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Commentary

Study finds that attitude of gratitude has many health benefits

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From the Harvard Mental Health Newsletter.

Excerpt:

Two psychologists, Dr. Robert A. Emmons of the University of California, Davis, and Dr. Michael E. McCullough of the University of Miami, have done much of the research on gratitude. In one study, they asked all participants to write a few sentences each week, focusing on particular topics.

One group wrote about things they were grateful for that had occurred during the week. A second group wrote about daily irritations or things that had displeased them, and the third wrote about events that had affected them (with no emphasis on them being positive or negative). After 10 weeks, those who wrote about gratitude were more optimistic and felt better about their lives. Surprisingly, they also exercised more and had fewer visits to physicians than those who focused on sources of aggravation.

Another leading researcher in this field, Dr. Martin E. P. Seligman, a psychologist at the University of Pennsylvania, tested the impact of various positive psychology interventions on 411 people, each compared with a control assignment of writing about early memories. When their week’s assignment was to write and personally deliver a letter of gratitude to someone who had never been properly thanked for his or her kindness, participants immediately exhibited a huge increase in happiness scores. This impact was greater than that from any other intervention, with benefits lasting for a month.

Of course, studies such as this one cannot prove cause and effect. But most of the studies published on this topic support an association between gratitude and an individual’s well-being.

Other studies have looked at how gratitude can improve relationships. For example, a study of couples found that individuals who took time to express gratitude for their partner not only felt more positive toward the other person but also felt more comfortable expressing concerns about their relationship.

Managers who remember to say “thank you” to people who work for them may find that those employees feel motivated to work harder. Researchers at the Wharton School at the University of Pennsylvania randomly divided university fund-raisers into two groups. One group made phone calls to solicit alumni donations in the same way they always had. The second group — assigned to work on a different day — received a pep talk from the director of annual giving, who told the fund-raisers she was grateful for their efforts. During the following week, the university employees who heard her message of gratitude made 50% more fund-raising calls than those who did not.

My editor Mary writes: There is a health bonus to thankfulness but health isn’t why we should be thankful. We should be thankful because we are the recipients of many good things and it is appropriate under such circumstances to express gratitude. It is also the overflow of a heart made happy by the generosity of another.

To help us be thankful, here is a famous Thanksgiving day proclamation.

Here it is:

PRESIDENTIAL THANKSGIVING PROCLAMATIONS

1789-1815 : George Washington, John Adams, James Madison

THANKSGIVING DAY 1789

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA – A PROCLAMATION

Whereas it is the duty of all Nations to acknowledge the providence of almighty God, to obey his will, to be grateful for his benefits, and humbly to implore his protection and favor – and Whereas both Houses of Congress have by their joint Committee requested me “to recommend to the People of the United States a day of public thanksgiving and prayer to be observed by acknowledging with grateful hearts the many signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness.”

Now therefore I do recommend and assign Thursday the 26th day of November next to be devoted by the People of these States to the service of that great and glorious Being, who is the beneficent Author of all the good that was, that is, or that will be – That we may then all unite in rendering unto him our sincere and humble thanks – for his kind care and protection of the People of this country previous to their becoming a Nation – for the signal and manifold mercies, and the favorable interpositions of his providence, which we experienced in the course and conclusion of the late war –for the great degree of tranquillity, union, and plenty, which we have since enjoyed – for the peaceable and rational manner in which we have been enabled to establish constitutions of government for our safety and happiness, and particularly the national One now lately instituted, for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge; and in general for all the great and various favors which he hath been pleased to confer upon us.

And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech him to pardon our national and other transgressions – to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually – to render our national government a blessing to all the People, by constantly being a government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed – to protect and guide all Sovereigns and Nations (especially such as have shewn kindness unto us) and to bless them with good government, peace, and concord – To promote the knowledge and practice of true religion and virtue, and the increase of science among them and Us – and generally to grant unto all mankind such a degree of temporal prosperity as he alone knows to be best.

Given under my hand at the City of New York the third day of October in the year of our Lord 1789.

(signed) G. Washington

That’s from George Washington.

Happy Thanksgiving Day!

News

Harvard economist explains why spending cuts are better than tax increases

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From Investors Business Daily, an editorial by Dr. Alberto Alesina of Harvard University, that explains which approach to reducing debt and deficits works best. Is it cutting spending and reducing regulation? Or is it continuing to borrow and spend, and raising taxes?

Let’s see what Dr. Alesina says:

The evidence speaks loud and clear: When governments reduce deficits by raising taxes, they are indeed likely to witness deep, prolonged recessions. But when governments attack deficits by cutting spending, the results are very different.

