Mainstream media figures, following in the footsteps of conservative media, are trying to manufacture a scandal out of former Secretary of State Hillary Clinton's recent argument against trickle-down economics by stripping her comments of context to falsely cast them as a controversial gaffe or a flip-flop on previous statements about trade.
Conservative media outlets rushed to vilify Clinton's stance after she pushed for a minimum wage increase and warned against the myth that businesses create jobs through trickle-down economics at an October 24 campaign event for Massachusetts gubernatorial candidate Martha Coakley (D). Breitbart.com complained, "Clinton told the crowd ... not to listen to anybody who says that 'businesses create jobs,'" conservative radio host Howie Carr said the comments showed Clinton's "true moonbat colors," while FoxNews.com promoted the Washington Free Beacon's accusation that she said "businesses and corporations are not the job creators of America."
Mainstream media soon jumped on the bandwagon.
CNN host John King presented Clinton's comments as a fumble "a little reminiscent there of Mitt Romney saying corporations are people, too," and USA Today called the comments "An odd moment from Hillary Clinton on the campaign trail Friday - and one she may regret." In an article egregiously headlined, "Hillary Clinton No Longer Believes That Companies Create Jobs," Bloomberg's Jonathan Allen stripped away any context from Clinton's words in order to accuse her of having "flip-flopped on whether companies create jobs," because she has previously discussed the need to keep American companies competitive abroad.
Taken in context, Clinton's comments are almost entirely unremarkable -- and certainly don't conflict with the philosophy that trade can contribute to job growth, as Allen suggests. The full transcript of her remarks shows she was making the established observation that minimum wage increases can boost a sluggish economy by generating demand, and that tax breaks for the rich don't necessarily move companies to create jobs:
CLINTON: Don't let anybody tell you that raising the minimum wage will kill jobs. They always say that. I've been through this. My husband gave working families a raise in the 1990s. I voted to raise the minimum wage and guess what? Millions of jobs were created or paid better and more families were more secure. That's what we want to see here, and that's what we want to see across the country.
And don't let anybody tell you, that, you know, it's corporations and businesses that create jobs. You know, that old theory, trickle-down economics. That has been tried. That has failed. That has failed rather spectacularly.
One of the things my husband says, when people say, what did you bring to Washington? He says, well I brought arithmetic. And part of it was he demonstrated why trickle down should be consigned to the trash bin of history. More tax cuts for the top and for companies that ship jobs over seas while taxpayers and voters are stuck paying the freight just doesn't add up. Now that kind of thinking might win you an award for outsourcing excellence, but Massachusetts can do better than that. Martha understands it. She knows you have to create jobs from everyone working together and taking the advantages of this great state and putting them to work.
Economic experts agree that job growth is tied to the economic security of the middle class.
U.S. economic growth has historically relied on consumer spending, and middle class consumers are "the true job creators," Nobel Prize winning economist Joseph Stiglitz points out. Right now, the U.S. economy is "demand-starved," as Economic Policy Institute's (EPI) Joshua Smith puts it. Steiglitz says that, of all the problems facing the U.S. economy, "The most immediate is that our middle class is too weak to support the consumer spending that has historically driven our economic growth."
In a testimony before the Senate Committee on Health, Education, Labor, and Pensions, economist Heather Boushey noted that "It is demand for goods and services, backed up by an ability to pay for them, which drives economic growth" and "The hollowing out of our middle class limits our nation's capacity to grow unless firms can find new customers."
UC Berkeley economist Robert Reich agrees that the problem in the U.S. economy is demand. "Businesses are reluctant to spend more and create more jobs because there aren't enough consumers out there able and willing to buy what businesses have to sell," he writes, and places the blame on low paychecks and growing inequality: "The reason consumers aren't buying is because consumers' paychecks are dropping... Consumers can't and won't buy more." He says the key to job growth is "reigniting demand" by "putting more money in consumers' pockets." From The Huffington Post:
Can we get real for a moment? Businesses don't need more financial incentives. They're already sitting on a vast cash horde estimated to be upwards of $1.6 trillion. Besides, large and middle-sized companies are having no difficulty getting loans at bargain-basement rates, courtesy of the Fed.
In consequence, businesses are already spending as much as they can justify economically. Almost two-thirds of the measly growth in the economy so far this year has come from businesses rebuilding their inventories. But without more consumer spending, there's they won't spend more. A robust economy can't be built on inventory replacements.
The problem isn't on the supply side. It's on the demand side. Businesses are reluctant to spend more and create more jobs because there aren't enough consumers out there able and willing to buy what businesses have to sell.
The reason consumers aren't buying is because consumers' paychecks are dropping, adjusted for inflation.
