***UPDATE: ABC News changed their headline. Somehow they've made it even more dishonest:
David Stockman Criticizes Obama's Jobs Plan, Other Economists Cheer
Does this sound like a cheer from one of their non-Stockman economists?
"So this is an incomplete proposal."
The good news is that Jake Tapper's broadcast report pretty much stuck to the basic facts. Jake's a gem. If the MSM was made up of Jake Tappers, there would be no Big Journalism.
However, Swagel said the tax cuts on wages and on investment would be helpful. Swagel said he is waiting to see further details[.]
Sometimes Obama's media Palace Guards get in the Tank and leave a mark, and sometimes they look like Michael Dukakis.
Here's a an example of the latter, an utterly shames ABC News headline:
Economists Support President's Job Proposals, Worry About Do-Nothing Congress
My guess is that some editor watered this down from the originally submitted, "Obama Could Save the World If Not For Those Goddamn Republicans."
But even more laughable than the headline is the fact that ABC's own story doesn't support it. Naturally, you have to read deeper into the piece for the full skinny, but here are a couple of samples found at the bottom of page 1 through page 2:
David Stockman, former director of the Office of Management and Budget under President Ronald Reagan, was skeptical of the plan. "This should scare the living daylights out of investors--it's just more Keynesian poison," Stockman said. "Obama lectured us about the simple math, but the part of that he still doesn't get is that Uncle Sam is broke, and that we can't afford one more dime for his stimulus 6.0 plan."
But-but-but the headline told me "Economists Support President's Job Proposals, not "Some
Economists Support President's Job Proposals."
But wait, there's more:
"The proposals would be most helpful if they are connected to a credible fiscal adjustment over time," said Swagel, professor in international economic policy at the Maryland School of Public Policy. "So have some tax cuts along the lines of what President Obama proposed and at the same time set out a way to reform entitlement spending over time. That will be part three of the speech...only that we have to wait a week to find out. So this is an incomplete proposal."
So this wildly skeptical economist supports a proposal that's incomplete? Doesn't read that way to me. Should I believe those headline writing liars at ABC News or my lying eyes?
Snark aside, this is serious stuff -- this is ABC News crafting a phony narrative that tells the American people Stimulus 2: Electric Fail-a-Too" will make the oceans rise if not for those evil, obstructing Republicans.
And why does this matter? Because that's obviously going to be this failed President's campaign theme and here you have a major news outlet shamelessly making a whole bunch of stuff up to help support that desperately pathetic and wholly dishonest theme.
The corrupt MSM elected this man in 2008 and should he fail to win reelection they can only interpret that as a personal rejection. Therefore...
In the departments of shameless, lying, bias and palace guarding, we haven't seen anything yet.