Rachel Maddow Tells Bill Maher 100% Falsehood About Reaganomics

By Noel Sheppard January 22, 2011

Since its inception, NewsBusters has informed readers of the tendency of liberal media members to completely make up economic data when it fits their agenda.Not surprisingly, this happened on Friday’s “Real Time” when host Bill Maher brought up Reaganomics and MSNBC’s Rachel Maddow proudly told – she even stood up to tell this whopper! – a 100 percent falsehood about income gains during that era (video follows with transcript and commentary):Read more: http://newsbusters.org/blogs/noel-sheppard/2011/01/22/rachel-maddow-tells-bill-maher-100-falsehood-about-reaganomics#ixzz1BzGIMFd0

RACHEL MADDOW

Not surprisingly, Maddow was 100 percent wrong.

According to the Census Bureau, the median income for men in 1980 was $12,530 per year. This grew to $20,293 in 1990 – a 62 percent increase. For women, this figure went from $4,920 in 1980 to $10,070 in 1990 – a 105 percent jump.

This means that the median income for the entire population in that decade rose at roughly the same rate as Maddow claimed the income for the top one percent did.

Makes you wonder just how often this MSNBC commentator so badly misrepresents economic data on her show.

Even more concerning is the applause from the studio audience Friday evening, for it demonstrates that years of propaganda by liberal media members such as Maddow has brainwashed the citizenry into thinking the way she does about what happened when Reagan was president.

Sadder still is pondering how factually-challenged these folks are in other areas as a result of the news sources they choose.

Makes you weep for the future, doesn’t it?
Read more: http://newsbusters.org/blogs/noel-sheppard/2011/01/22/rachel-maddow-tells-bill-maher-100-falsehood-about-reaganomics#ixzz1BzGhgeIH