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Krugman: Media "Blindness" To GOP Fiscal Irresponsibility "Amounts To Journalistic Malpractice"

January 05, 2011 9:42 am ET by Jamison Foser

New York Times columnist and Nobel Prize-winning economist Paul Krugman takes the media to the woodshed:

I see that the Washington Post editorial board is shocked, shocked to discover that the incoming Republicans aren’t serious about deficit reduction. Who could have suspected?

I was going to be snarky all the way here, but actually let’s be serious: the gullibility of much of the media establishment on all this amounts to journalistic malpractice.

Republicans have, after all, been the party of fiscal irresponsibility since 1980; the GW Bush administration confirmed, if anyone was in doubt, that unfunded tax cuts are now in the party’s DNA.

...

Why the blindness? I suspect a lot of it had to do with the desire to seem balanced. Journalists felt that they had to find Republican fiscal heroes, just to show how even-handed and open-minded they were. To say that the whole deficit thing was a political ploy, with no substance behind it, sounded shrill.

The truth often does.

Another problem, of course, is that many reporters simply believe conservatives who claim to care about deficits without assessing whether their policy positions are consistent with those claims. It’s easier and fits into absurd -- and, as Krugman notes, false -- stereotypes. 

Krugman makes another point worth highlighting in desperate hope that his fellow journalists start paying attention:

Then along comes a Democratic president who presides over all of two years of deficits in the immediate aftermath of a severe financial crisis – which is a time when you’re actually supposed to run deficits. Republicans begin inveighing against the evils of red ink – and, incredibly, get taken at face value.

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    • Author by markslp7013 (January 05, 2011 9:52 am ET)
      17  
      I thought that tax cuts for the wealthy created jobs and actually increased the revenue to the federal government so that we could pay down the debt? And the Iraq war wasn't going to cost us anything. Please don't tell me that the Republicans were lying and that the media were complicit. I don't think I could stand it!
      Report Abuse
      • Author by indigo1968 (January 05, 2011 10:59 am ET)
        14  
        I seem to recall Cheney also once claiming the Iraq War would be fully funded by Iraqi oil revenues. Since that was a lie, maybe we can send him the bill for the amount the war has added to the deficit.
        Report Abuse
      • Author by rtwmd1230 (January 05, 2011 1:40 pm ET)
        9  
        "And the Iraq war wasn't going to cost us anything."

        No, the war was going to make a profit. It was the Medicare prescription drug coverage that was going to be free.
        Report Abuse
        • Author by curiousindependent (January 07, 2011 10:13 am ET)
          2  
          Not only that, but it was going to be a slam-dunk easy affair, over in three months.
          Report Abuse
    • Author by DAWUSS (January 05, 2011 9:54 am ET)
      11 1
      This is the 21st century. Hackers and bloggers are the new reporters and commentators, and that section of society where journalism still lives.
      Report Abuse
    • Author by MidnightWriter (January 05, 2011 9:58 am ET)
      11  
      Well said, Dr. Krugman!

      If our news media is supposed to be the public watchdog we've seen too many of its members dip their heads, roll over on their backs, and turn into submissive followers. They seem to be playing the same role that they did during the build up to the invasion of Iraq and trying to show the same type of false "balance" in their coverage.

      We'll get nowhere if they keep playing meek puppies unwilling to stand up against those who are barking the loudest.
      Report Abuse
      • Author by cugagcmu805031 (January 05, 2011 4:28 pm ET)
        7  
        Thomas Jefferson, in particular, is rolling over in his grave because he held the media in a democracy responsible for informing citizens about their government so that they could make informed decisions that would benefit them.

        IMO, Krugman's op-ed destroys the myth of there being a "liberal media" that rules the American media market, and, as much as I hate to admit it, it also seems to endorse Palin's claim that the MSM really is the "lamestream media."
        Report Abuse
    • Author by teh.stoopid.lib (January 05, 2011 10:04 am ET)
      12  
      Buh... buh... buh... but LIBURL MEEEEEDIA!!
      Report Abuse
    • Author by David2012 (January 05, 2011 10:05 am ET)
      8  
      Most would-be "journalists" are stunningly ignorant on macroeconomics. They understand how to make money for themselves, all right, and know that go along, get along is the path to that, but as far as bothering to learn anything about how economies function, forget it. That involves like actual work.
      Report Abuse
    • Author by ifthethunderdontgetya™³²®© (January 05, 2011 10:17 am ET)
      11  
      Why the blindness? I suspect a lot of it had to do with the desire to seem balanced.

      This defence has been raised for years, and I don't buy it anymore.

      GOP policies directly benefit the rich, and the rich only. This inlcudes newspaper publishers who have inherited their media empires.

      When was the last time the Washington Post fired a conservative for lying on their pages? George F. Will still works there. Meanwhile, the right-wing hacks and liars likeMichael Gerson, Marc Thiessen, and Jennifer Rubin have been hired. Today, you can find Mitch McConnell lecturing the Democrats about deficit reform on Fred Hiatt's scribble page.

