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Rex Nutting

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Rex Nutting is an American journalist, economist, columnist and the Washington bureau chief for the financial information news site MarketWatch.

Education

In 1984, Nutting graduated from the University of Utah with a bachelor of arts in history. He graduated in 1994 with a Master's degree in economics from The American University.

Career

He has worked for UPI Financial, The Salt Lake Tribune, and The Quincy Patriot-Ledger. Since 1997, he has been a columnist for MarketWatch on the Wall Street Journal's Digital Network.

2012 controversy

On May 22, 2012, Nutting caused political controversy[1][2][3] when he wrote a column titled "Obama spending binge never happened." In it, Nutting stated, "Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree."[4] On May 23, 2012, White House press secretary Jay Carney referenced Nutting's column to argue that President Obama has restrained spending.[5]

On May 24, 2012, President Obama referenced Nutting's column and stated that "Federal spending since I took office has risen at the slowest pace of any president in almost 60 years." Commentators considered Nutting's analysis flawed[6][7][8][9] while other commentators defended the column.[10][11] The controversy was about how to count the stimulus funding that began under President Bush and continued early in President Obama's first term, and how to deal with the repayment of TARP funds that were repaid later in Obama's administration.

Forbes wrote that Nutting's column "triggered a firestorm of controversy."[12]

References

  1. ^ Scott Whitlock. "Rex Nutting Media Mostly Mum on Outrageous Obama Claim of Fiscal Restraint". Retrieved 2012-05-27.
  2. ^ Veronique de Rugy. "Fact-Checking Obama on Spending". Retrieved 2012-05-27.
  3. ^ Ann Coulter. "Figures don't lie, but Democrats do". Retrieved 2012-05-27.
  4. ^ Rex Nutting. "Obama spending binge never happened". Retrieved 2012-05-27.
  5. ^ "Carney cites MarketWatch column on Obama spending". Retrieved 2012-05-27.
  6. ^ "Fact Check: Obama thrifty spending claim, and MarketWatch analysis, are way off". Retrieved 2012-05-27.
  7. ^ Glenn Kessler (2012-05-29). "The facts about the growth of spending under Obama". The Washington Post. Retrieved 2012-05-27.
  8. ^ "Obama Is a Spendthrift -- And Here's the Proof". Retrieved 2012-05-27.
  9. ^ Mickey Kaus. "Kaus Files: May 28, 2012". Retrieved 2012-05-31.
  10. ^ Michael Linden. "How To Understand The Debate Over Obama's Non-Existent Spending Spree". Retrieved 2012-05-27.
  11. ^ Joan Walsh. "Ann Coulter's phony budget math". Retrieved 2012-05-27.
  12. ^ Mitchell, Daniel J. "Mirror, Mirror, on the Wall, Which President Is the Biggest Spender of All? - Forbes". Forbes.