The Fiscal Cliff: New Heights of Sensationalism
The media have endlessly raised fears of the government falling off the “fiscal cliff.” Dean Baker (Center for Economic and Policy Research) explains why such talk fundamentally misrepresents the short-term budget problem and how the longer term problem has been misrepresented as well.
fiscal cliff, sensationalism, media, government, short-term budget problem, long-term budget
Baker, Dean. "The Fiscal Cliff: New Heights of Sensationalism." Ensemble video, 01:15:10. November 7, 2012. https://ensemble.dickinson.edu/Watch/Wf49YeCz