When Moody’s Analytics concluded that Hillary Clinton’s economic plan would lead to “a stronger U.S. economy under almost any scenario” and Donald Trump’s would do the opposite, Fox News host Trish Regan rode to the rescue to accuse Moody’s of bias. Fox also stacked the three-person panel to help her with the message.
Fortune summarized Moody’s findings:
“The upshot of our analysis is that Secretary Clinton’s economic policies, when taken together, will result in a stronger U.S. economy under almost any scenario,” they wrote on Friday. ”The upshot of Mr. Trump’s economic policy positions under almost any scenario is that the U.S. economy will be more isolated and diminished,” they concluded in June.
Regan started off the “fair and balanced” discussion by “asking” if Moody’s was “perhaps letting its politics color its research analysis in this one.”
“Moody’s has no idea what they’re talking about,” guest Gary Kaltbaum said. “Look, government spending has doubled since 2000, but Hillary Clinton wants to spend more. Taxes are at their highest ever, but she wants to tax more, and debt is at its highest ever, and she wants to indebt more.”
“I hear a lot of Democratic spin on the economy,” Regan said in support. She gratuitously added, “I don’t think the spin works, and the reason I say that is because when you go out there, anywhere in this country, and you talk to people about their economic futures, they don’t feel good. So I really do question how Hillary Clinton is going to run on President Obama’s record, and how she’s going to run on, sort of, promises of this, that, and the other when everyone knows realistically there’s no way to pay for it.”
Guest Mark Serrano helped with the Fox narrative: “This spin about the economy works with elitists in Washington and it works with the news media, but it will not work with the middle class.” He predicted that under Clinton, the U.S. will “lose 311,000 jobs over 10 years, wages will actually decrease by almost 1%, and GDP will decrease by 1%.” He declared, “This plan is a disaster.”
Regan did not argue. That was quite a contrast with her behavior toward Tamara Holder, the sole person who seemed to think there was reason to believe Moody’s. Holder was also the only person Regan repeatedly interrupted.
Noting that there’s “an economic crisis in my own family,” Holder said she thought it worth looking at “who is flanked by better people.” She pointed out that such successful businessmen as Mark Cuban, Michael Bloomberg and Warren Buffet support Clinton’s plan.
“Elitists though,” Regan sneered, interrupting. “Is that really the image that she wants to cut? Wouldn’t she be better off with, maybe some of those coal miners that have lost their jobs?”
Regan also shot back that Carl Icahn supports Trump and Serrano said, “He’s got Larry Kudlow, Stephen Moore.”
But as Media Matters reported – and “fair and balanced” Regan ignored – both Kudlow and Moore “have long histories of playing fast and loose with the facts while making outlandish and incorrect claims about the economy.”
Watch the blatant bias below, from the August 1 Your World.
Chuckyp below me needs help……
IF WE THOUGHT SECRETARIAT’S 38 LENGTH WIN IN THE BELMONT WAS THE 2ND COMING OF PEGASUS, THEN HOW FOOLISH ARE WE WHEN WE THINK THAT THE ANTI-CHRIST WAS GOING TO BE A MAN!
TO BAD THAT THERE PROBABLY AREN’T FLY’S AT THE GATES OF HEAVEN TO HEAR THIS CONVERSATION, BUT IT WOULD BE POETIC JUSTICE TO HEAR THE CLINTON’S WHEN THEY HAVE TO SOMEDAY KNEEL BEFORE THE MAKER AND TRY TO SPIN THEIR SPIN TO ENTER!