If [the media] has a claim to objectivity it has to treat each position with equal credibility. And the way that that’s playing out in this debate is over this issue of taxes. Most economic experts or mainstream economists say there is no way to solve this problem without a combination of spending cuts and tax increases.

But the Republicans are digging in their heels and saying no tax increases. And President Obama has basically said he will accept something that is about 75 percent spending cuts and 25 percent tax increases. That is a moderate position, based on the whole range of recommendations we’ve seen, but the media is struggling with how to re - relate to that. So they have to say Obama, on one hand, and these Republicans, on the other hand. And that’s where I think people get pretty confused.

Rick Newman, chief business correspondent, US News and World Report, explaining how journalistic “objectivity” fails the public when it manufactures credibility in order to provide “balance”.

On the Media, Reporting on the Debt Ceiling.

As Kevin Anderson explains, “As an American journalist, I was trained in objectivity. It is not a violation of objectivity to accurately portray what is at stake here.” 

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