economic crisis

GRITtv: Dean Baker: Budget Cuts are the Real Job-Killers

"People who want to see the budget cut are people who are advocating throwing people out of work, it's that simple," says Dean Baker of the pressure from conservatives on Obama's budget--pressure, it appears, that Obama is conceding to as he brags that discretionary spending will be the lowest since Eisenhower's administration. So Obama's budget includes cuts to infrastructure, education, and more, and for Republicans, that's still not enough. Dean joins us from D.C. via Skype to talk about what the president should be arguing as the budget fight heats up.

No votes yet

GRITtv: Feb. 16, 2011

"People who want to see the budget cut are people who are advocating throwing people out of work, it's that simple," says Dean Baker of the pressure from conservatives on Obama's budget--pressure, it appears, that Obama is conceding to as he brags that discretionary spending will be the lowest since Eisenhower's administration.So Obama's budget includes cuts to infrastructure, education, and more, and for Republicans, that's still not enough. Dean joins us from D.C. via Skype to talk about what the president should be arguing as the budget fight heats up.They're calling him the Mubarak of the Midwest: Wisconsin governor Scott Walker might have gone too far threatening to call the National Guard on union workers who might fight back against his draconian bill to strip their collective bargaining rights. Walker's union-busting has brought out thousands of protesters, who packed the capitol building and even drew support from the Super Bowl-winning Green Bay Packers. The protests continued today with a "sick-out" from Madison schools, and support just might be eroding for Walker's policies..."It's a reimagining of the middle east, what is possible," says poet Remi Kanazi of the revolution in Egypt, and Laila El-Haddad notes the direct impact that the Mubarak regime had on Palestinian people, particularly in Gaza, which shares a border with Egypt. ; Laila and members of her family--including her small children--had been detained by the Mubarak regime.What does regime change mean for the Palestinian people? And what effect will the wave of civil rights protests and activism across Bahrain, Jordan, Yemen, Iran and Libya have? Laila and Remi join us to discuss.Finally, Laura has a few thoughts about Obama's budget--and all the things we shouldn't forget.

Your rating: None Average: 4 (1 vote)

GRITtv: Blackmailing the Unemployed: Talking to '99ers'

Members of Congress talking about shutting the government down until they can extend tax cuts for the wealthy are "in denial, blinded by their greed," says Constance Kaplan, "They're not concerned with us." Connie is a law librarian who's worked for JP Morgan Chase, among other companies, and is a '99er'--she's been unemployed for over 99 weeks and has thus lost all government unemployment benefits. Connie joins us in studio to discuss the government's inattention to job creation, and Edrie Irvine joins us via Skype--a legal secretary, she is also unemployed and is nearing the expiration on her own benefits. They fill us in on what it's like on the job hunt after over a year, and what unemployed workers are doing to get organized.

No votes yet

GRITtv: Dec. 2, 2010

Members of Congress talking about shutting the government down until they can extend tax cuts for the wealthy are "in denial, blinded by their greed," says Constance Kaplan, "They're not concerned with us." Connie is a law librarian who's worked for JP Morgan Chase, among other companies, and is a '99er' -- she's been unemployed for over 99 weeks and has thus lost all government unemployment benefits.Connie joins us in studio to discuss the government's inattention to job creation, and Edrie Irvine joins us via Skype--a legal secretary, she is also unemployed and is nearing the expiration on her own benefits. They fill us in on what it's like on the job hunt after over a year, and what unemployed workers are doing to get organized."I guess I missed the part of the book of Genesis where Moses says 'Let my people make $250,000 a year or more,'" jokes Chris Lehmann, author of the new book Rich People Things (from OR Books, also publisher of At The Tea Party). And Harper's columnist Thomas Frank notes, "It's expensive to be a populist these days!"Thomas and Chris join us in studio for a chat about Rich People Things--why it is that the same political rhetoric that used to be used in service of the people, the poor and working classes, is now being used to defend the rights of millionaires not to pay taxes. When the social contract's been shredded, right-wingers talk of "forces of darkness" with straight faces, and Republicans are vowing not to vote on anything until they get to cut taxes for the rich, what can we do?And just in case that wasn't enough to convince you that our government has the wrong interests at heart, just-released Fed documents show money floated not just to too-big-to-fail banks, but too-big-to-fail--phone companies? Foreign banks? Motorcycle companies? Laura has some thoughts on the big float.

