COMMENTS: A Chairman, a Secretary and a President Walk up to a Microphone…
The government's economic elite dominated the Washington airwaves. Chairman Benjamin Bernanke was questioned by a Senate committee on the federal bailout of high finance. Treasury Secretary Timothy Geithner testified on the administration's budget plan to a House panel. President Barack Obama opined on stock market timing as he met with Prime Minister Gordon Brown of Britain. All three newscasts covered all three spokesmen: ABC's lead emphasized the President; NBC's chose the Chairman; CBS' mix gave most time to the Secretary. The unveiling of a logo to attach to new federally-funded infrastructure projects made recession stimulus the Story of the Day. ABC anchor Charles Gibson continued his field trip, filing from Los Angeles.
ABC's Jake Tapper and NBC's Chuck Todd both showed us the recovery.org logo that will advertise 200-or-so transportation projects costing $28bn in all. NBC's Todd saw the Obama Administration "borrowing a page from FDR's New Deal WPA" although the graphics were hardly as cool. ABC's Tapper repeated the White House talking point that the $28bn would generate "more jobs than General Motors, Ford and Chrysler have lost in manufacturing over the past three years."
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