Will CNN Ask GOP Candidates To Explain The Failure Of Trickle-Down Economics?

Will CNN Ask GOP Candidates To Explain The Failure Of Trickle-Down Economics?

New York Magazine Blasted The Media For Failing To Hold GOP Accountable For Disastrous Policy Failures In Kansas And Louisiana

Blog ››› ››› CRAIG HARRINGTON

CNN will interview the three remaining Republican candidates, along with the two remaining Democrats, during a 3-hour special town hall event. Will CNN hold the GOP hopefuls accountable for proposing tax and economic policies similar to those that have been "thoroughly discredited" when implemented by Republican-led states?

In a critical March 18 post in New York magazine's Daily Intelligencer blog titled "The Republican Party Must Answer for What It Did to Kansas and Louisiana," associate editor Eric Levitz blasted Sen. Ted Cruz (R-TX), Gov. John Kasich (R-OH), and GOP front-runner Donald Trump for promising to institute tax cuts and budgetary reforms at a national level that have proven to be disastrous for Republican-led states. After outlining the ways that the so-called "red-state model" turned Kansas and Louisiana into failed "real live experiment[s]" of conservative economic policies, Levitz challenged media organizations to hold Republican candidates accountable for supporting those policies (emphasis added):

Over the course of 12 debates, the Republican presidential candidates were never asked to address the budget problems in Kansas.

[...]

When Donald Trump makes a gaffe, reporters confront Republican leaders and demand a response. When the GOP's economic platform decimates two U.S. states, a similar confrontation is in order.

CNN's March 21 prime-time town halls with the remaining Democratic and Republican presidential hopefuls present a perfect opportunity for the network to hold GOP leaders accountable for the dramatic failures of the "red-state model" in Kansas and Louisiana, while also pressing them on their own economic policy promises that have been derided as "imaginary," "insane," and "fantasy" in the past:

  • According to Politico, Ohio Gov. John Kasich's supposed conservative success with tax cuts in Ohio was boosted by his state accepting the "billions of federal dollars from Obamacare" and raising regressive "sales and cigarette taxes -- levies that hit the pocketbooks of all Ohioans, especially low-income ones." Will CNN hold Kasich accountable for his unsuccessful attempts to spur job creation and economic growth with tax cuts for the rich and budget gimmicks?
  • According to a February 16 analysis from the Tax Policy Center, Ted Cruz's proposed tax cuts would increase the federal budget deficit by $8.6 trillion over ten years. Will CNN press Cruz on his embrace of massive tax cuts that increase the budget deficit and hurt low-income Americans?
  • According to a December 22 analysis from the Tax Policy Center, Donald Trump's proposed tax cuts would increase the federal budget deficit by $9.5 trillion over ten years. In 2014, CNN even criticized Trump for his tax plan that favors the wealthy. During a November 11 segment, CNN's Rana Foroohar criticized what she called the "old-fashioned Republican formula" of "trickle-down" economics and tax cuts for the wealthy for failing to deliver promised economic growth. And during a December 23 segment, CNN's Christine Romans explained that Trump's tax plan creates "a whole category of impossible math" that overwhelmingly benefits the top 0.1 percent of income earners while ballooning the federal budget deficit. So will the network stand by its own reporting and hold Trump accountable for his budget-busting giveaway to the super rich?

In the lead up to the October 28 Republican presidential debate, Media Matters called on CNBC's debate moderators to hold candidates accountable for their fantasy tax plans. Right-wing media outlets reacted with outrage when CNBC moderator John Harwood correctly pointed out that Sen. Marco Rubio's (R-FL) tax plan provided more relief for the top 1 percent than for the middle-class. Conservatives attacked the country's leading business and financial news network for its supposed "liberal media bias" and pushed to put conservative personalities in charge of all future debates. In response to those complaints, CNN debunked claims of media bias by comparing questions from CNBC debate to similar questions during Fox News' debates.

With only three Republican presidential candidates still in the race for the nomination, questions remain as to how CNN will respond.

Posted In
Economy, Budget, Taxes, Elections
Network/Outlet
CNN
Person
Wolf Blitzer, John Kasich, Anderson Cooper, Donald Trump, Ted Cruz
Stories/Interests
2016 Elections
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