Fox News is continuing its push for government spending cuts despite broadcast and cable news outlets largely shifting toward advocating economic growth in their coverage.
Media Matters research revealed that throughout the second quarter of 2013, broadcast and cable nightly news programs were more likely to advocate economic growth over deficit reduction. Of the total 280 segments on the economy, 97 had the host or guests advocate economic and job growth as an economic priority, compared to 80 that pushed for deficit reduction.
Fox News, however, stands out in its continued and overwhelming focus on deficit reduction, dedicating 61 segments to the topic, nearly double the number of segments it afforded to discussions of economic growth. Moreover, the network accounts for 76 percent of segments that advocate deficit reduction across all networks.
Fox's continued focus on deficit reduction occurs despite a broad shift in economic coverage in television news. In the month of April, cable and broadcast nightly news advocated deficit reduction over economic growth by 45 segments to 35. The latest data shows a reversal of this trend.
More importantly, the network's continued focus on reducing spending and deficits ignores economic reality and the opinions of economists.
Deficits over the past few years have been declining rapidly, and current Congressional Budget Office projections show falling deficits in coming years. Furthermore, both the Congressional Budget Office and the Office of Management and Budget recently reduced estimates for this year's deficit.
Economists have repeatedly expressed concern over reducing deficits in an ailing economy, arguing that more fiscal stimulus is needed to boost economic and job growth.