|"Only dull people are brilliant at breakfast"
|"The liberal soul shall be made fat, and he that watereth, shall be watered also himself."
-- Proverbs 11:25
Yesterday, Mitt Romney gave a big speech in which he accused Obama of lighting a “prairie fire of debt.” It’s a good line, and it has received widespread media coverage.
Romney’s speech has already been dissected by Jonathan Chait and Steve Benen. They note that it’s entirely at odds with conventional understanding of how deficits work, and utterly disconnected from context, rendering it almost unquantifiably misleading.
But I wanted to make another point. If you scan through all the media attention Romney’s speech received, you are hard-pressed to find any news accounts that tell readers the following rather relevant points:
1) Nonpartisan experts believe Romney’s plans would increase the deficit far more than Obama’s would.
2) George W. Bush’s policies arguably are more responsible for increasing the deficit than Obama's are.
Oh, sure, many of the news accounts contain the Obama campaign’s response to Romney’s speech; the Obama campaign put out a widely-reprinted statement arguing that Romney’s plans would increase the deficit and that he’d return to policies that created it in the first place.
But this shouldn’t be a matter of partisan opinion. On the first point, independent experts think an actual set of facts exists that can be used to determine what the impact of Romney’s policies on the deficit would be. And according to those experts, based on what we know now, Romney’s policies would explode the deficit far more than Obama’s would.
Labels: hack journalism