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Deficit Spending

rumble_lion

Well-Known Member
Gold Member
Aug 7, 2011
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I think this guy pretty much nails it.

Where did all the concern over deficits go? After two years of the media lamenting, worrying and feigning outrage over the cost of Bernie Sanders’ two big-budget items—free college and single-payer healthcare—the same outlets are uniformly silent, days after the largest military budget increase in history....

No write-ups worrying about the cost increase in the Washington Post or Vox or NPR. No op-eds expressing concern for “deficits” in the New York Times, Boston Globe or US News. No news segments on Fox News or CNN on the “unaffordable” increase in government spending. All the outlets that spent considerable column inches and airtime stressing over Sanders’ social programs are suddenly indifferent to “how we will afford” this latest military giveaway. The US government votes 89–9 to add $81 billion extra to the balance sheet—the equivalent of the government creating three new Justice Departments, four more NASAs, seven Treasury Departments, ten EPAs or 546 National Endowments for the the Arts—and there’s zero discussion as to “how we will pay for it.”


As FAIR has noted for decades (e.g., 2/23/11, 5/8/16), the media’s deficit discourse has always been a PR scam. A rhetorical bludgeon used to cry poverty any time a left-wing politician wants to help the poor or people of color that somehow is never an issue when it comes to pumping out F-22s and E3 AWACS, which evidently pay for themselves with magic....

Where are the Charles Lanes, Joe Scarboroughs, Wall Street Journal editorial boards and other “deficit hawks” in the media to condemn this? The answer is they’re nowhere. And they’re nowhere because no one in the media really cares about deficits, they only care about Deficits™, a clever marketing term used by those charged with keeping government money out of the hands of the poor—and in the coffers of weapons makers, banks and other wealthy interest groups.
 
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