The BBC has admitted the household budget myth is wrong – so why do they still use it? скачать в хорошем качестве

The BBC has admitted the household budget myth is wrong – so why do they still use it?

In 2023, the BBC admitted that comparing government finances to a household budget is “dangerous territory” that can mislead audiences. And yet we still hear that myth every day. Its own impartiality review said household budget analogies are wrong. So why do they keep talking about them? Why? Because the myth is politically useful. It limits debate, justifies cuts to public services and social security, and presents ideology as arithmetic. In this video, I unpack what the BBC admitted, why the myth survives, and how we challenge it. Fiscal policy is about choices, as the BBC knows. It's time the BBC started making better ones when talking about that fact. 2023 BCC Report: https://www.bbc.co.uk/aboutthebbc/doc... Take a look at our poll below:    • Запись   00:00 — BBC admits the household analogy is misleading 01:05 — Why the myth persists despite the evidence 02:20 — Poor journalistic habits and the “resting state” 03:35 — How politicians use the metaphor to limit government 05:10 — Turning political choices into “necessity” language 06:45 — Media framing, false simplicity, and economic misunderstanding 07:50 — The BBC’s key admissions about fiscal policy 08:55 — Politics of care vs austerity rhetoric 09:55 — The real constraints: people, skills, and resources 10:45 — Conclusion: challenge the myth and focus on real choices TRANSCRIPT A transcript for this video is available at: https://www.taxresearch.org.uk IF YOU WANT TO WRITE TO YOUR MP ABOUT ISSUES IN THIS VIDEO If you want to write a letter to your MP on the issues raised in this blog post, there is a ChatGPT prompt to assist you in doing so, with full instructions, here. https://www.taxresearch.org.uk/Blog/2... HOW TO SUPPORT US Please consider donating: https://ko-fi.com/taxresearch ABOUT RICHARD MURPHY Richard Murphy is Emeritus Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best-known book is ‘The Joy of Tax’. This video was edited by Thomas Murphy. RICHARD MURPHY ON BLUESKY: https://bsky.app/profile/richardjmurp... OR ON MY BLOG: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION:    • Welcome to my channel - Richard J Murphy -...   PLAYLISTS: The Wealth Series    • The Wealth Series   Ecenomics    • Ecenomics   Britain    • Britain   Tax    • Tax   MMT    • MMT   Money    • Money   Climate Change    • Climate Change   USA    • USA   Labour    • Labour   The Trump Administration    • The Trump Administration   #HouseholdBudgetMyth #BBCEconomics #FiscalPolicy #AusterityMyth #GovernmentFinance #ModernMonetaryTheory #MMT #PoliticalEconomy #EconomicsExplained #PublicSpending #TaxAndSpend #DeficitMyths #EconomicLiteracy #MediaBiasUK #JournalismAndEconomics #PoliticsOfCare #PoliticsOfDestruction #Neoliberalism #UKPolitics #PublicServices #SocialSecurity #FundingTheFuture #RichardMurphy #EconomicNarratives #MythBustingEconomics #FiscalChoices #EconomicTruth #WestminsterPolitics #DeficitDebate #ChallengeTheMyth #england #uk #money