aware that both Moore and Kudlow have long histories of playing fast and loose with the facts while making outlandish and incorrect claims about the economy.

  • Media Slam Trump’s “Insane” Plan To Default On U.S. Debt

    Analysts Explain That Real Estate Gimmicks Don’t Work For The American Economy

    ››› ››› CRAIG HARRINGTON & ALEX MORASH

    During a lengthy phone interview with CNBC, presumptive Republican nominee Donald Trump outlined a plan to partially default on the United States’ outstanding sovereign debt obligations in hopes of eventually negotiating lower rates of repayment. The tactic is common in the types of commercial real estate dealings Trump is familiar with, but journalists and financial analysts stressed that employing such a strategy with American debt would undermine global financial stability and potentially drive the American economy into a deep recession.

  • El Wall Street Journal Pinta Erróneamente A Los Puertorriqueños Como "Refugiados" En Su Propio País

    Los Puertorriqueños Son Enteramente Ciudadanos Americanos

    Blog ››› ››› CRAIG HARRINGTON English language version

    El Wall Street Journal advirtió que la crisis de deuda desplegada en Puerto Rico podría crear un "éxodo" de "refugiados puertorriqueños” a los Estados Unidos que votarían por los Demócratas y se aprovecharían de los beneficios públicos – completamente ignorando su estatus como ciudadanos americanos, con todo el derecho de vivir y trabajar en cualquier parte del país según deseen.

    El 2 de mayo, el New York Times informó que el gobierno de Puerto Rico no cumplió con el pago de $399 millones de dólares de una deuda total de $422 millones de dólares que tiene el país ante acreedores y tenedores de bonos. Según el Times, el gobierno de San Juan ya hizo cortes severos a los servicios públicos para millones de residentes de la isla, pero todavía no es capaz de reconciliar el déficit de los ingresos creado por una recesión prolongada que ha debilitado la economía puertorriqueña. Puerto Rico no será capaz de pagar sus obligaciones sin una intervención del Congreso que le permita reestructurar su deuda.

    En una columna del 2 de mayo, el Wall Street Journal hizo un llamado al Congreso a que ayude a Puerto Rico a cancelar y reestructurar su deuda, pero solo para evitar “una anarquía y un rescate financiero clandestino” que resultaría en “miles de puertorriqueños huyéndo a los Estados Unidos", donde dependerían de la "limosna de los servicios gubernamentales". El Journal dijo que la crisis de deuda podría resultar en un “éxodo” de “refugiados puertorriqueños” mudándose a otra parte de los EE. UU. y votando en las elecciones federales. El periódico especuló que si el Congreso actualmente controlado por los Republicanos no ayuda a la isla, se le otorgaría el voto puertorriqueño “a los Demócratas en los años venideros”. Traducido del Wall Street Journal (énfasis agregado):

    Un nuevo informe del Instituto de Estadísticas de Puerto Rico muestra que el éxodo de la población de la isla está acelerando con una cifra neta de 64,000 puertorriqueños mudándose a los EE. UU. en 2014. La mayoría son jóvenes – la media es 29 años y el sueldo $13,000 – buscando una vida mejor. Mientras muchos encontrarán empleo eventualmente en los EE. UU., sus sueldos inicialmente serán suficientemente bajos para calificar para Medicaid, vales de comida y vivienda pública. Sus hijos asistirán a escuelas públicas.

    Los refugiados puertorriqueños también podrán votar. En 2014, Florida (23,297) fue el destino más popular para los puertorriqueños seguido por Texas (5,019) y Pennsylvania (4,304). Virginia (1,664) y Ohio (1,553) se clasificaron como noveno y décimo. El Presidente Obama ganó Florida con un margen de aproximadamente 74,000 votos en 2012 – hay más de un millón de puertorriqueños viviendo en ese estado – y 537 votos decidieron la elección presidencial de 2000.

    Inactividad por parte del Congreso relegaría la isla a una parálisis económica, y le relegaría los votantes de Florida y Puerto Rico a los Demócratas en los años venideros. 

    La decisión de la junta editorial de desprestigiar a millones de ciudadanos americanos llamándoles "refugiados" es irresponsable.

