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NPR Lets Obama, Former Administration Official Promote Stimulus-Lite

By Matthew Balan | August 19, 2011 | 17:45

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NPR's Scott Horsley apparently couldn't find any conservatives for his report on Thursday's All Things Considered, as he played nothing but sound bites from President Obama and former economic advisor Jared Bernstein. The two boosted a possible mini-stimulus, including "help for public works projects." Horsley played four clips from the President and two from Bernstein during the segment.

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Host Melissa Block didn't use the "stimulus" term as she introduced the correspondent's report, but stated that "President Obama has decided to gamble on new government spending to encourage hiring....the President has promised to outline new proposals to kick-start job growth." Horsley did acknowledge that "Obama is under mounting pressure to show progress on the jobs front. A report from the Labor Department today showed continued weakness in the job market. And meanwhile, a new Gallup poll finds only about one in four Americans think the President's doing a good job of handling the economy."

However, for the bulk of his report, the NPR journalist let the Democratic chief executive and former underling make the case for their upcoming spending plan, with only a passing remark about the current unpopularity of the past stimulus:

OBAMA: And over the course of the next few weeks, I'm going to be putting out more proposals, to put people to work right now and some of them- yes, some of them cost money.

HORSLEY: This focus on jobs comes after months in which Washington has been preoccupied with spending less money to control the deficit. This week, Mr. Obama began to make the case more forcefully that the two goals don't have to be mutually exclusive.

OBAMA: When folks tell you that we've got a choice between jobs now or dealing with our debt crisis, they're wrong. They're wrong. We can't afford to just do one or the other. We've got to do both.

HORSLEY: Former White House economic advisor Jared Bernstein says the key to making this argument is timing. He says the government can encourage job growth with more spending now, and offset the cost with bigger savings later....Bernstein, who is now with the Center on Budget and Policy Priorities, was in the administration when the government crafted its $787 billion stimulus program two-and-a-half years ago. Many economists say that stimulus helped to cushion the economy's fall during the recession. But with unemployment still above nine percent, the stimulus is widely perceived as a failure, and President Obama has been wary about trying anything like it again.

BERNSTEIN: The President and his political advisors know that anything that reeks of Keynesian stimulus is unpopular with the public. So, if you can just stand back and let the economy take care of itself- of course, you'd rather do so- but reality is such they just can't do that.

Later, Horsley highlighted how "Mr. Obama's made the calculation that the risk of doing nothing on jobs is greater than the risk of another round of stimulus. Don't expect the White House to use that word to describe the President's proposal, and it's likely to be a lot smaller than the last big stimulus."

The NPR correspondent only made one reference to the conservative opposition near the end of the segment, but also acknowledged that the President could be making a risky political calculation:

HORSLEY: Whatever the President suggests is likely to get a chilly reception from congressional Republicans. In a memo this week, House Majority Leader Eric Cantor called for stopping the discussions of new stimulus spending with money that we simply do not have. Mr. Obama appears ready to wage that battle. If he doesn't succeed in passing a jobs plan, he'll at least have another issue to campaign on next year....Bashing Congress may not help the President's re-election chances, though, unless Americans see some prospect of the economy getting better.

Earlier in 2011, Horsley favored Democrats over Republicans by a five-to-two margin during a March 17 report about nuclear energy in the aftermath of the Fukushima disaster.

The full transcript of Scott Horsley's report from Thursday's All Things Considered:

NPR Bulding, Washington, DC | NewsBusters.orgMELISSA BLOCK: With economic alarm bells ringing, President Obama has decided to gamble on new government spending to encourage hiring. The President met with his economic team this morning to plot strategy, before he set off on a late-summer vacation with his family. When he returns, the President has promised to outline new proposals to kick-start job growth.

NPR's Scott Horsley reports on how he plans to make the case.

SCOTT HORSLEY: President Obama is under mounting pressure to show progress on the jobs front. A report from the Labor Department today showed continued weakness in the job market. And meanwhile, a new Gallup poll finds only about one in four Americans think the President's doing a good job of handling the economy.

During his Midwestern bus tour this week, Mr. Obama said he gets the message. With millions of Americans still out of work, efforts to boost job growth can no longer wait.

PRESIDENT BARACK OBAMA: And over the course of the next few weeks, I'm going to be putting out more proposals, to put people to work right now and some of them- yes, some of them cost money.

