The long-awaited debt ceiling deal in Washington triggered a torrent of overwhelmingly negative economic coverage that easily proved to be the dominant story of the week. And two major newsmakers earlier in the year, al Qaeda leader Osama bin Laden and Congresswoman Gabrielle Gifffords, re-emerged in the headlines last week.
In a crowded news week, the economy was the top story, followed by an intensifying 2012 presidential race. The week ended with news of a new terror warning and sober reflection on the 10th anniversary of the September 11 attacks.
Coverage of the economy ballooned last week with the high stakes political skirmishing over the deficit and debt limit, while on the other side of the Atlantic the scandal enveloping Rupert Murdoch’s media empire generated a significant increase in media attention in the U.S.
The economy remained the No. 1 story for the ninth consecutive week while the 2012 presidential race continued its recent spike in coverage last week. And dramatic developments regarding Syria and Libya drove Mideast coverage to its highest level in nearly three months.
After building for more than a month, the Beltway Battle over the debt ceiling exploded as a story last week, accounting for more than half of the newshole. No other story even generated double digit coverage in a week dominated by a single subject.
The 2012 campaign was the top story last week as Republican hopefuls met in a New Hampshire debate that produced some media winners and losers. Worries about the economy were a close No. 2. And three weeks after the initial scandal broke, Anthony Weiner’s resignation was major news.
Bad economic news became a political story last week as analysts evaluated the impact on President Obama’s fortunes. Sarah Palin’s bus tour drew as much attention as Mitt Romney’s presidential announcement with the campaign generating its highest level of coverage yet. And two political scandals provoked much speculation and one indictment.
It was a diverse news week that started off with the arrest of the IMF chief, but ended with the media focused on strained U.S.-Israel relations and the problems with the GOP presidential field. Meanwhile, attention to the aftermath of the bin Laden raid continued to diminish dramatically.
The media were riveted last week by a made-for-headlines scandal involving one of the more combative members of Congress. The U.S. economy, the chaos in the Mideast and the emerging presidential race also generated significant attention, but they could not rival a story about the intersection of sex and politics.
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