      The NYT and the WaPo define the country's alternative to Republican rule ever rightward, and the Sulzberger and Graham family dynasties benefit directly.
      ~
      Report Abuse
      • Author by LiberalEagle422 (January 05, 2011 10:26 am ET)
        7 1
        GOP policies directly benefit the rich, and the rich only.


        Agreed. If only there were some sort of story to help back us up...

        http://www.msnbc.msn.com/id/40913123/ns/politics/

        ah there it is!
        Report Abuse
      • Author by mattcable250650 (January 05, 2011 1:04 pm ET)
        4  
        Yeah, I think it's more a matter of the media have convinced themselves that "balance" requires them to look the other way and that they must ignore inconvenient reality. Are they lying? Ehhh, sort of. It's kind of a semi-conscious rationalization that people use to justify their actions to themselves.
        Report Abuse
        • Author by curiousindependent (January 07, 2011 10:17 am ET)
             
          Whatever, my wife considers me to have lied if I neglect to mention a visit to a topless bar for lunch. Not that she cares if I visit, she just considers it a lie or coverup if I don't mention it very soon after I get home.

          Report Abuse
    • Author by terrapin53 (January 05, 2011 10:19 am ET)
      10  
      Deficits and debt started in January 2009. Just ask any republican.

      I agree with what Krugman says. When I am working I do try to live within my means, but I do accumulate some debt such as a mortgage. If my job were to go away, then I will accumulate more debt as I do whatever it takes to keep paying my mortage and utilities, even if that means putting it on a credit card. The government is no different other than they have 310 million people to worry about and I only have me, my wife, and my 2 cats.
      Report Abuse
      • Author by ifthethunderdontgetya™³²®© (January 05, 2011 10:23 am ET)
        7  
        You could also ask Washington Post Economics Columnist Robert J. Samuelson, he reached the same conclusion.
        ~
        Report Abuse
    • Author by RedChocobo (January 05, 2011 11:15 am ET)
      6  
      The more I read Krugman, the more I like him. His blogs are often even better than his columns.
      Report Abuse
      • Author by Rock0267 (January 05, 2011 11:51 am ET)
          1
        actually, the man is an idiot. For somebody so listened to, he truly does not understand even basic economics. It doesn't take a genius (just somebody who is willing to look at the US government's very own statistics) to realize that when you reduce tax rates that revenue OVERALL actually ALWAYS increases. Look it up yourself. If it wasn't for overspending (the wars, welfare, etc), we actually would have not had a deficit during the entire Bush years thanks to his tax cuts. This is true.
        Report Abuse
        • Author by lede39571545 (January 08, 2011 9:29 am ET)
             
          Krugman won a Nobel Prize for being an idiot. Please let us know what prize you won?
          Report Abuse
    • Author by sprit (January 05, 2011 11:26 am ET)
         
      Pure economics science. That Krugman doesn't sound the least bit partisan, does he?
      Report Abuse
    • Author by pete592 (January 05, 2011 11:34 am ET)
      7  
      Many people knowledgeable about the federal budget said House Republicans could not keep their campaign promise to cut $100 billion from domestic spending in a single year. Now it appears that Republicans agree. [...]

      Now aides say that the $100 billion figure was hypothetical, and that the objective is to get annual spending for programs other than those for the military, veterans and domestic security back to the levels of 2008, before Democrats approved stimulus spending to end the recession.
      Report Abuse
      • Author by curiousindependent (January 07, 2011 10:19 am ET)
           
        That wouldn't be counted as a lie the Republicans told to get elected, either. Not by the folks who claim that Obama lied about everything he tried to accomplish and was blocked.
        Report Abuse
    • Author by YourAlwaysWrong (January 05, 2011 11:40 am ET)
         
      Republicens are so stupied and dum !
      Report Abuse
    • Author by What Happened to Gannon (January 05, 2011 12:15 pm ET)
      4  
      When is Krugman getting his own TV show?
      Report Abuse
    • Author by NiceguyEddie (January 05, 2011 12:58 pm ET)
      11  
      Why does it take a Nobel Laureate to recognize this?

      Why should it even take the press to tell us?

      How f---ing stupid are we as a coutnry?

      Four simple facts: Reagan ran record deficits. Bush'41 ran record deficits. Clinton ended up with multiple surpluses. Bush'43 ran record deficits!

      How the hell can ANYONE take ANY Republican seriously when it comes to deficit reduction?! My father was barely old enough to vote for the last fisclally responsible Republican! (And back when they still existed, he was still voting Democrat!) They have absolutely no standing when it comes to fiscal responsibility! None! Whatsoever!

      Is the press REALLY that good at propagandizing?!
      Are we REALLY that god damned GULLIBLE?!

      -------------------------------------
      Unbelieveable

      Report Abuse
      • Author by terrapin53 (January 05, 2011 2:02 pm ET)
        4  
        Are we REALLY that god damned GULLIBLE?!