In 2011, the International Monetary Fund identified episodes from 1980 to 2005 in which 17 developed countries had aggressively reduced deficits. The IMF classified each episode as either “expenditure-based” or “tax-based,” depending on whether the government had mainly cut spending or hiked taxes.

When Carlo Favero, Francesco Giavazzi and I studied the results, it turned out that the two kinds of deficit reduction had starkly different effects: cutting spending resulted in very small, short-lived — if any — recessions, and raising taxes resulted in prolonged recessions.

[…]The obvious economic challenge to our contention is: What keeps an economy from slumping when government spending, a major component of aggregate demand, goes down? That is, if the economy doesn’t enter recession, some other component of aggregate demand must necessarily be rising to make up for the reduced government spending — and what is it? The answer: private investment.

Our research found that private-sector capital accumulation rose after the spending-cut deficit reductions, with firms investing more in productive activities — for example, buying machinery and opening new plants. After the tax-hike deficit reductions, capital accumulation dropped.

The reason may involve business confidence, which, we found, plummeted during the tax-based adjustments and rose (or at least didn’t fall) during the expenditure-based ones. When governments cut spending, they may signal that tax rates won’t have to rise in the future, thus spurring investors (and possibly consumers) to be more active.

Our findings on business confidence are consistent with the broader argument that American firms, though profitable, aren’t investing or hiring as much as they might right now because they’re uncertain about future fiscal policy, taxation and regulation.

But there’s a second reason that private investment rises when governments cut spending: the cuts are often just part of a larger reform package that includes other pro-growth measures.

In another study, Silvia Ardagna and I showed that the deficit reductions that successfully lower debt-to-GDP ratios without sparking recessions are those that combine spending reductions with such measures as deregulation, the liberalization of labor markets (including, in some cases, explicit agreement with unions for more moderate wages) and tax reforms that increase labor participation.

Let’s be clear: This body of evidence doesn’t mean that cutting government spending always leads to economic booms. Rather, it shows that spending cuts are much less costly for the economy than tax hikes and that a carefully designed deficit-reduction plan, based on spending cuts and pro-growth policies, may completely eliminate the output loss that you’d expect from such cuts. Tax-based deficit reduction, by contrast, is always recessionary.

UPDATE: George Mason University economists agree: debt is wrecking the economy and the right way to stop it is with spending cuts, not tax increases. In order to grow the economy we need a balanced approach of spending cuts and tax cuts.

Excerpt:

The United States’ high levels of debt are already contributing to slower economic growth and decreased competitiveness. These impacts will worsen if the nation’s debt-to-GDP levels continue to rise, as is currently projected.

[…]High levels of government debt undermine U.S. competitiveness in several ways, including crowding out private investment, raising costs to private businesses, and contributing to both real and perceived macroeconomic instability.

[…]Carmen Reinhart and Kenneth Rogoff examine historical data from 40 countries over 200 years and find that when a nation’s gross national debt exceeds 90% of GDP, real growth was cut by one percent in mild cases and by half in the most extreme cases. This result was found in both developing and advanced economies.

Similarly, a Bank for International Settlements study finds that when government debt in OECD countries exceeds about 85% of GDP, economic growth slows.

[…]While fundamental tax reform is required to correct a host of structural inefficiencies, policymakers can quickly reduce the U.S. statutory rate of 35% to the OECD average rate of 26% or less.

That’s what research tells us. But that’s not what we are doing, because we voted for Barack Obama.

News

Pew Research study reveals which news network is more biased: Fox News or MSNBC?

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The Baltimore Sun reports on a new Pew Research study. (H/T WGB)

Excerpt:

In writing about the Pew study released today, I was struck by the big story of how negative coverage on several levels of presidential politics had become.

[…]On MSNBC, the ratio of negative to positive stories on GOP candidate Mitt Romney was 71 to 3.

[…]The ratio of negative to positive stories in Fox’s coverage of President Obama was 46 to 6.

Check out the full Pew study here. It’s a good one, and there is much food for thought in its findings as we approach the end of an election cycle marked by poor media performance.

Pew Research is a left-of-center organization, so the finding is even more striking.

Peer-reviewed academic studies of media bias

Let’s take a look at peer-reviewed academic studies of media bias, and see if they confirm or falsify what Pew Research found.

Here’s a UCLA study on media bias.

Excerpt:

Of the 20 major media outlets studied, 18 scored left of center, with CBS’ “Evening News,” The New York Times and the Los Angeles Times ranking second, third and fourth most liberal behind the news pages of The Wall Street Journal.

Only Fox News’ “Special Report With Brit Hume” and The Washington Times scored right of the average U.S. voter.

The most centrist outlet proved to be the “NewsHour With Jim Lehrer.” CNN’s “NewsNight With Aaron Brown” and ABC’s “Good Morning America” were a close second and third.

