Yet another example of media incompetence

How many more times do the idiots at the Barclay Brother Beano need to be told?  The once respected organ is now becoming a hollowed out joke as journalism makes way for the cut and paste of releases from spin doctors.

EU Referendum points out how the Telegraph is displaying rank incompetence on reporting economic matters in its piece about a collapse in consumer confidence.  It’s as if they were having a few days off around the time of the October spending review:

Straight out of the department of the trite and superficial, The Daily Telegraph says these findings “will prompt more questions as to whether the coalition risks tipping the economy back into recession through its programme of tax rises and spending cuts to reduce the budget deficit.”

Spending cuts? Spending cuts? Perhaps Barclay Brother journos can’t understand the simple mathematics this blog pointed to back in October (after another fine piece of observation by the estimable Dr North) in 2014-15 public sector spending is forecast to be £739.8 billion. That is an increase in public spending between now and then of £43 billion.  Or perhaps the Telegraph is trying to help out the Millbank minions with a bit of spinning?

3 Responses to “Yet another example of media incompetence”

  1. 1 Franksw 28/01/2011 at 5:34 pm

    Not only less quality, but less news, bigger adverts bigger pictures and less columns. Are they thinking of moving to a smaller print format?

  2. 2 Mark Wadsworth 29/01/2011 at 1:26 pm

    Exactly. Those aren’t cuts, that’s merely a slower rate of increase accompanied by massive tax increases.

  3. 3 manicbeancounter 30/01/2011 at 10:09 am

    Well put. However, in real terms (whether adjusted for inflation or a percentage of GDP) expenditure will fall.

    It should be remembered that the majority of the forecast deficit reduction will not come about by reigning in public expenditure growth. It is by strong economic growth. So the political parties are not that far apart on the “cutbacks”, as both ignore the large downside risks of failure to tackle the deficit before another recession ratchets-up the problem.

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