Kevin McCarthy

U.S. Speaker of the House Rep. Kevin McCarthy (R-CA) speaks to members of the press during a news conference at the U.S. Capitol on March 30, 2023 in Washington, DC.

(Photo by Alex Wong/Getty Images)

Don't Be Taken by Corporate Media Both-Siderism: The GOP Alone Manufactured This Debt Ceiling Disaster

The “both sides” reporting by mainstream news outlets is misleading the public and giving a free pass to McCarthy and his MAGA extremists who have taken the U.S. economy in name of savage austerity and more tax cuts for the rich and corporations.

The credit-rating agency Fitch on Thursday morning put the nation’s AAA rating on a watch list, citing “increased political partisanship” over the debt ceiling. Later, I heard ABC News attribute the standoff on the debt ceiling to “polarization” in Congress. NPR blames the fight on “hyper-partisanship” in American politics. Reutersblames the stalemate on lawmakers “digging in on partisan positions.”

“Partisan standoff” is the way most of the media is now characterizing the fight.

Hello?

Enough with the “both sides” reporting on the debt ceiling.

I admire Joe Biden, but he should not have allowed the media to so badly mischaracterize what’s happening.

The current fight over raising the debt ceiling — and the growing possibility the United States might default on its debts — is not because of partisanship. It’s not due to political polarization. It’s not because lawmakers are “digging in” to “partisan positions.”

Republicans alone manufactured this looming disaster.

In order to become speaker, Kevin McCarthy made a deal with right-wing MAGA House Republicans to use the debt ceiling as a way to hold America hostage and force the Biden administration to come begging.

McCarthy and his band of MAGA crazies don’t give a fig about the national debt. Hell, they had no problem raising the debt ceiling three times under Trump — while providing trillions in tax cuts for the rich.

This current fight is entirely theirs.

The “both sides” reporting is misleading the public and giving a free pass to McCarthy and his extremists.

I admire Joe Biden, but he should not have allowed the media to so badly mischaracterize what’s happening. He never should have begun negotiating with McCarthy. Biden has the bully pulpit; he should have addressed the nation by now, pointing out that this fight is manufactured entirely by House Republicans.

The media’s reporting is inexcusable.

© 2021 robertreich.substack.com