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Thursday, April 8, 2010

Deficit Fascinates Media—Its Causes, Not So Much

Deficit Fascinates Media—Its Causes, Not So Much

The role of George W. Bush’s tax cuts in the current federal deficit is tremendous. Their role in corporate media’s current round of deficit obsession, however, is tenuous at best. Sometimes acknowledged in editorials or op-eds, the cuts generally only make it into news reports as assertions from the White House or Democrats, rather than established and relevant economic fact.