    Puertorriqueños mudándose a otra parte de los Estados Unidos no son “refugiados”; son ciudadanos americanos, y se les otorgó de manera oficial la ciudadanía americana el 2 de marzo de 1917. Los derechos completos de ciudadanía se extendieron más tarde a “todas las personas que nacieron en Puerto Rico el día 11 de abril de 1899 o después de esta fecha.” Si algunos residentes de Puerto Rico eligen mudarse a través de los Estados Unidos en búsqueda de mejores oportunidades económicas, tienen todo el derecho de hacerlo.

    Millones de puertorriqueños están sufriendo de la confluencia entre la codicia corporativa y la mala gestión burocrática en la isla, como explica el Huffington Post. El programa de HBO Last Week Tonight también ha expuesto las circunstancias precarias creadas por el estatus de Puerto Rico como territorio estadounidense, en vez de un estado completamente incorporado, y destacó la importancia de ayudar a Puerto Rico a reestructurar su deuda.

    El Journal inspirando temores sobre los llamados ““refugiados” puertorriqueños” se ajusta al discurso que los medios de derecha impulsan sobre la supuesta amenaza que representan inmigrantes y refugiados. Las cadenas noticiosas de derecha suelen preocuparse de que los refugiados absorberán los recursos del gobierno, y de que los Demócratas usarán programas de beneficios del gobierno para inclinar las preferencias de los inmigrantes hispanohablantes hacia su lado. Pero la decisión del Journal de pintar a los puertorriqueños como “refugiados” – en vez de los ciudadanos americanos que son – está estableciendo un nuevo estándar de bajeza para los conservadores.

  • WSJ Falsely Labels Puerto Ricans As “Refugees” In Their Own Country

    Puerto Ricans Are Full American Citizens

    Blog ››› ››› CRAIG HARRINGTON Versión en español

    The Wall Street Journal issued a dire warning that the unfolding debt crisis in Puerto Rico could create an “exodus” of “Puerto Rican refugees” to the United States who would vote for Democrats and soak up public benefits -- completely ignoring their status as American citizens, with every right to live and work in whatever part of the country they wish.

    On May 2, The New York Times reported that the government of Puerto Rico defaulted on $399 million of a scheduled debt payment of $422 million owed to creditors and bondholders. According to the Times, the government in San Juan has already severely cut public services for millions of the island’s residents, but it is still unable to make up the revenue shortfall created by a prolonged recession that has sapped the Puerto Rican economy. Puerto Rico will be unable to repay its obligations without an act of Congress allowing the island to restructure its debt.

    In a May 2 editorial, The Wall Street Journal urged necessary congressional action to help Puerto Rico write-down and restructure its debt obligations, but it did so only to avoid “anarchy and a back-door bailout” that would result in “tens of thousands of Puerto Ricans flee[ing] to the mainland where they will land on the U.S. public dole.” The Journal said the debt crisis could result in an “exodus” of “Puerto Rican refugees” moving to another part of the United States and voting in federal elections. The paper speculated that if the Republican-controlled Congress did not assist the island, Puerto Rican votes would go “to the Democrats for years to come” (emphasis added):

    A new report by the Instituto de Estadísticas de Puerto Rico shows the island’s population exodus is accelerating with a net 64,000 Puerto Ricans moving to the U.S. in 2014. Most are young people—the median age is 29 and income is $13,000—seeking a better life. While many will eventually find jobs in the U.S., their incomes will at least initially be low enough to qualify for Medicaid, food stamps and public housing. Their kids will attend public schools.

    The Puerto Rican refugees will also be able to vote. In 2014, Florida (23,297) was the top destination for Puerto Ricans followed by Texas (5,019) and Pennsylvania (4,304). Virginia (1,664) and Ohio (1,553) ranked ninth and tenth. President Obama won Florida by about 74,000 votes in 2012—there are more than one million Puerto Ricans living in the state—and 537 votes decided the 2000 presidential election.

    A congressional default would relegate the island to economic paralysis, and Florida and Puerto Rican voters to the Democrats for years to come.

    The editorial board’s decision to slur millions of American citizens as “refugees” is irresponsible.

