CNN Offers Populist's 'Pros and Cons' Instead of Balance

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Weighing the pros and cons of a plan, particularly one that could cost $1 trillion taxpayer dollars, should mean all perspectives were considered. But that wasn't what it meant to CNN in one Jan. 9 segment in the 8 a.m. hour.

Viewers were right to expect balance as "Pros and Cons of Obama's Stimulus" flashed on the screen and John Roberts said, "President-elect Barack Obama is warning of a dire economic situation and how much worse it could get if there is not bipartisan support for, and quickly for his stimulus plan. But will his proposals work?"

Instead, "American Morning" viewers didn't even hear an economist's perspective. They were fed a left-wing nationally syndicated columnist's perspective. That columnist was David Sirota, who was once called a "new-generation populist" by columnist Molly Ivins. Sirota has worked for Democrats on Capitol Hill and for the Center for American Progress, a "progressive" think tank.

Sirota's criticism of Obama's plan came entirely from the left arguing that "the bad" thing about his stimulus proposal are the tax cuts.

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"The bad part of this is that he's-he's also including a lot of tax cuts. And that he's paying for, he seems to be paying for those tax cuts uh, uh with that public spending. In other words he's taking the money that could be going to public spending and proposing putting it into a lot of tax cuts that a lot of people don't think are going to work," Sirota said.

Sirota praised the massive public spending included in Obama's plan, claiming that such spending "is probably the most efficient way to stimulate the economy."

Peter Schiff, president of Euro Pacific Capital would disagree. In a Dec. 27, 2008 Wall Street Journal op-ed, Schiff explained the cost of public-sector expansion.

"Similarly, any jobs or other economic activity created by public-sector expansion merely comes at the expense of jobs lost in the private sector," Schiff said. "And if the government chooses to save inefficient jobs in select private industries, more efficient jobs will be lost in others. As more factors of production come under government control, the more inefficient our entire economy becomes. Inefficiency lowers productivity, stifles competitiveness and lowers living standards."

Economist Thomas Sowell pointed out on Fox News Channel's "Hannity & Colmes" Jan. 5 that the tax cuts included in Obama's plan aren't actually tax cuts. "[S]ometimes you're giving tax cuts to people who don't pay any taxes. And that's not giving them back their money. That's simply handing out welfare," Sowell said.

Roberts did ask Sirota if there were enough details about the plan "to be able to say whether or not it would work?" But he didn't provide any historical perspective, like mentioning that 10 different government spending attempts failed to lift Japan out of recession in the 1990s. 

But as far as Sirota was concerned, the economic crisis is just an opportunity to expand the government's role in American lives.

"This economic crisis is an opportunity to reassert the role of the government as a force for good in the economy on behalf of the middle-class," Sirota said.

The Business & Media Institute pointed out on Jan. 7 that the media have done a poor job of asking tough questions about a proposed stimulus package such as where the money will come from, how it will be spent and why it should work better than past examples.

—Julia A. Seymour is an assistant editor for the Business & Media Institute.


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"President-elect Barack

"President-elect Barack Obama is warning of a dire economic situation and how much worse it could get if there is not bipartisan support for, and quickly for his stimulus plan..."

So the One wants us to think he has a crystal ball in addition to all his other super-human talents.

My latest dream-conversation in the after-life will be to sit down with the Obama's puppet masters and as ask them what the hell they were thinking. 

 

CNN wouldn't know ballance if it slapped it in the head.

They think that as long as MSNBC is to the left of them, then they MUST be ballanced. They think that slightly left of center FoxNews is far right.

Spending your way out of a recession works. But only if those doing the spending are consumers and businesses. To do that they have to be allowed to keep more of their money so they have some to spend. If the Government takes that money and spends it on stuff IT thinks is important all it does is stretch the recession out and make it worse.

Government spending a trillion dollars to get us out of the recession is like a guy who's just been laid off going on a spending spree with his credit cards so that he feels better. Works for only a very short time until the bills start coming in.

Hey, I got the wrong "CHANGE"!

Alan Keyes / Sarah Palin - 2012

Now is the time, if there

Now is the time, if there are any Republicans left in Washington with a spine, to push back against all of the BS from the meat puppet.

Believe it or not, there are people who will back the GOP if they use these tactics, a lot of people.  Enough to keep these jellyfish in office.  Fight back!  Don't fold over!

Push back against everything but tax cuts.  Cut spending you idiots! The checkbook can't stand it!  People will get used to the bump if you would only do it.  A clean break from spending. 

But, they won't listen to the American people.  They know we'll always be here to send all the money they need, and then some.  What in the hell will it take to get through to these lunkheads?

C5Then,

Your fired guy with the credit cards analogy makes perfect sense, and it's simple enough for even a braindead airhead congressperson.  They have special needs, you know. 

Sirota says:  "he seems to be paying for those tax cuts uh, uh with that public spending"  What the hell does that mean?  Where does he think money comes from?   

Yep

I need my hip boots, it's starting to get deeper around here. Whew what is that horrible smell? BO, must be time for a change already and you haven't yet started..

Communist News Network (CNN)...

CNN is clearly the most dangerous (to freedom) organization  in the United States. It must be hard for them to outdo Pravda in propaganda against America and Freedom but they do it. The scary thing is the American People aren't smart enough (failed public education has taken hold) to figure out that a government which provides everything and makes all decisions for the people is called Communism. B Hussein O will have an easy job of completing the statement the leader of the USSR made in 1959 that they (communism) would destroy the United States and never fire a shot. The destruction is well under way and the people are standing in line for the promised freebies.

Old, Retired and glad of it.

"This economic crisis is an

"This economic crisis is an opportunity to reassert the role of the government as a force for good in the economy on behalf of the middle-class," 

Liberal obfuscation, it was government incompetence with the domestic drilling ban and CRA that got us into this mess, government is not a force for good, it is a force for self promotion and kick backs to reward campaign contributors.  These people actually celebrate corruption as good for the country.  Up is down and left is right in the liberal universe.

By the way here is a response to this idea of spending your way out of a recession: 

 

http://conservablogs.com/publiusforum/2009/01/09/the-good-old-days/   

Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.

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