Clinton's emphasis on the minimum wage is supported by economic experts as well. Reich says that raising the minimum wage is an effective way to generate the consumer demand that would spur job growth. It "would put money in the pockets of millions of low-wage workers who will spend it -- thereby giving working families and the overall economy a boost, and creating jobs." He also rejected critics' claims that giving low income-earners a raise hurts job growth: "When I was Labor Secretary in 1996 and we raised the minimum wage, business predicted millions of job losses; in fact, we had more job gains over the next four years than in any comparable period in American history."
EPI called the minimum wage a "critically important issue" that "would provide a modest stimulus to the entire economy, as increased wages would lead to increased consumer spending, which would contribute to GDP growth and modest employment gains" (emphasis added):
The immediate benefits of a minimum-wage increase are in the boosted earnings of the lowest-paid workers, but its positive effects would far exceed this extra income. Recent research reveals that, despite skeptics' claims, raising the minimum wage does not cause job loss. In fact, throughout the nation, a minimum-wage increase under current labor market conditions would create jobs. Like unemployment insurance benefits or tax breaks for low- and middle-income workers, raising the minimum wage puts more money in the pockets of working families when they need it most, thereby augmenting their spending power. Economists generally recognize that low-wage workers are more likely than any other income group to spend any extra earnings immediately on previously unaffordable basic needs or services.
Increasing the federal minimum wage to $10.10 by July 1, 2015, would give an additional $51.5 billion over the phase-in period to directly and indirectly affected workers, who would, in turn, spend those extra earnings. Indirectly affected workers--those earning close to, but still above, the proposed new minimum wage--would likely receive a boost in earnings due to the "spillover" effect (Shierholz 2009), giving them more to spend on necessities.
This projected rise in consumer spending is critical to any recovery, especially when weak consumer demand is one of the most significant factors holding back new hiring (Izzo 2011). Though the stimulus from a minimum-wage increase is smaller than the boost created by, for example, unemployment insurance benefits, it has the crucial advantage of not imposing costs on the public sector.
The economic benefits of a minimum wage increase are widely accepted. Over 600 economists signed a recent letter supporting an increase, arguing, "Research suggests that a minimum-wage increase could have a small stimulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth, and providing some help on the jobs front."
From the October 26 edition of CNN's Reliable Sources:
Loading the player reg...
Conservative financiers Charles and David Koch have spent far more to influence the 2014 midterm elections than progressive activist Tom Steyer, yet for months media outlets have equated the two.
As Republicans seek to gain a partisan advantage by ginning up fear about the Ebola virus in preparation for the midterm election cycle, they're getting a major assist from the news media, which seems to be equally anxious to spread anxiety about the virus, and to implicate President Obama for the health scare. At times, Republicans, journalists, and commentators appear to be in complete sync as they market fear and kindle confusion. ("You could feel a shiver of panic coursing through the American body politic this week.")
The result is a frightening level of misinformation about Ebola and a deep lack of understanding of the virus by most Americans. Indeed, despite weeks of endless coverage, most news consumers still don't understand key facts about Ebola.
If the news media's job is to educate, and especially to clarify during times of steep public concerns, then the news media have utterly failed during the Ebola threat. And politically, that translates into a win for Republicans because it means there's fertile ground for their paranoia to grow. (Sen. Rand Paul: Ebola is "incredibly contagious.")
"They have all caught the Ebola bug and are now transmitting the fear it engenders to millions of Americans," lamented a recent Asbury Park (NJ) editorial, chastising the cable news channels. "It turns out that fear-mongering translates not only into dollars and cents for news-gathering organizations, but also allows talking heads to politicize the issue."
If Republicans want the media to remain relentlessly focused on the anxious Ebola storyline prior to Election Day, they're in luck. Last night, the homepage for the Washington Post featured at least 15 Ebola-related articles and columns. Already this week, the cable news channels have mentioned "Ebola" more than 4,000 times according to TVeyes.com; or roughly 700 on-air references each day. The unfolding crisis is undoubtedly a major news story, but so much of the coverage --particularly on cable news -- has been more focused on fearmongering than solid information. It's a drumbeat that eventually becomes synonymous with fear and uncertainty, which dovetails with GOP's preferred talking point this campaign season.
And for Republicans, it's not just Ebola. The election season scare strategy that has emerged revolves around portraying the virus as the latest symptom of an America that's in startling decline and without any White House leadership able to deal with the crisis. As the New York Times reported on October 9, what has emerged as the GOP's unifying campaign theme is "decidedly grim." It alleges "President Obama and the Democratic Party run a government that is so fundamentally broken it cannot offer its people the most basic protection from harm."
Message: Panic looms. We stand exposed. Nobody's in charge. It's worse than you think.