    Puerto Ricans moving to another part of the United States are not “refugees”; they are American citizens, and have been granted formal American citizenship since March 2, 1917. The full rights of citizenship were later extended to “All persons born in Puerto Rico on or after April 11, 1899.” If some residents of Puerto Rico choose to move throughout the United States in search of better economic opportunities for themselves and their families, they have every right to do so.

    Millions of Puerto Ricans are suffering from the island's confluence of corporate greed and bureaucratic mismanagement, as explained by the Huffington Post. HBO's Last Week Tonight has also exposed the precarious circumstances created by Puerto Rico’s status as a U.S. territory, rather than a fully incorporated state, and highlighted the importance of helping Puerto Rico restructure its debt.

    The Journal’s fearmongering about so-called “Puerto Rican refugees” fits the standard right-wing media trope about the supposed threat presented by immigrants and refugees. Right-wing outlets often worry that refugees will soak up government resources, and that Democrats will use government entitlement programs to curry favor with Spanish-speaking immigrants. But the Journal’s decision to paint Puerto Ricans as refugees -- rather than the American citizens they are -- may set a new low for conservatives.

  • Fox & Friends Follows Conservative Playbook To Spin GDP Report, Mislead On Obama’s Economic Record

    Blog ››› ››› CRAIG HARRINGTON

    On the April 29 edition of Fox News’ Fox & Friends, Fox Business host Stuart Varney joined co-hosts Ainsley Earhardt, Brian Kilmeade, and Steve Doocy for a segment slamming President Obama’s record on the economy. The segment was a response to Obama’s recent interview with The New York Times, during which the president discussed how markedly the economy has improved since 2008 and what he hopes will be his economic legacy. The segment seemed to unwittingly mirror the right-wing playbook for downplaying positive economic gains during Democratic administrations by relying on false conservative talking points to dismiss economic growth and tout failed tax policies:

    Fox’s 3 Percent Growth Target Is Arbitrary And Ignores American History

    The segment opened with Kilmeade and Varney making the false claim that Obama is “the only U.S. president who could not deliver a single year of three percent growth.” It is not clear why Fox News is fixated on growing the economy at an average rate of three percent annually. Regardless, Kilmeade’s claim that Obama is “the only” president not to clear that bar is false.

    According to data from the Bureau of Economic Analysis (BEA), which only has consistent annual data from 1930 to the present, Republican president Herbert Hoover didn’t just fail to hit three percent growth, he failed to hit zero percent growth. The economy contracted at a rate of -8.5 percent in 1930, -6.4 percent in 1931, a staggering -12.9 percent in 1932, and -1.3 percent in 1933. The contraction in 1933 may have been greater, had Franklin Delano Roosevelt not replaced Hoover in the White House in March of that year, initiating substantial government stimulus projects known as the New Deal. Reliable GDP estimates prior to 1930 are difficult to find, but those data that are available show four consecutive Republican presidents overseeing economic growth of less than 2 percent from 1871 to 1885. Over the course of the next 45 years the economy swung wildly between boom and bust cycles, including several deep depressions, before the Great Depression and FDR’s subsequent creation of oversight mechanisms that work to maintain relative economic stability.

    Varney Consistently Misleads On The Economy

    Fox Business host Stuart Varney is supposed to be a serious voice for analysis and expertise at the network, but Varney is a serial minformer, who creates confusion on economic issues.

    In November 2014, Varney predicted that a Republican takeover of the Senate would usher in an era of “3 to 4 percent” growth, which he now complains hasn’t happened. The economy grew at a 2.4 percent pace in 2014, and continued to grow at a rate of 2.4 percent after the GOP took over complete control of Congress in 2015. Yesterday, when the Commerce Department figures were first released, Varney wondered if the economy growing at a slightly slower rate than experts had predicted was proof that we are “sliding toward recession” -- his comments came just moments after an actual economist was on CNBC debunking the idea.

    In the past week, Varney has attacked impoverished children for soaking up too many government benefits and watched idly as an economist easily debunked conservative demands for more tax cuts and deregulation to spur the economy. Since the start of the year Varney has been an unceasing source of misinformation on the minimum wage, has misled on the funding structures of public-sector unions, has lamented a proposal to pay people for the hours they work, and has attacked “ridiculous” anti-poverty programs that help struggling families and save taxpayers money.

