
Forced to apologize for lying:
On February 8th, 2000 20/20 broadcast a story by John Stossel claiming that foods sold at organic and health food stores were no more safe to eat than food bought at conventional supermarkets. Stossel claimed that tests commissioned by ABC TV showed that food purchased at organic markets had higher rates of E. Coli contamination and equivalent amounts of pesticides.
Investigation by the Environmental Working Group revealed that the experts cited by ABC's 20/20 for the story had never actually performed the tests ABC claimed in the story.
Despite the embarrassment, Stossel repeated the story on July 7, 2000, informing the EWG through an intermediary that he would not even respond to the allegations. ABC TV, however, embarrassed by the publicity, ordered Stossel to apologize.
Stossel has also been accused is mireporting in his story on Erin Brockovich, the California woman who found Chromium 6 in her town's drinking water.
"On the January 13
(2006) broadcast of ABC's
20/20, host John Stossel presented an hour-long "special report" on the purported failures of public schools in the United States. Titled "Stupid in America: How We Cheat Our Kids," the report tilted heavily in favor of those who advocate for expanding such "school choice" initiatives as voucher and charter school programs, ostensibly as the means for increasing academic achievement.
Through a series of misleading claims, a lack of balance in reporting and interviews, and video clips apparently created primarily for entertainment, Stossel's report failed to offer viewers an accurate picture of the debate over charter schools and voucher programs, and gave significantly greater coverage to the arguments of "school choice" proponents, with Stossel frequently criticizing public schools. At one point, the reporter warned, "Most Americans don't know what stupid schools are doing to American kids."
Economist's View "John Stossel makes a false claim about tax cuts. As we know, tax cuts do not pay for themselves. No credible analyst claims that. But John Stossel does:
The Tax-Cut Myth, by John Stossel, RCP: ...[T]ax cuts stimulated the economy and increased tax revenues. It happens because, as the Laffer Curve illustrates, lower rates mean higher rewards for productive activities. ...
Any decent reporter would know that isn't true. He can't even keep his story straight. After saying it was tax cuts that increased revenues, he then says:
President Bush brags that the deficit is coming down -- and it is. ... But that's largely because your FICA taxes currently exceed Social Security and Medicare payments. ...
He then goes back to the tax cuts increase revenues propaganda and quotes the president pushing the same myth:
Bush boasted last year, "This economy is growing, federal taxes are rising, and we're cutting the federal deficit... Some in Washington say we had to choose between cutting taxes and cutting the deficit. Today's numbers show that that was a false choice. The economic growth fueled by tax relief has helped send our tax revenues soaring."
Remember what Andrew Samwick, who was chief economist of the Council of Economic Advisers from 2003 to 2004, said about statements like this?
Next, Stossel gets himself all tied up in knots. Tax cuts are good. But if tax cuts increase government revenue, then tax cuts are bad because it means government takes more of our money. So tax cuts aren't good after all:
But I don't want tax revenues to soar. That's money you and I could be spending for things we want. I want revenue and spending and government overall to shrink. So I'm not celebrating with the president.
So a higher tax rate is bad, a lower tax rate is bad, and the tax rate we have is unacceptable. It's all the government's fault anyway. Because of politicians, we'll never, ever get to the promised land on the other side of the Laffer curve:
If revenues are pouring in, why don't the politicians return it to the taxpayers instead of spending it? Because politicians love to spend money. They get reelected not by how much they save but by how much they shower on interest groups.
He has a book called Myths, Lies, and Downright Stupidity. I haven't read it and don't plan to, but from the above, I assume it's autobiographical."