How Broken Is the Media? Just Look at the Coverage of Trump's Exploding Debt Crisis
on seeing the forest in spite of the trees:
How Broken Is the Media? Just Look at the Coverage of Trumps Exploding Debt Crisis - Mediaite via Yahoo Finance
While the news media were focused on Trumps sabre-rattling with Iran, Stephen Colberts yanked James Talarico interview, the Epstein files, tariffs, and an endless avalanche of other Trump news they all but ignored a dire warning related to one of the biggest existential threats facing the American public today: the national debt.
In mid-February, the nonpartisan Congressional Budget Office (CBO) released a shocking report calculating that at the current rate of increase, the national debt is set to hit $64 trillion by 2036. Sixty-four trillion dollars is such an eye-popping number double the national debt in 2023 and triple where it stood in 2018 that it would mean the public would owe over 120% of overall GDP, crushing the previous record of 106% in 1946.
After such a stark warning on an issue impacting all Americans and just about every public policy that requires federal spending, from national security to social security, you would think that cable news pundits and print columnists would be beating the drum for Washington to take action. But, instead, Trump allies and critics alike skipped over the CBO report and allowed Trump to continue to flood the zone and drive the narrative.