The truth? "The risk of contracting Ebola is so low in the United States that most people would have to go out of their way to put themselves in any danger," as Medical Daily noted this week. Added one Florida doctor, "I tell people you're more apt to be hit by lightning right now, than you are to get Ebola."
A new poll last week revealed disturbing trends about the increasingly dire media coverage of the Ebola story in the United States. Measuring the rising anxiety among news consumers, a Rutgers-Eagleton poll of New Jersey residents found that 69 percent are at least somewhat concerned about the deadly disease spreading in the U.S.
The truly strange finding was that people who said they were following the story most closely were the ones with the most inaccurate information about Ebola. The more information they consumed about the dangerous disease, the less they knew about it. How is that even possible?
Poll director David Redlawsk cast an eye of blame on the news media. "The tone of the coverage seems to be increasing fear while not improving understanding," Redlawsk told a reporter. "You just have to turn on the TV to see the hysteria of the "talking heads" media. It's really wall to wall. The crawls at the bottom of the screen are really about fear. And in all the fear and all the talking, there's not a lot of information."
While the Rutgers-Eagleton poll was a statewide survey, not a national one, it's reasonable to assume that the Ebola information phenomena documented in New Jersey is happening elsewhere, as a series of nationwide polls have highlighted just how little Americans understand about the rare virus.
"Reporters can be part of the problem or part of the solution," Dallas Mayor Mike Rawlings announced at press conference on October 2, as the city began to deal with its local health crisis following the disclosure that an Ebola victim was being treated in a city hospital.
Two weeks later, what's the verdict?
Last week, in the tightly contested Senate race in Kentucky, both Republican Sen. Mitch McConnell and his Democratic challenger Alison Lundergan Grimes gave newsworthy interviews in which they seemed to stumble over basic questions. But only one of the awkward missteps was treated as big news--treated even as a campaign-ending debacle--by some in the Beltway press: the Grimes interview.
Pundits pounced after Grimes refused, during an interview with the Louisville Courier-Journal editorial board, to say whether she voted for Barack Obama in 2008 and 2012. (McConnell has spent most of his campaign trying to tie Grimes to Obama, who is unpopular in Kentucky.)
After a Republican opposition group posted the clip of Grimes' answer, the Washington Post immediately linked to it and mocked the candidate's performance as "painful." On MSNBC, morning host Joe Scarborough bellowed, "What a rookie mistake!" CNN commentators criticized Grimes for being "too scripted" and "evasive."
Keep in mind; the issue itself is of no practical consequence to Kentucky voters -- it doesn't affect their day-to-day lives. But the story revolved around campaign "optics," which Beltway commentators now thrive on, especially when it's bad Democratic optics.
"Is she ever going to answer a tough question on anything? You want to be a U.S. senator?" demanded Meet The Press moderator, Chuck Todd. "I think she disqualified herself. I really do. I think she disqualified herself."
Recall that query ("Is she ever going to answer a tough question on anything?"), and the way Todd described it as a disqualifying trait for a Senate candidate. Because the day before the Grimes interview, McConnell called into Kentucky Sports Radio to talk with host Matt Jones. Days earlier, the popular host had interviewed Grimes with the understanding the McConnell campaign had also agreed to an interview. But after Jones grilled Grimes on the air, McConnell's campaign refused to answer Jones' emails and phone calls with regards to finalizing an appearance.
After days of on-air pleas, McConnell, without advance notice, finally called into the show last Wednesday and spoke with Jones for 14 minutes. Among the actual topics covered (in the place of optics analysis) were climate change and gay marriage. McConnell basically refused to answer questions about either:
JONES: That's a yes or no question. Do you believe in global warming?
McCONNELL: No it isn't. It is not a yes or no question. I am not a scientist.
And here's how McConnell danced around the issue of gay marriage:
When asked if he supports gay marriage, McConnell answered, "I believe that marriage should be between one man and one woman." Asked why he believes that, McConnell again repeated he thinks marriage is "between one man and one woman." Again asked "why?" McConnell repeated the same line. Jones tried one more time. Again, "It is my belief that marriage is between one man and one woman."
To recap: If you're a Kentucky Democrat and you don't answer a straight-forward question, you may as well take your name off the ballot, according to Beltway journalists. But if you're a Kentucky Republican and you do the same thing, it's mostly crickets from the same pundits.
CNN Tonight turned to ophthalmologist and fiction writer Dr. Robin Cook to hype unsubstantiated fears about the transmission of the Ebola Virus and the CDC's grasp on the situation.
Presenting Cook as "The Man Who Wrote The Book On Ebola," host Don Lemon called Cook's 1987 fiction thriller Outbreak, which details an Ebola outbreak in the U.S.," prophetic." Lemon allowed Cook to speculate that the Centers for Disease Control and Prevention (CDC) cannot adequately protect Americans from Ebola, and that despite the CDC's assertions to the contrary, the virus may live in the air or mutate into a form that can spread as an aerosol.
