Cable And Broadcast News Finally Start Covering InequalityOctober 3, 2013 10:18 AM EDT ››› ALBERT KLEINE
Cable and broadcast evening news significantly increased coverage of inequality and poverty in recent months. This increased coverage comes at a crucial time, with reports showing historic highs in both metrics.
A Media Matters analysis found that issues of inequality and poverty were discussed in roughly 20 percent of broadcast and cable nightly news segments on the economy over the third quarter of 2013.
This spotlight on inequality in television news represents a departure from past coverage. In the second quarter of 2013, inequality and poverty were mentioned in only 9.3 percent of cable and broadcast segments on the economy. Similarly, major print outlets have failed to note structural inequality in their coverage of policies and programs that affect low-income groups.
Regardless, the increased coverage of poverty and inequality, especially when it is devoid of political motivations to defund anti-poverty programs, comes at a critical time.
In September, economists found that income inequality had reached its highest level since 1928, right before the onset of the Great Depression, with incomes for the top 1 percent of earners rising 20 percent. Meanwhile, incomes for the bottom 99 percent rose by only 1 percent. This research came on the heels of a report by the Economic Policy Institute that found median wages have remained stagnant for nearly a decade, despite increases in productivity.
As inequality has risen, improvement in poverty statistics has been lacking. On September 17, the United States Census Bureau released its annual report on income poverty and health insurance coverage for 2012. The report found that there was no significant improvement in reducing poverty since 2011, with the official poverty rate holding at 15 percent.
As reports flood in about the rising inequality and stagnant poverty rates, media have no choice but to cover issues that are unfortunately pertinent to an increasing number of Americans.