Thursday, October 20, 2011

Media Matters Daily Summary 10-20-11

Fox Attacks Sen. Reid Over Accurate Statement On Private-Sector Jobs
Fox News' Eric Bolling and Greta Van Susteren criticized Senate Majority Leader Harry Reid over his statement that "it's very clear that private-sector jobs have been doing just fine. It's the public-sector jobs where we've lost huge numbers." In fact, since the Recovery Act took effect, the private sector has gained 1.4 million jobs, while the public sector has lost 572,000. Read More

The All-Spin Zone: O'Reilly Makes A Hash Of Obama's Economic Record
In a single segment of his show, Bill O'Reilly made a series of false or misleading claims about President Obama's economic record, arguing that Obama's embrace of spending greatly expanded the deficit, that the stimulus was "didn't work very well," that increasing taxes on the rich won't "put a dent" in federal debt, and that the United States is on a path to Greek-style economic disaster. None of these claims stand up to scrutiny. Read More

Steyn Ignores Record-High Wealth Of Top 1 Percent To Push Tax Break For Wealthy
On Fox News, conservative commentator Mark Steyn claimed that "when you don't take" money from the richest 1 percent of taxpayers, they "hire people, they invest." But Steyn ignored the fact that the top 1 percent of earners have seen their earnings skyrocket in the past 10 years -- in part due to historically low tax burdens -- and yet hiring remains low. Read More

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