    Fox News Follows The Conservative Misinformation Script To Perfection

    In an April 28 blog post, Washington Post columnist Paul Waldman explained how Republicans mislead the American public about the health of the economy by ignoring positive economic trends. The focus of Waldman’s comparison was the “objective reality” of progress and areas for improvement specified by Democratic presidential candidate Hillary Clinton and the “laughable fantasy” of “an absolute (economic) nightmare” outlined by Republican front-runner Donald Trump, but it could have just as easily been any of the personalities at Fox News. This April 29 Fox & Friends segment that mislead on GDP is one very good example.

    In Waldman’s piece, he hit Trump for pretending tax cuts are the solution to economic growth -- they are actually a proven failure. Varney often repeats this same tax cut talking point at Fox. When Earhardt asked on Fox & Friends “what is the reason for these bad numbers” on the economy, Varney slammed “massive regulation, constant government borrowing” and “overspending to raise the debt” -- exactly the talking points for which Waldman hit Trump the day before.

  • Wash. Post Debunks Right-Wing Myth That The Gender Wage Gap Results From Women's Choices

    New Research Shows The Gender Pay Gap Is Widening For College Graduates

    Blog ››› ››› CRAIG HARRINGTON

    The Washington Post highlighted new research demonstrating that pay disparities between men and women “start earlier in their careers than frequently assumed and have significantly widened” among college graduates in the past year. The research debunks a claim frequently promoted by right-wing media outlets that the obvious pay discrimination faced by millions of American women is the result of their personal and professional choices.

    In an April 28 post for The Washington Post's Wonkblog, reporter Danielle Paquette highlighted research from the Economic Policy Institute (EPI) and American Association of University Women (AAUW) demonstrating that pay disparities between men and women start as soon as students graduate from college, persist regardless of chosen career fields, and are actually worse for college graduates than for women with only a high school education. The research stands as yet more evidence against the misleading claim frequently pushed by conservative media outlets that the gender pay gap, if it exists at all, is actually the fault of women who pursue less lucrative professions and forgo career opportunities to have children and raise a family.

    From The Washington Post (emphasis added):

    Pay disparities between men and women start earlier in their careers than frequently assumed and have significantly widened for young workers in the past year, according to a report from the Economic Policy Institute.

    Paychecks for young female college graduates are about 79 percent as large as those of their male peers, the think tank found -- a serious drop from 84 percent last year.

    The sudden change follows a more gradual shift. In 2000, women ages 21 to 24 with college degrees earned 92 percent of their male counterparts’ wages on average, which was unchanged from 1990.

    Regardless of their education, young women typically earn less money than young men in the United States. Female high-school graduates, ages 21 to 24, now earn an average of 92 cents for every dollar paid to their male counterparts.

    [...]

    Some have argued that the wage gap, at any stage of a woman’s life, starts with her choices. Women are more likely than men to scale back at work when they start a family, for instance. (Employers are also more likely to reward fathers and penalize mothers.) But EPI's data shows that the gender wage gap cracks open right after college graduation, well before decisions like maternity leave can affect women’s earnings.

    [...]

    A 2015 AAUW report of workers one year out of college found considerable pay differences between men and women in the same career fields.

    Women who majored in business, for example, earned an average of $38,000, while men bagged just more than $45,000. In engineering, computer and information sciences fields, young female graduates earned between 77 and 88 percent of what their male colleagues made.

    Across all fields, after controlling for major, occupation and grade-point average, the report found women still earned 7 percent less than men.

  • STUDY: Cable And Broadcast News Try To Cover The Economy Without Economists

    Economists Made Up 1 Percent Of Guests In The First Quarter Of 2016, While Shows Focused On Campaigns, Inequality

    ››› ››› CRAIG HARRINGTON & ALEX MORASH

    Expertise from economists was almost completely absent from television news coverage of the economy in the first quarter of 2016, which focused largely on the tax and economic policy platforms of this year’s presidential candidates. Coverage of economic inequality spiked during the period -- tying an all-time high -- driven in part by messaging from candidates on both sides of the aisle, but gender diversity in guests during economic news segments remained low.