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Wednesday, June 11, 2008

NBC's Economic Views

Any sense of objectivity from NBC has been gone for some time now. Andrea Mitchell provides this thoughtful economic "analysis" to her viewers:

MITCHELL: It is a classic contest between old-fashioned, Republican, supply-side economics—John McCain—and Barack Obama's melding of Clinton sort of growth economics, and also mainstream, centrist, Bob Rubin-style of economics.

SCARBOROUGH: What is this Bob Rubin style of govern--this centrist style of economics? What is it in terms of policy?

MITCHELL: Well, what it means is helping people, doing things on health care. Government programs that do help people on health and education, but paying for everything. So it is the kind of responsible economics, some would say, that led to a lot of growth in the 90s because people on Wall Street were reassured you wouldn't be growing the deficit.