Cook's theories on the transmission of Ebola are out of step with nearly every expert from international health agencies and the CDC. As Vox reported, "basically every health agency in the world agrees" that Ebola cannot be transmitted through the air. The CDC definitively says: "Ebola is not spread through the air or by water, or in general, by food."
Medical experts further agree that it's highly unlikely Ebola could mutate into a form that alters its mode of transmission. That type of mutation would be unprecedented according to Columbia University virologist Vincent Racaniello, who wrote: "We have been studying viruses for over 100 years, and we've never seen a human virus change the way it is transmitted," and that "There is no reason to believe that Ebola virus is any different from any of the viruses that infect humans and have not changed the way that they are spread."
From the October 5 edition of CNN's Reliable Sources:
Loading the player reg...
CNN host Chris Cuomo argued that professor of religion and author Reza Aslan's heated arguments against anti-Muslim bigotry on CNN recently demonstrated "what people are fearful of when they think of" Islam.
On September 29, Aslan was a guest on CNN Tonight, where hosts Alisyn Camerota and Don Lemon discussed what they called the "primitive treatment in Muslim countries of women and other minorities" while on-air graphics asked, "Does Islam promote violence?" Aslan responded saying he felt CNN was over-generalizing, arguing "you're talking about a religion about 1.5 billion people and certainly it becomes easy to just simply paint them all with a single brush":
ASLAN: You know, this is the problem, is that these conversations that we're having aren't really being had in any kind of legitimate way. We're not talking about women in the Muslim world, we're using two or three examples to justify a generalization. That's actually the definition of bigotry.
On a follow-up segment on the October 2 edition of CNN Tonight, which noted that the network had taken criticism& for the original interview, Camerota and Lemon acknowledged Aslan's argument but defended the premise of their original segment, saying it was important to "ask the question." CNN host Chris Cuomo agreed. He argued that while the hosts shouldn't generalize, and should distinguish the practice of the religion from the practice of individual nations, Aslan's "tone was angry," so he "wound up kind of demonstrating what people are fearful about when they think of the faith, which is the hostility of it":
CUOMO: Also, his tone was angry. He wound up kind of demonstrating what people are fearful about when they think of the faith in the first place, which is the hostility of it. Look, here's what you guys were exposing yourself to. This is the state of play in journalism today. The Muslim world is responsible for a really big part of religious extremism right now. And they are unusually violent. They're unusually barbaric in the places where it is happening. And it's happening there more there than it is in other places. Do you therefore want to generalize? Of course not. But you do want to call a situation what it is. It's not a coincidence that ISIS begins with an I. I mean, that's what's going on in that part of the world. Doesn't mean other faiths can't be violent and other cultures can't be violent, but you shouldn't be afraid of the question.
Watch the original CNN Tonight interview with Aslan here:
Cable and broadcast television news networks have repeatedly hosted former Secret Service agent Dan Bongino to comment on Secret Service security lapses, but have often failed to disclose that he is a Republican congressional candidate.
After reports of Secret Service lapses were uncovered by The Washington Post, Bongino has appeared on cable and broadcast news networks more than a dozen times to discuss the security failures. In several of these appearances, the networks did not disclose Bongino's campaign as a Republican for Maryland's 6th Congressional District, which was announced nearly a year ago.
Bongino was featured during the October 2 edition of Fox News' The O'Reilly Factor, introduced only as a former Secret Service agent and author of a book based on his career. He used his appearance to criticize the White House staff and management. Bongino also briefly appeared during the October 1 edition of NBC's Nightly News, identified only as a former Secret Service agent, to comment on the resignation of Julia Pierson as director of the Secret Service. An October 1 appearance on MSNBC's Jose Diaz-Balart also failed to disclose his congressional campaign, and his status as a congressional candidate was also neglected during his September 30 appearance on CNN Newsroom while discussing the congressional hearing on the agency's recent failures.
Fox News has repeatedly allowed political candidates to work as on-air personalities and CNN's failure to disclose former host Newt Gingrich's conflicts of interest recently helped spur the Society of Professional Journalists to overhaul its transparency provisions.
From the October 1 edition of CNN's CNN Tonight:
Loading the player reg...
From the September 30 edition of CNN's The Lead:
Loading the player reg...
CNN aired only a third as much coverage as MSNBC on the United Nations' Climate Summit and related events including the historic People's Climate March. Even Fox News aired over twice as much on the subject compared to CNN -- though much of its coverage mocked or dismissed the events.
From the September 29 edition of CNN's CNN Tonight:
Loading the player reg...
From the September 24 edition of CNN's CNN Newsroom:
Loading the player reg...