recession
Newswire: Dan Heyman of Public News Service 9/15/11
The U.S. economy is still struggling to pull itself out of the 2009 recession, and to help stabilize the country, experts are calling for the government to fuel money back into the economy. However, it's the exact opposite of what politicians in Washington are trying to do. Dan Heyman, a radio reporter with Public News Service, talked to several economists who said austerity cuts could actually lead to a double-dip recession.
Email this pageNewswire: Sarah van Gelder of Yes! Magazine 9/13/11
The grim August jobs report has finally put the subject of unemployment front and center in the political debate. The number of unemployed Americans is at an all-time high, and that's spurred a flurry of jobs plans about how to get the economy back on track and to put Americans back to work. Among those ideas are some truly innovative approaches that Yes Magazine explores in their latest issue, which is all about jobs. Sarah van Gelder, executive editor and founder of Yes Magazine, explains.
GRITtv: Heather McGhee: Deficit Obsession is Depression-Maker
"Saying when the economy is at its weakest we're going to put into law that we can't spend more to pick ourselves up...that's a depression-maker," says Heather McGhee of Demos. But despite warnings from economists from all over, the government in Washington, Democrats and Republicans both, remain obsessed with the deficit. Heather joins Laura in studio to grade Obama, the Congressional Progressive Caucus, and of course the Ryan plan on the budget, the deficit, and the need for more stimulus.
GRITtv: Diana Henriques: Bernie Madoff's Deadly Sins
Bernie Madoff, the infamous Wall Street Ponzi schemer who became one of the villains of the economic crisis, played on his clients' fear, not their greed. So says Diana Henriques, author of the new book Wizard of Lies. Having twice interviewed Madoff in prison, Diana notes that his personal charisma combined with Wall Street's lax regulations to create a perfect storm that wiped out his clients' wealth. Diana joins Laura in studio for a conversation about Madoff, Wall Street, and the ways ordinary people get ripped off by complex financial schemes.
GRITtv: The F Word: No Solutions at State of the Union
Obama will deliver his take on the State of the Union tonight and while Congress has bickered about bipartisan seating, it doesn't matter where anyone sits because the profiteers who define what’s possible in our politics have already barred any serious solution to what ails us. Distributed by Tubemogul.
GRITtv: The F Word: The Violence of the Broken Economy
A lot of people have talked this week about violent political rhetoric bringing the U.S. to a fever pitch, but there's something else keeping people on edge too: that's economic catastrophe. As reporters spread out to talk to accused shooter Jared Loughner's friends and neighbors, a picture has begun to emerge of a reality that rarely makes the front page. Distributed by Tubemogul.
GRITtv: Dean Baker: Political Impasse Prolongs Grim Forecast For Job Creation
What's the future for America's workers if Republicans succeed in taking over the Congress.
GRITtv: Oct. 13 2010
If Republicans succeed in taking over the Congress, many suggest cutting or eliminating minimum wage, slashing employee benefits, staving off union organizing. So what's a nation to do in the current political climate? We check in with GRITtv Economics correspondent, Dean Baker. Then, Reverend Billy, Savitri D and the Church of Life After Shopping Choir are continuing to spread their gospel across the country. Their Earth-a-lujah! Tour is heading to California but first Rev. Billy and Savitri D stop by GRITtv to talk about the recently rescued Chilean miners, as well as their recent work, including protesting mountain-top removal and facing down against bigotry and discrimination by government officials. Rethink Afghanistan has been a stalwart force in raising awareness of and opposing the US war in Afghanistan which just entered its tenth year. We'll check in with them. And finally, the recent spate of hate crimes and bullying against LGBT youth has finally got the media talking but what can you do? Laura's F Word suggests you check out a project by Dan Savage entitles 'It Gets Better.'
GRITtv: Dean Baker: Who Deserves Sympathy?
"Poverty is a one-day event, we get a report released and we're going to talk about poverty, but every day we hear what the stock market does," says Dean Baker, GRITtv economics correspondent. The problem with that kind of coverage, Baker notes, is that "many more people will experience poverty than will strike it rich in the stock market." Millions of Americans experience poverty not as a one-day affair, but as a constant, grinding force in their lives. Baker joins us via Skype to talk about Elizabeth Warren's sort-of-appointment, the whinging of the rich over tax increases, and Bill Clinton's comments about the recession's end, among other things.
GRITtv: The F Word: Fighting Class War Fighting Bob Style
Obama spoke to a labor crowd in Milwaukee, Wisconsin on Monday calling for new energy investment and new infrastructure. The word most people want to hear from him, of course, is jobs. Where are they going to be and when are they coming back? Wisconsin's a place where that discussion's getting very twisted. Once a solid progressive state, home of “Fighting Bob” La Follette, now it's “purple”-- and solid progressive Senators like Russ Feingold, the sole Senate vote against the PATRIOT Act, are feeling the lash this election cycle because of misplaced anger from the Tea Partiers and Republicans decrying “big government” while enjoying cash from big business.