“Our estimates for these outlets, we feel, give particular credibility to our efforts, as three of the four moderators for the 2004 presidential and vice-presidential debates came from these three news outlets — Jim Lehrer, Charlie Gibson and Gwen Ifill,” Groseclose said. “If these newscasters weren’t centrist, staffers for one of the campaign teams would have objected and insisted on other moderators.”

The fourth most centrist outlet was “Special Report With Brit Hume” on Fox News, which often is cited by liberals as an egregious example of a right-wing outlet. While this news program proved to be right of center, the study found ABC’s “World News Tonight” and NBC’s “Nightly News” to be left of center. All three outlets were approximately equidistant from the center, the report found.

“If viewers spent an equal amount of time watching Fox’s ‘Special Report’ as ABC’s ‘World News’ and NBC’s ‘Nightly News,’ then they would receive a nearly perfectly balanced version of the news,” said Milyo, an associate professor of economics and public affairs at the University of Missouri at Columbia.”

Here’s a Harvard University study on media bias.

Excerpt:

The programming studied on Fox News offered a somewhat more positive picture… of Republicans and more negative one of Democrats compared with other media outlets. Fox News stories about a Republican candidate were most likely to be neutral (47%), with the remainder more positive than negative (32% vs. 21% negative). The bulk of that positive coverage went to Giuliani (44% positive), while McCain still suffered from unflattering coverage (20% positive vs. 35% negative).

When it came to Democratic candidates, the picture was more negative. Again, neutral stories had a slight edge (39%), followed by 37% negative and 24% positive. And, in marked contrast from the rest of the media, coverage of Obama was twice as negative as positive: 32% negative vs. 16% positive and 52% neutral.

But any sense here that the news channel was uniformly positive about Republicans or negative about Democrats is not manifest in the data.”

From the Washington Examiner, a study of the political contributions made by the mainstream media.

Excerpt:

Senior executives, on-air personalities, producers, reporters, editors, writers and other self-identifying employees of ABC, CBS and NBC contributed more than $1 million to Democratic candidates and campaign committees in 2008, according to an analysis by The Examiner of data compiled by the Center for Responsive Politics.

The Democratic total of $1,020,816 was given by 1,160 employees of the three major broadcast television networks, with an average contribution of $880.

By contrast, only 193 of the employees contributed to Republican candidates and campaign committees, for a total of $142,863. The average Republican contribution was $744.

[…]The data on contributions by broadcast network employees was compiled by CRP at the request of The Examiner and included all 2008 contributions by individuals who identified their employer as one of the three networks or subsidiaries. The data does not include contributions by employees of the three networks who did not identify their employer.

The CRP is the organization behind OpenSecrets.org, the web site that for more than a decade has put campaign finance data within reach of anybody with an Internet connection.

President Obama received 710 such contributions worth a total of $461,898, for an average contribution of $651 from the network employees. Republican presidential nominee Sen. John McCain received only 39 contributions totaling $26,926, for an average donation of $709.

And more from a study done by the radically leftist MSNBC.

Excerpt:

MSNBC.com identified 143 journalists who made political contributions from 2004 through the start of the 2008 campaign, according to the public records of the Federal Election Commission. Most of the newsroom checkbooks leaned to the left: 125 journalists gave to Democrats and liberal causes. Only 16 gave to Republicans. Two gave to both parties.

The donors include CNN’s Guy Raz, now covering the Pentagon for NPR, who gave to Kerry the same month he was embedded with U.S. troops in Iraq; New Yorker war correspondent George Packer; a producer for Bill O’Reilly at Fox; MSNBC TV host Joe Scarborough; political writers at Vanity Fair; the editor of The Wall Street Journal’s weekend edition; local TV anchors in Washington, Minneapolis, Memphis and Wichita; the ethics columnist at The New York Times; and even MTV’s former presidential campaign correspondent.

Those are the facts.

So what?

Now consider this column from Brent Bozell, which explains the difference media bias makes to political intelligence.

Excerpt:

A 2008 survey by the Pew Research Center asked media consumers three questions: which party was in control of Congress (Democrats), who was the secretary of state (Condi Rice) and who was the prime minister of Britain (Gordon Brown).

Let’s document how the viewers of “Hannity &Colmes” were better informed than Stewart’s “Daily Show”  gigglers on basic political facts. Hannity viewers beat Stewart’s on the Democratic majority (84 percent to 65 percent correct answers), Condi Rice (a dramatic 73 percent to 48 percent gap) and Gordon Brown (49 percent to 36). Overall, as a percentage getting all three questions right, Hannity won 42-30.

Just keep that in mind when you are watching the mainstream media news shows. A very good site to bookmark and read is Newsbusters, which documents mainstream media bias daily. I even have an RSS feed of their latest stories on the front page on this blog.