July 15, 2011
On the Media
WNYC Studios
4.6 • 9.1K Ratings
🗓️ 15 July 2011
⏱️ 50 minutes
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| 0:00.0 | From WNYC in New York, this is On the Media. I'm Bob Garfield. |
| 0:05.9 | And I'm Brooke Gladstone. As political paralysis in Washington brings the nation ever closer to default, |
| 0:12.0 | the press has had little trouble covering the brinksmanship over the nation's debt ceiling. |
| 0:17.4 | Leaders from both political parties still struggling to reach a deal to raise the nation's debt ceiling. |
| 0:22.3 | As a bipartisan, deficit reduction deal appears more and more unlikely. |
| 0:26.3 | Here's the prevailing media narrative. |
| 0:28.7 | The Republicans want the government to live within its means, like ordinary Americans. |
| 0:33.3 | The Democrats want the wealthy who enjoy disproportionately low tax rates to pay their fair share. |
| 0:39.6 | And Washington is playing a serious game of chicken that the president, as the nation's in loco-parentis in chief, seems unable to stop. |
| 0:49.2 | That's the narrative in which every statement is viewed from the prism of politics. |
| 0:53.9 | Here's President Obama, followed by GOP presidential hopeful Michelle Bachman. |
| 0:58.6 | I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue, |
| 1:03.9 | because there may simply not be the money in the coffers to do it. |
| 1:08.8 | We were all shocked and appalled that President Obama dangled out in front of the cameras |
| 1:13.7 | that senior citizens may not get their checks. |
| 1:17.1 | That's a very dangerous statement to make. |
| 1:19.8 | The fiscally conservative British news magazine, the economist, wrote this week |
| 1:24.6 | that Republicans are, quote, clinging to the position that not a single |
| 1:29.4 | cent of deficit reduction must come from a higher tax take. |
| 1:33.8 | This is economically illiterate and disgracefully cynical. |
| 1:38.8 | But the economist was unusual in addressing the economic arguments at all. |
| 1:43.8 | The media's obsession with the debt |
... |
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