CNBC anchor Joe Kernen praised Gov. Scott Walker's (R-WI) efforts "to get your state's finances in order" and suggested "reasonable people" would agree with his economic record. In reality, job and wage growth under Walker have trailed behind the national average, and he "will skip more than $100 million in debt payments to balance the books thrown into disarray by his tax cuts."
Kernen began his February 19 Squawk Box interview by telling the potential 2016 presidential candidate that "we've been together every step of the way on this show since your first election." He added, "I'm not going to recuse myself. But, you know, maybe [co-anchor] Andrew [Ross Sorkin] is here to grill you."
Kernen cheered Walker's economic and fiscal leadership. After Walker said he won his election because "in times of crisis, economic and fiscal in particular, they want leadership," Kernen said: "If there was an objective person watching the way the governor of Illinois approached that state's problems, and the way you approached it, I would think most reasonable people would say it looks like the way to do this maybe isn't just raising taxes to cover an ever increasing state budget."
Walker said, unchallenged, that Wisconsin's "tax burden is down, the economy is moving up, we've got a stable workforce, we've got all the sorts of advantages you want. And we're still -- plenty more work to be done, like it needs to be done across America, but there is a sharp contrast, no doubt about it."
Rush Limbaugh advocated for Senate Republicans to eliminate Democrats' ability to filibuster a Department of Homeland Security (DHS) funding bill, his latest in a series of reversals on the legality of filibuster reform.
On the February 17 edition of Premiere Radio Networks' The Rush Limbaugh Show, Limbaugh urged Senate Republicans to eliminate the filibuster, which would keep Democrats in the minority from blocking the GOP's DHS funding bill that would "gut years of the Obama administration's directives on immigration reform."
Limbaugh advocated for a complete elimination of the filibuster, saying "it would be poetic justice" following Democrats' 2013 vote to eliminate the ability of the minority party to filibuster most presidential nominees (a move taken in response to years of unprecedented Republican obstruction). He assured Republicans, "It would also be good. It would work" to halt Obama's immigration reform.
What Limbaugh doesn't admit is that when Democrats changed the filibuster rules in 2013, he raged that Democrats had taken a step towards "total statist authoritarianism." At the time, Limbaugh complained that "250 years of rules, Senate rules, out the window, as the Democrats have made it plain they're not interested in democracy.
Conveniently, now that Republicans have majority control of the Senate, Limbaugh argues, "we ought to do the same thing."
The radio host's selective outrage is not at all surprising given the fact that he enthusiastically supported similar filibuster reform when Republicans controlled the Senate in 2004. Then he even called the so-called "nuclear option" -- the ability of the majority party in the Senate to eliminate the minority's ability to block presidential nominations -- the "Constitutional option," encouraging Republicans to pursue it.
From the February 17 edition of TawkrTV's The Bill Press Show:
From the February 2 edition of Fox News' Special Report with Bret Baier:
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From the January 30 edition of Fox News' Special Report with Bret Baier:
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From the January 29 edition of Fox News' Special Report with Bret Baier:
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Right-wing media outlets used a flawed National Bureau of Economic Research (NBER) working paper to attack unemployment insurance (UI), claiming that the paper proved that UI disincentives work. In fact, experts criticized the paper's methodology and data, and one of the paper's co-authors admitted that most UI recipients look for work while receiving benefits.
Coverage of the economy on weeknight television news shows during the last six months of 2014 continued to focus heavily on policies meant to boost job creation and economic growth, but discussions overwhelmingly lacked input from actual economists. Additionally, a Media Matters analysis uncovered a relative decline in the number of segments promoting the conservative media myths that Obamacare and increasing the minimum wage hurt the labor market.
From the December 16 edition of Premiere Radio Networks' The Sean Hannity Show:
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The Sunday broadcast political shows overwhelmingly ignored the omnibus spending bill's rollback of key regulations on Wall Street and campaign finance. Only ABC's This Week covered the provisions, which come at a time when the financial services industry and large donors are playing an increasingly outsized role in elections.
Congress' controversial $1.1 trillion spending bill to avoid a government shutdown took several days of debate to pass in the Senate and barely passed through the House of Representatives, due to the inclusion of provisions "easing rules on campaign finance and the banking industry," as NPR explained.
