Tag Archives: Editorial
New York Times Editorial Board’s ‘Wish List’ for Obama’s SOTU Speech Is Pretty Much Exactly What You’d Expect
Shame the climate deniers! Wage increases!
The exposé on Cory Booker’s imaginary thug pal T-Bone is a pretty big story. One that the super-hip and current BuzzFeed should totes be all over. Right?
Or maybe not so much:
Let’s take a look at what editor-in-chief Ben Smith had to say about BuzzFeed’s silence:
Call us crazy, but it seems that Smith is directly contradicting BuzzFeed’s whole stated raison d’être:
BuzzFeed is the leading media company for social news and entertainment, intensely focused on delivering high-quality original reporting, insight, and viral content across a rapidly expanding array of subject areas. Our technology powers the social distribution of content, detects what is trending on the web, and connects people in realtime with the hottest content of the moment.
Might be time for a new mission statement, no?
My, how things have changed.
Hold up — maybe Smith has a good excuse:
Any of those things could be true. But none of it matters because Smith and his buddies can deflect:
Yeah, we are such amateurs. BuzzFeed, on the other hand, takes its journalism very seriously. Earlier this morning, McKay Coppins actually did deign to acknowledge Eliana Johnson’s real journalism:
But the “awesome” story that he rightly thought worthy of tweeting about (“social distribution of content”!) didn’t merit any BuzzFeed coverage. Maybe he’s just brainstorming for later:
No need to wait! BuzzFeed’s Andrew Kaczynski is on it!
Nice save, Andrew!
If you had Buzzfeed Andrew in the pool..You won the kitten.—
S.M (@redsteeze) August 29, 2013
CNBC, Harvard Business School Prof. Rip New York Times Over Pro-Tax Editorial: Either Dishonest or They Don’t Get Economics
The New York Times editorial board on Saturday published an article claiming Republican lawmakers’ love of pro-austerity policies has inhibited economic growth.
On the other hand, the op-ed argues, the Obama administration is “doing better” by “adding new taxes and investments”:
Republicans have insisted on austerity for ideological and political reasons. The administration has done better by adding new taxes and investments to the cuts, but the reductions are still deep and damaging.
CNBC’s Joe Kernan and Harvard Business School professor Robert Kaplan were not impressed with article’s reasoning, saying on Monday that its authors are either willfully dishonest or simply ignorant of economic principles.
The part about adding new taxes “was dishonest or the people writing it don’t understand economics,” said Kernan.
“Now, I have gone in and looked at the New York Times editorial board,” he added. “I found one person that does have an economics degree, Terry Tang. […] Anyway, we have a Harvard professor. And I talked to you a little bit. But how do you characterize that statement?”
“I don’t understand it. They might want to rewrite that sentence,” said Kaplan.
The Harvard Business School professor continued, explaining that the Federal Reserve’s artificially low interest rates have shielded us from feeling the full effects of the national debt.
“My fear is this,” he said. “This deficit doesn’t feel that bad and this amount of debt doesn’t feel that bad because interest rates are so low.”
“Imagine if we had, quote, unquote normal interest rates, 5 percent, 6 percent, 10-year, we would be taking much tougher action [on the national debt],” he added. “And we shouldn’t wait for that.”
(H/T: WFB). Featured Getty Images.
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