HORSLEY: This focus on jobs comes after months in which Washington has been preoccupied with spending less money to control the deficit. This week, Mr. Obama began to make the case more forcefully that the two goals don't have to be mutually exclusive.

OBAMA: When folks tell you that we've got a choice between jobs now or dealing with our debt crisis, they're wrong. They're wrong. We can't afford to just do one or the other. We've got to do both.

HORSLEY: Former White House economic advisor Jared Bernstein says the key to making this argument is timing. He says the government can encourage job growth with more spending now, and offset the cost with bigger savings later.

JARED BERNSTEIN: If you actually attack your jobs program, get some people back to work, get the economy spinning off some more revenues, you actually help your deficit problem. So, getting that sequencing right means jobs now, and focus more on deficit reduction in the outer years.

HORSLEY: Bernstein, who is now with the Center on Budget and Policy Priorities, was in the administration when the government crafted its $787 billion stimulus program two-and-a-half years ago. Many economists say that stimulus helped to cushion the economy's fall during the recession. But with unemployment still above nine percent, the stimulus is widely perceived as a failure, and President Obama has been wary about trying anything like it again.

BERNSTEIN: The President and his political advisors know that anything that reeks of Keynesian stimulus is unpopular with the public. So, if you can just stand back and let the economy take care of itself- of course, you'd rather do so- but reality is such they just can't do that.

HORSLEY: The reality is that, instead of gathering momentum and growing on its own, the economy appears to be in more and more danger of stalling out. So, Mr. Obama's made the calculation that the risk of doing nothing on jobs is greater than the risk of another round of stimulus. Don't expect the White House to use that word to describe the President's proposal, and it's likely to be a lot smaller than the last big stimulus. Details are scarce, but Mr. Obama hints one piece might be help for public works projects.

OBAMA: We need roads and bridges and schools all across the country that could be rebuilt, and all those folks who got laid off from construction because the economy went south or the housing bubble burst- they're dying for work.

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HORSLEY: Whatever the President suggests is likely to get a chilly reception from congressional Republicans. In a memo this week, House Majority Leader Eric Cantor called for stopping the discussions of new stimulus spending with money that we simply do not have. Mr. Obama appears ready to wage that battle. If he doesn't succeed in passing a jobs plan, he'll at least have another issue to campaign on next year.

OBAMA: And my attitude is, get it done. And if they don't get it done, then we'll be running against a Congress that's not doing anything for the American people, and the choice will be very stark and it will be very clear.

HORSLEY: Bashing Congress may not help the President's re-election chances, though, unless Americans see some prospect of the economy getting better. Scott Horsley, NPR News, the White House.

About the Author

Matthew Balan is a news analyst at the Media Research Center. Click here to follow Matthew Balan on Twitter.
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Comments

If-----

Submitted by okiehawk44 on Sat, 08/20/2011 - 3:13am.

You can let this Boy Blah-Blah play at economics more if you want but don't think for even a tiny second that he -- and it appears the entire administration at this point -- has a clue what to do.

Spend another trillion or two or three on more stimulus and see if this country is changed in any positive way. Chistina Romer -- Obama's first economic chief -- spent her entire life -- wrote her dissertation on it -- promoting government spending when in a recession/depression. That was in an academic setting where you can postulate theories without actually having any proof that they will work when real world currents/forces start pulling and pushing at them. Then Christine Romer got what all academics say they long for -- most don't btw -- a real life opportunity to put her theories to work. She did and they didn't. That simple.

Now we have Boy Blah-Blah and his band of Keynesian fans blathering about more of this magic elixer to help the economy. They want to "double down" on disaster or "triple down" -- not their money.

Enough of your theories Boy Blay-Blah. America is waving the white flag and definately looking elsewhere for leadership. Even your staunchest supporters -- Maxine Waters?-- are demanding a change in approach. Boy Blah-Blah when you lose the support of a Maxine Waters you had better just stay in Martha's Vineyard.

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Stimulus = funds for unions

Submitted by DontFeedTheTrolls on Sat, 08/20/2011 - 4:47am.

Well the 2012 election is coming up so Obama needs to buy some union votes. At least, that's my take on this.

Americans keeping their own earnings is a Civil Right! Demand your Civil Rights!
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Stop Censoring The Gosnell Trial!

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