        Apparently so. Say it loud enough and often enough and people will believe it.
        Report Abuse
      • Author by cugagcmu805031 (January 05, 2011 4:36 pm ET)
        9  
        I would imagine for the same reason that it took Jon Stewart to let the public know that the republicans were blocking the Zadroga bill. It is the refusal of trained journalists in the MSM to do their jobs in an unbiased manner (I cannot fail to mention the influences of their corporate bosses on what they are/are not permitted to write and publish, either.)

        The failure of the MSM to do its job is what has driven me to turn to foreign newspapers to learn the truth about what goes on in my own country. Al Jazeera, which many conservatives hate, is a much better source for learning the truth about this country than any news outlet in the good old U.S. of A.
        Report Abuse
      • Author by curiousindependent (January 07, 2011 10:24 am ET)
           
        Considering that When there is a Republican in the White House and a Democratic Congress, all things bad, such as deficits, are the fault of Congress, all things good are the fault of the president. When there is a Democrat in the White House it is inverted.

        Apparently, when the White House and the Congress are both controlled by the Republicans, the blame for anything bad goes to the next Democratic majority or president. Or both.
        Report Abuse
      • Author by awizard2u (January 07, 2011 4:33 pm ET)
        1  
        Niceguy, yes, not only are most american voters that gullible but they are incredibly stupid. I knew beyond a doubt that Bushy couldn.t get elected the second term after 4 years of complete failure. But the same idiots voted for him afterall. Insane I tell you, absolutely certifiably 5150, either that or I am. Unfortunately for the country I'm not.

        "Speak your truth quietly and clearly; and listen to others,even the dull and ignorant; they too have their story"
        Report Abuse
    • Author by YouTubeJEFF9K (January 05, 2011 1:38 pm ET)
      6  
      A big problem with the news media is their conflict of interest between reporting facts and not angering the Republican advertisers they depend upon to stay in business. A small, partial solution might be to carry disclaimers pointing out the conflict.
      Report Abuse
      • Author by DenverC (January 05, 2011 5:19 pm ET)
        1  
        A joint study by New York University­, Harvard, and the University of Texas compared the childhoods of liberals and conservati­ves: As kids, liberals had developed close relationsh­ips with peers and were rated by their teachers as self-relia­nt, energetic, impulsive, and resilient. People who were conservati­ve at age 23 had been described by their teachers as easily victimized­, easily offended, indecisive­, fearful, rigid, inhibited, and vulnerable­. The reason for the difference was that insecure kids most needed the reassuranc­e of tradition and authority, and they found it in conservati­ve politics.

        A 2003 University of Maryland study concluded that:
        Conservati­ves are more likely to be "followers­"
        Liberals are more optimistic­.
        Liberals are more likely to like classical music and jazz. Conservati­ves, country music.
        Conservati­ve men are more likely than liberal men to prefer entertainm­ent like TV.
        Liberal women are more likely than conservati­ve women to enjoy books.
        Conservati­ves have a greater desire for orderlines­s, duty, and rule-follo­wing.
        Liberals are higher on openness, which includes intellectu­al curiosity, excitement­-seeking, novelty, creativity for its own sake, and a craving for stimulatio­n like travel, color, art, music.
        http://www­.impactlab­.com/2007/­01/09/poli­tical-pers­onality-tr­aits/
        Report Abuse
      • Author by papajohn (January 05, 2011 7:51 pm ET)
        1 1
        Unlike MMFA, at least Krugman noticed that it isn't just the Right Wing Media that are complicit in the corporate sham called "news" media.

        John
        Report Abuse
        • Author by YouTubeJEFF9K (January 05, 2011 9:41 pm ET)
          2  
          Where does it say that?
          Report Abuse
        • Author by yoiksaway (January 06, 2011 1:50 pm ET)
          2  
          You ARE joking, yes? There is MMFA pointing out Krugman, WaPost, and NYT, over and over again, including this headline about GOP hypocrisy, and you think they only pay attention to the Right Wing media. MMFA serves you A and B on a platter, and you only see B. We have a problem.

          Naw, you must be joking, that has to be it.
          Report Abuse
    • Author by grmce (January 06, 2011 10:24 pm ET)
      3  
      It continues to amaze me that the society that produced Paul Krugman still can't grasp the most basic principles of the discipline of economics.

      As for failing to notice what is going on right in front of them vis a vis the irresponsible madness of the economic and fiscal policies and actions of conservatives, the mind boggles. This is not restricted to the U.S. There is a tendency for journalists the world over to assume that people associated with the world of commerce have a monopoly on economic sense and fiscal capability. This is most certainly not so.

      Historically the world of commercial finance has lurched from operating competently to "irrational exuberance" to outright criminality and back. There is a world of difference between the profit motive of the capitalist and the socioeconomic wellbeing objective of the economist. The former deals with an individual's benefit whereas the latter deals with a collective good. Latterday conservatives are crap at economics and public finances and have demonstrated it with increasing clarity over the past 400 years.
      Report Abuse
    • Author by papa bear3 (January 07, 2011 2:14 pm ET)
         
      ...It was a sad note when CNBC's Dylan Rhatigan, yesterday, showed the shift in Wall Street funding of the respective political parties moved from Democrat to Republican.
      Report Abuse

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