The deal reverses a requirement of 2010 Dodd-Frank financial reform, allowing banks to "place both standard accounts and accounts that handle riskier derivative trades under the protection of the Federal Deposit Insurance Corp." The provision was drafted by Citigroup bank and provides a major benefit to big banks that allows riskier trades and transfers accountability for banks' failures -- and potentially future financial crises -- onto the government and taxpayers. The bill also rolls back campaign finance regulations, dramatically increasing the limit wealthy individuals may donate to national political parties.
This erosion of key Wall Street and campaign finance regulations was all but ignored on the broadcast Sunday political talk shows. Neither NBC's Meet The Press, CBS's Face The Nation, nor Fox Broadcasting Company's Fox News Sunday acknowledged the controversial provisions in their discussion of the spending bill, glossing over the specific rollback of regulations in favor of general discussions on inner-party divisions on the vote. Only ABC's This Week highlighted the provisions. Host Martha Raddatz explained how the bill "dramatically ease[s] restrictions on the amount of cash individuals can donate to campaigns," while a later panel discussion emphasized the rollback of Wall Street regulations.
The shows' failure to cover the rollback of banking regulations and systematic erosion of campaign finance comes at a time when dark money, large donors, and outside spending are playing an increasingly outsized roll in elections and the financial services sector -- the very industry which drafted and stands to benefit from the Dodd-Frank reversal -- is already outspending all other industries in midterm elections.
Media coverage of an omnibus spending bill that rolled back key financial services regulations ignored the amount of money the financial services industry spent helping elect members of Congress in 2014. In fact, the industry lobbying to eliminate the regulation spent $436 million on federal candidates during the midterm elections.
Rush Limbaugh claimed on Fox News Sunday that the American people were "begging" the GOP to stop Obama by shutting down the government and denied the harmful effects of the 2013 shutdown, which cost an estimated $24 billion.
On the December 7 edition of Fox News Sunday, host Chris Wallace asked Limbaugh to defend his recent demands for congressional Republicans to force a government shutdown. Limbaugh stated that the results of the 2010 and 2014 elections showed the American people were "begging" the GOP to stop President Obama and that Republicans don't need to worry about the political risk of another shutdown. He then claimed that the "only thing that happened in that shutdown was Barack Obama closed [...] the World War II Memorial to World War II vets" and "shut down some White House tours."
But the shutdown was a significant blow to the U.S. economy. Standard & Poor's found the shutdown cost $24 billion in economic activity. Moody's Analytics chief economist Mark Zandi similarly estimated that it "stunted fourth quarter GDP growth by 0.5 points, resulting in a $20 billion hit," by disrupting "federal spending, global trade and investments in housing and businesses." Following the 2013 shutdown, Fox repeatedly downplayed its economic impact.
From the November 14 edition of Premiere Radio Networks' The Rush Limbaugh Show:
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A Media Matters study on the coverage of key policy issues in nightly news' midterm election broadcasts finds that 65 percent of network news segments that dealt with the midterm elections failed to discuss the policy issues most important to the American people.
Conservative media are denying recent reports that sliding financial support has stalled research on infectious diseases and vaccine development, ignoring evidence that funding shortfalls have handicapped the National Institutes of Health and the Centers for Disease Control and Prevention.
The director of the NIH, Dr. Francis Collins, told The Huffington Post on October 10 that "a decade of stagnant spending has 'slowed down' research on all items, including vaccinations for infectious diseases." Conservative outlets pivoted off of Collins' statement to misleadingly claim that an overall increase in the CDC's budget proves that a lack of funding has not hindered research on and the response to diseases like the Ebola virus.
On the October 14 edition of Fox News' Fox & Friends, host Steve Doocy said that the "CDC budget wasn't cut at all" and told viewers to "remember that money to [the CDC and the NIH] actually went up rather than got cut." On the October 13 edition of his radio show, Rush Limbaugh similarly argued that "the CDC got plenty of money," including "significant budget increases."
But both the NIH and agencies inside the CDC have experienced funding problems over the past decade. As The Huffington Post pointed out, the NIH's purchasing power has dipped significantly:
NIH's purchasing power is down 23 percent from what it was a decade ago, and its budget has remained almost static. In fiscal year 2004, the agency's budget was $28.03 billion. In FY 2013, it was $29.31 billion -- barely a change, even before adjusting for inflation. The situation is even more pronounced at the National Institute of Allergy and Infectious Diseases, a subdivision of NIH, where the budget has fallen from $4.30 billion in FY 2004 to $4.25 billion in FY 2013.