Paul Krugman, at it again:
…Perhaps in a better world we could count on the news media to sort through the conflicting claims. In this world, however, most voters get their news from short snippets on TV, which almost never contain substantive policy analysis. The print media do offer analysis pieces — but these pieces, out of a desire to seem “balanced,” all too often simply repeat the he-said-she-said of political speeches.I wish I could say that things were a whole lot better back in the golden age of newspapering. But they weren’t. At least in my day — the 50s and early 60s — they were worse. Then as now, newspapers and television stations were, by definition, owned by millionaires. Apart from a few financially anemic partisan magazines like The Nation and The Progressive and privately financed hobbies like The National Review the print press was even more wedded than today to false equivalency masquerading as fairness. News on radio and TV was pathetic. Anyone who thinks the American media plumbed historic depths in helping to lie us into Iraq is too young to remember how enthusiastically they helped Eisenhower, Kennedy and Johnson lie us into Vietnam.
Trust me: you will see very few news analyses saying that Mr. Romney proposes huge tax cuts for the rich, with no plausible offset other than big benefit cuts for everyone else — even though this is the simple truth. Instead, you will see pieces reporting that “Democrats say” that this is what Mr. Romney proposes, matched with dueling quotes from Republican sources…
It may well be that we are, right now, in the true golden age of news. Enjoy it before the government steps in to control the spigot, as it is already starting to do. For now, though, every man, woman and child, from Ayn Rand Looney Tunes to Nobel Prize winners, can afford his or her own electronic printing press.