Economy Topics

Democracy Now! stories, posts and pages that relate to Economy

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Facing Poor Unemployment, Foreclosure & Bankruptcy Rates, Obama Campaigns on Economy in Lead-Up to Nov. Midterms

It’s the economy, stupid. As President Obama faces devastating unemployment, foreclosure and bankruptcy rates, with no end in sight, he’s begun a ten-week campaign around the country leading up the November midterm elections. We speak with John Nichols, the Washington correspondent for The Nation magazine, who says Obama should borrow a page from FDR and call for economic justice. [includes rush transcript]
Sep 07, 2010 | Story
Robert Scheer on _The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street_

We speak with veteran journalist and Truthdig editor, Robert Scheer, about his latest book, The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street. [includes rush transcript]
Sep 07, 2010 | Story
Elizabeth Warren Says Consumer Financial Protection Bureau, That She Might Head, Is Obama's "Strongest Financial Reform"

As a battle rages behind the scenes over who will head the newly created Consumer Financial Protection Bureau, we play a speech by bailout watchdog Elizabeth Warren, who has emerged as a frontrunner for the position. [includes rush transcript]
Sep 07, 2010 | Story
Obama Fights to End Bush Tax Cuts for the Wealthy, GOP Pushes Back

There’s a battle looming in Washington over the future of tax cuts for the wealthy. The cuts enacted by President Bush are set to expire at the end of the year. Republicans, led by House Minority Leader John Boehner, have called for extending the $700 billion in tax breaks for the rich. But President Obama strongly criticized the GOP and emphasized his opposition to extending the tax cuts. We speak with Pulitzer Prize-winning investigative...
Sep 09, 2010 | Story
Arianna Huffington on _Third World America: How Our Politicians Are Abandoning the Middle Class and Betraying the American Dream_

One out of every six Americans are in government anti-poverty programs. More than 50 million Americans are on Medicaid, 40 million receive food stamps, and ten million receive unemployment benefits. The prospects for a speedy recovery from the Great Recession appear dim. We speak with Arianna Huffington, co-founder and editor-in-chief of the Huffington Post, about her latest book Third World America. [includes rush transcript]
Sep 10, 2010 | Story
"A Departure to Be Welcomed": Robert Scheer on Resignation of White House Economic Adviser and Deregulation Proponent Lawrence Summers

The makeup of President Obama’s economic team is being shaken up some more as Lawrence Summers has announced he is resigning as director of the National Economic Council later this year to return to Harvard University. According to Bloomberg News, the White House is considering naming a "prominent corporate executive" to replace Summers in order to counter Wall Street criticism that the administration is "anti-business."...
Sep 22, 2010 | Story
Chilean Economist Manfred Max-Neef: US Is Becoming an "Underdeveloping Nation"

While President Obama is reporting looking into tapping a former corporate executive to become his next top economic adviser, many economists question the path the United States is on. We speak to the acclaimed Chilean economist Manfred Max-Neef. He won the Right Livelihood Award in 1983, two years after the publication of his book Outside Looking In: Experiences in Barefoot Economics. [includes rush transcript]
Sep 22, 2010 | Story
Paul Mason on _Live Working or Die Fighting: How the Working Class Went Global_

The Census Bureau’s latest report shows that the numbers of Americans living in poverty and without health insurance have skyrocketed. 43.6 million people — about one in seven — lived below the poverty level of $22,000 for a family of four in 2009, pushing the national poverty rate to a fifteen-year high of 14.3 percent. We speak with British journalist Paul Mason about his new book, Live Working or Die Fighting: How the Working...
Sep 24, 2010 | Story
Nobel Laureate Joseph Stiglitz: Foreclosure Moratorium, Government Stimulus Needed to Revive US Economy

As the Obama administration rejects a foreclosure moratorium and austerity protests grip Europe, we assess the state of the US and global economy with Nobel Prize-winning economist Joseph Stiglitz, author of Freefall: America, Free Markets, and the Sinking of the World Economy. Stiglitz backs calls for a foreclosure moratorium and says opponents of a new government stimulus "don’t understand basic economics." On war, Stiglitz says...
Oct 20, 2010 | Story
"When Banks Are the Robbers." By Amy Goodman

The big banks that caused the collapse of the global finance market, and received tens of billions of dollars in taxpayer-funded bailouts, have likely been engaging in wholesale fraud against homeowners and the courts.
Oct 20, 2010 | Columns & Articles