From Media Matters for America -- September 29, 2010:
Economists agree with Obama: Proposals pushed by Fox News bad for long-term growth
Fox has opposed every major effort to stimulate the economy -- despite economists' support. Since Obama took office, Fox personalities have opposed every major package proposed to stimulate the economy, despite support from a consensus of economists and economic analysts. Recent opposition has included Obama's newly proposed infrastructure plan, the extension of unemployment insurance, aid to states, and food stamps, all of which have been shown to stimulate the economy.
Fox's campaign to extend tax cuts for the wealthy would add debt, do little to stimulate growth. Over the past few months, Fox has launched a campaign aimed at extending the Bush tax cuts for the rich. However, economists and financial analysts agree that those cuts will cost $700 billion and would be much less effective at stimulating the economy than extending unemployment insurance, food stamps, and providing direct aid to states - all proposals which Fox personalities have repeatedly opposed.
Fox opposed the stimulus and since bill's passage, have repeatedly falsely claimed that it failed. In covering the 2009 American Recovery and Reinvestment Act, commonly referred to as the stimulus, Fox News consistently advanced false and misleading claims about the economic recovery package. Since the bill's passage, Fox News figures have repeatedly advanced the false claim that the stimulus "failed," despite the fact that independent and private analysts agree that the stimulus boosted GDP and increased employment.
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4 comments:
We know why Fox News gets called other names than their trademark name.
We also know who the owners are of this so-called News source: KOCH Bros. The 2 billionaires who deceive every Fix viewer and making them dumber day by day.
Voting for the Rethugs=Teabaggers will only be in the interest of people like Koch and their voters will be negatively affected. Who would want to revert back to the Dumbya years of creating additional deficits over the people backs and eliminating necessities of life. Not smart folk!! But then they only believe and are brainwashed by FOX.
Remember what the real fox does? He steals the chickens under the farmer's nose.
"Sly as a fox" = FOX News.
That's very good, A2. Now we know why they are called "FOX".
extending unemployment insurance keeps people at home and content to not look for employment. Believe me, I know. We had 1 opening at my place of business. 22 people applied for the position, 18 of which said they didn't want the job. They just needed to apply to keep their unempoyment benefits coming. Unemployment benefits arn't paid for by the government, they are paid by taxpayers who ARE working. Food stamps do not pump money into the economy. It is food given to families in need and also paid for by american taxpayers who are employed.
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