When it comes to the economy, America's newspapers may be failing their readers. A new report by the National Journal confirms that our major papers have dramatically decreased their coverage of the country's enormous unemployment problem, while at the same time sharply stepping up their coverage of the important but less immediately urgent problem of Federal deficits. As a result, Washington is gripped by an artificial crisis while a real one is ignored.
The question is why? Why have politicians and the media allowed our nation's unemployed to become the Invisible Americans? Their premature obsession with deficits makes it politically impossible for the government to invest in fixing the problem. Fixating on deficits while millions are out of work is like worrying about water damage while your house is still on fire.
In what may be a related development, the public now rates newspaper reporters lower than bankers for "honesty" and "ethical standards." Bankers. That may not a fair judgment, but it's one that only reporters and their editors can change.
Here's what the National Journal found: more »
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