General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLook, a Deficit!: How NPR Distracts You From Issues That Will Actually Affect Your Life
http://fair.org/home/look-a-deficit-how-npr-distracts-you-from-issues-that-will-actually-affect-your-life/This is not true, but Peterson apparently hopes that he can distract the public from the factors that will affect their lives, most importantly the upward redistribution of income, and obsess on the countrys relatively small deficit. (A larger deficit right now would actually promote growth and employment.),...
The reason the Fed raises interest rates is to slow the economy and keep people from getting jobs. This will prevent the labor market from tightening, which will prevent workers from having enough bargaining power to get pay increases. In that case, the bulk of the gains from economic growth will continue to go to those at the top end of the income distribution.
The main reason that we saw strong wage growth at the end of the 1990s was that Alan Greenspan ignored the accepted wisdom in the economics profession, including among the liberal economists appointed to the Fed by President Clinton, and allowed the unemployment rate to drop well below 6.0 percent. At the time, almost all economists believed that if the unemployment rate fell much below 6.0 percent, inflation would spiral out of control. The economists were wrong; inflation was little changed even though the unemployment rate remained below 6.0 from the middle of 1995 until 2001, and averaged just 4.0 percent for all of 2000. (Economists, unlike custodians and dishwashers, suffer no consequence in their careers for messing up on the job.)
Orrex
(63,211 posts)world wide wally
(21,743 posts)just rely on their former reputation.
NPR is Fox jr.
sendero
(28,552 posts).... is the most pernicious form of propaganda, coming from an ostensibly unbiased source. Fox Jr. is a pretty good characterization, just look at their TPP reporting.
They truly suck.
philly_bob
(2,419 posts)As I remember, it happened during the George Bush/Iraq war mania.
Other previously independent institutions that succumbed to Bushian group-think included the League of Women Voters and AARP.
sendero
(28,552 posts)... but I believe the downward slide began a few years before that.
JHB
(37,160 posts)freshwest
(53,661 posts)The GOP wanted NPR, PBS and the public airways gone and engineered this. When I was growing up, my city had 3 PBS stations and never looked for funding, government paid it.
There were no marathons for fund raising, then with cuts, they had to beg. They had to hold fund raisers once a year, or every few months. It wasn't enough and they went begging, just as the GOP knew they would.
A look at the sponsors of NPR and PBS shows who has decided what you will see and hear, and NOT see and hear. They don't make it obvious, they make it look like it's altrusim. And some foundations are not charity, they are tax shelters.
'He who pays the piper calls the tune,' is said to emphasize that the person who is paying someone to do something can decide how it should be done.
http://dictionary.cambridge.org/us/dictionary/british/he-who-pays-the-piper-calls-the-tune
Now, other than Romney who went for the old meme to get rid of 'Big Bird,' they don't mind the 'public' stations. They use them to work for the other side. NPR, etc., always had conservative voices like Buckley, McLaughlin, and others like that. They were not under-represented. They just decided to take things further to the right and completely end Democratic, liberal, etc. ideas. It's worked well for them and the Koch brother, who have funded a lot of things.
JHMH, YMMV.
Chathamization
(1,638 posts)Editorial Report (before the latter moved to Fox News).
corkhead
(6,119 posts)philly_bob
(2,419 posts)Wikipedia covers his controversial removal from morning edition: http://en.wikipedia.org/wiki/Bob_Edwards
Octafish
(55,745 posts)http://www.huffingtonpost.com/mobileweb/sen-don-riegle/post_1901_b_845106.html
That Pete Peterson.
Chathamization
(1,638 posts)They've been terrible for years, but that was the final straw for me (particularly coming right after pushed the "both sides are responsible for the government shutdown" and "the IRS is targeting conservatives" stories).