January 02, 2013
Those who hoped that one of the new year’s resolutions at the Post would be more honest budget reporting would be disappointed by today’s paper. While this budget piece starts off well with a headline about taming the threat from the debt ceiling and high unemployment, the expression “tame the debt” appears twice on the second page. While it does note that the projected rise in health care costs is a major cause of the projected deficits, it does not note that it is really the only cause. It also would have been helpful to point out that the only reason for the large deficits that we are now seeing is the economic downturn caused by the collapse of the housing bubble.
Comments