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The Fiscal Times
Screenshot
TypeDaily news and opinion website
Owner(s)The Fiscal Times, LLC
EditorJacqueline Leo
Founded2010
Headquarters529 14th St, N.W.
Washington, D.C.,
and 712 5th Ave
New York, NY
Websitethefiscaltimes.com

The Fiscal Times (TFT) is an English-language digital news, news analysis and opinion publication based in New York, NY and Washington, D.C.. Through three core content channels -- policy and politics, business and economy, and life and money – the publication focuses how fiscal policy affects business and consumers and how business and consumer behavior influences government fiscal policy. Its news coverage follows the Presidency, Congress and the Federal Reserve, the euro zone fiscal crisis, and U.S. business as part of a global economic system. The site also includes a balance of liberal and conservative opinion pieces from economists and analysts.

History

Peter G. Peterson, founder of the Peter G. Peterson Foundation, initially funded The Fiscal Times in 2010. Some liberal advocacy groups have accused Peterson, a former billionaire investment banker, who has long advocated for deficit reduction, of having a political agenda[1] On December 31, 2009, the Washington Post, as part of a content partnership agreement, published its initial article from The Fiscal Times, entitled "Support grows for tackling nation's debt."[2] The advocacy group Fairness and Accuracy in Reporting issued an "Action Alert" on the story, headlined "Anti-Social Security outfit does propaganda, not journalism."[3]Washington Post ombudsman Andrew Alexander criticized his paper's lack of transparency but defended the partnership, noting that Peterson had informed him that his funding of The Fiscal Times had "no strings attached."[4] Alexander said there had been an "uproar" from critics, who he said had accused The Post of running “propaganda” from Peterson.[5]

Celebrating the February 2010 launch of the website for the The Fiscal Times, an article in "The Washington Scene" section of the The Hill stated that it had received "rave reviews, with guests and journalists commending the site on its non-partisan, clearly numbers-based approach to reporting the news of money."[6] However, an article in the AlterNet digital news and opinion service in March 2010 characterized The Fiscal Times as "tycoon-funded" propaganda. In April 2010, economist Dean Baker of the Center for Economic and Policy Research said the publication's news articles displayed pro-deficit-reduction bias.[7][8] In June 2010, the organization Fairness and Accuracy in Reporting again criticized the Washington Post, for publishing another Fiscal Times authored news article that allegedly promoted deficit reduction.[9]

In 2011, The Fiscal Times was named Best New Site[10] by Media Industry News.

Staff

The staff for the Fiscal Times consists of several veteran reporters,[11] including Editor-in-Chief Jackie Leo, former Editor-in-Chief for Reader's Digest; Washington editor Eric Pianin, former editor and budget reporter for the Washington Post; Josh Boak, former reporter editor at Politico; Yuval Rosenberg, former editor at Fortune; Economist and author Bruce Bartlett, Professor of Economics at the University of Oregon, Mark Thoma; Patrick Smith, former Hong Kong (and then Tokyo) bureau chief, International Herald Tribune; Columnist Ed Morrissey, blogger at Hot Air.

Partnerships

TFT has partnerships with a number of news organizations, including the Washington Post, which allows both publications to jointly produce as well as share content,[11] CNBC, Microsoft Windows 8, Bloomberg Terminal, Business Insider, MSN Money and Bankrate. In addition, TFT’s stories appear frequently on the Huffington Post and The Week.

Mission

The publication bills itself as "The Source for All Things Fiscal."[12] It adds that it is "part of a new era of independently supported non-partisan journalism" on fiscal policy, which "works to present fair, accurate and balanced reporting and serve as an honest broker in sorting through a broad range of viewpoints, including the federal budget, the growing deficit, entitlements, health care, personal savings, taxation, and the global economy."[13]

Another stated goal of the publication is to inspire debate about important fiscal issues that affect the country, while engaging an informed readership[attribution needed]. "The Fiscal Times" advisory committee periodically meets with TFT editors to assess performance and progress in meeting its goals and standards. The Committee includes Robert D. Reischauer, president emeritus of the Urban Institute[14]; Drew Altman, CEO of the Henry J. Kaiser Family Foundation; Jim Brady, former executive editor of "The Washington Post"; Jodi T. Allen, senior editor of the Pew Research Center; and G. William Hoagland, senior vice president at the Bipartisan Policy Center.

The Fiscal Times publishes opinion columns and blogs in the 500-1000 word range. Long-form articles and multi-part investigative series can run as long as 7,500 words.

References

  1. ^ Pérez-Peña, Richard (5 January 2010). "Sourcing of Article Awkward for Paper". New York Times. Retrieved 5 April 2011.
  2. ^ Elaine S. Povich and Eric Pianin (31 December 2009). "Support grows for tackling nation's debt". The Washington Post.
  3. ^ Washington Post Lets Lobbyists Write Its Stories Fairness and Accuracy in Reporting, January 6, 2010
  4. ^ Andrew Alexander (10 January 2010). "A controversial Post partnership with the Fiscal Times". The Washington Post.
  5. ^ Andy Alexander (11 January 2010). "The Post's alliance with Fiscal Times". The Washington Post.
  6. ^ Wilkie, Christina (February 2010). "The Launch of the Fiscal Times". The Hill. Retrieved 5 April 2011. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  7. ^ Skomarovsky, Matthew (28 March 2010). "Obama Packs Debt Commission with Social Security Looters". AlterNet. Retrieved 5 April 2011.
  8. ^ Baker, Dean (20 June 2010). "Peter Peterson's Fiscal Times Blesses Deficit Reducers as Being Non-Ideological and Washington Post Concurs". Retrieved 5 April 2011.
  9. ^ Peter Hart (21 June 2010). "The WaPo and Fiscal Times, Together Again". Fairness and Accuracy in Reporting.
  10. ^ "Best of the Web 2011". MinOnline. Retrieved 2 May 2013.
  11. ^ a b http://www.mediabistro.com/fishbowlny/new_media/_fiscal_times_will_have_powerhouse_of_journos_content_146414.asp
  12. ^ http://www.prnewswire.com/news-releases/the-fiscal-times-to-launch-in-early-2010-79533422.html
  13. ^ http://www.thefiscaltimes.com/Special-Features/documents/About-Us.aspx
  14. ^ "National Academy of Social Insurance". NASI. Retrieved 2 May 2013.

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