Your rating: None Average: 4 (1 vote)

GRITtv: Michael Hudson & Richard Wolff: Europe Under the Crunch

We've heard plenty about the recession in the U.S., but what about the rest of the world? Countries across Europe have faced budget crunches and conservative governments are using the crisis as an excuse to roll back the social safety net that most have enjoyed for decades. Many of the problems--and the solutions--sound sadly familiar. Lowered taxes on the rich and corporations, falling wages, and deregulation led to the crisis, which is being shifted onto the backs of the working class--as Michael Hudson notes, putting the class war back in business. Hudson joins us in studio, along with Richard Wolff, to discuss the economic crisis in Europe, what we can learn about the response to it and apply back at home. Here's a hint: it involves organized labor.

No votes yet

GRITtv: July 30 2010

We've heard plenty about the recession in the U.S., but what about the rest of the world? ; Countries across Europe have faced budget crunches and conservative governments are using the crisis as an excuse to roll back the social safety net that most have enjoyed for decades.Many of the problems--and the solutions--sound sadly familiar. Lowered taxes on the rich and corporations, falling wages, and deregulation led to the crisis, which is being shifted onto the backs of the working class--as Michael Hudson notes, putting the class war back in business. Hudson joins us in studio, along with Richard Wolff, to discuss the economic crisis in Europe, what we can learn about the response to it and apply back at home. Here's a hint: it involves organized labor.Last weekend, while at Netroots Nation, Laura had the opportunity to chat with Representative Donna Edwards.

No votes yet

GRITtv: ColorLines: Foreclosures, Families, and Racism

Over a year ago, our friends at the Applied Research Center and ColorLines investigated the impact of the recession on communities of color. Their report, "Race and Recession: How Inequity Rigged the Economy and how to Change the Rules" looked at the long-term racial inequalities that left people of color disproportionately vulnerable to the effects of the economic crisis. Now, a year later, Seth Freed Wessler revisits one of the women profiled in the original reporting to talk about how her home foreclosure continues to affect her.

No votes yet

GRITtv: July 9 2010

Our biological clock is ticking, and it’s ticking fast. Global temperature averages have risen by ten degrees, eliminating many species and drying up necessary water resources. When natural ecology changes, human ecology changes; while we might not have an apocalyptic "Day After Tomorrow" scenario, it may be a slow and more painful series of wars, refugees, and failed states brought on by slowing food production. Heather Rogers, author of Green Gone Wrong, and Gwynne Dyer, author of Climate Wars joined us in the studio to discuss the risks and environmental policy needs to postpone the inevitable, bleak consequences of overconsumption. While plenty of people are making personal choices to ride their bikes or be vegetarians, these will barely help without structural policy changes to curb the behavior of the unconverted. Over a year ago, our friends at the Applied Research Center and ColorLines investigated the impact of the recession on communities of color. Their report, "Race and Recession: How Inequity Rigged the Economy and how to Change the Rules" looked at the long-term racial inequalities that left people of color disproportionately vulnerable to the effects of the economic crisis. Now, a year later, Seth Freed Wessler revisits one of the women profiled in the original reporting to talk about how her home foreclosure continues to affect her. Former BART (Bay Area Rapid Transit) police officer Johannes Mehserle, who shot 22-year-old Oscar Grant in the back while he was handcuffed, was convicted of involuntary manslaughter on July 8.

No votes yet

GRITtv: July 7 2010

Barack Obama and Israeli Prime Minister Benjamin Netanyahu discussing their countries' foreign relations resembles two lovers discussing their future together. Though they have squabbled in the past over trivial things (things like settlement expansion that most other countries deem flagrant violations of international law), their July 6th meeting at the White House showed that their "unbreakable bond" cannot be shaken. Norman Finkelstein joins us in the studio to report that one should judge the alleged "peace process" with results, not rhetoric. Obama has certainly given enough lip service to settlement moratoriums, proximity talks, and direct talks, but what are the results? The Obama administration set up a clash with Arizona over the state's immigration bill, SB 1070, this week when it filed suit in federal court claiming that the law is a breach of federal authority. The law goes into effect later this month and would allow law enforcement officials to stop anyone on suspicion of being undocumented.In the wake of SB 1070's passage, states around the country have initiated copycat bills and other legislation aimed at cracking down on immigration. But in addition to the Holder Justice Department's lawsuit, progressive state legislators are fighting back on the state level, and activists are pushing for commonsense immigration bills on both a state and federal level. We are joined by Arizona state legislator Kyrsten Sinema and Suman Raghunathan of the Progressive States Network to discuss the ongoing fight. Finally, inspired by the film Winter Bone, Laura has some thoughts about the military, the economy, and what happens when we bring home thousands of soliders in need of new jobs.

No votes yet

GRITtv: The F Word: Who Fights and Why?

It's too hot for outdoor activities in New York, so off I went to the cinema to see Winter Bone. If you haven't seen this extraordinary, woman-directed film about a family in trouble in the Ozarks of Missouri, I recommend it. Grim it is. Irrelevent it is not.

No votes yet
Syndicate content