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Economy

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

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  • Splash_image20110919-23685-1et2yd4-0
    Demonstrators are marching on Wall Street today on the third day of a campaign dubbed "Occupy Wall Street," which began on Saturday when thousands gathered in New York City’s Financial District. Inspired by the massive public protests in Cairo’s Tahrir Square and Madrid’s Puerta del Sol Square, hundreds have slept outside near Wall Street for the past two nights. We play a video report on the protest by Democracy Now!'s Sam...
    Sep 19, 2011 | Story
  • Splash_image20110919-5811-18zcjwu-0
    As President Obama prepares to outline a deficit-reduction plan that includes tax increases, as well as cuts to programs such as Medicare and Medicaid, anthropologist David Graeber proposes a radical solution: cancel the debt of the nation’s poor. "Debts between the very wealthy or between governments can always be renegotiated and always have been throughout world history. They’re not anything set in stone," says...
    Sep 19, 2011 | Story
  • Splash_image20110920-13835-w98z2o-0
    On Monday, President Obama proposed a new tax on millionaires as part of his plan to close the deficit and responded to opponents who have labeled his plan "class warfare." Republicans have vowed to defeat the tax, even as one in six Americans live in poverty. We speak with Rev. Jesse Jackson about how Obama’s plan also includes cuts to Medicare and Medicaid. "I would think, before we end up at that conclusion, we must go...
    Sep 20, 2011 | Story
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    An explosive new book that draws a searing portrait of the Obama administration’s failings, and early management of the economic crisis, has been met with sharp objections from officials within and outside of the White House. We speak with veteran journalist Ron Suskind, author of "Confidence Men: Wall Street, Washington, and the Education of a President." He writes that U.S. Treasury Secretary Tim Geithner ignored an order...
    Sep 23, 2011 | Story
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    In part two of our interview with veteran journalist Ron Suskind about his explosive new book, "Confidence Men: Wall Street, Washington, and the Education of a President," he examines the challenges faced by President Obama and his evolution as a leader. [includes rush transcript]
    Sep 23, 2011 | Web Exclusive
  • Splash_image20110926-29802-h5a1kx-0
    It is day 10 of the "Occupy Wall Street" campaign. On Saturday, more than 80 protesters were arrested as hundreds took part in yet another march to Wall Street. Many of them were committing civil disobedience by walking in the street, but some say they were on the sidewalk when officers with the New York City Police Department used nets and physical force to break up the crowd. Videos uploaded to YouTube show officers pepper-spraying...
    Sep 26, 2011 | Story
  • Splash_image20110927-12882-1yufjnx-0
    Today, postal workers and their supporters are holding events across the country to press their demand for repealing the benefit-funding mandate and push back against calls for their workplace to be privatized. For months, Americans have heard dire warnings about the impending collapse of the United States Postal Service due to fiscal insolvency and a drop in the use of mail service. In early September, the U.S. Postmaster General told...
    Sep 27, 2011 | Story
  • Splash_image20110928-7786-1lvf6m8-0
    Oscar-winning filmmaker, bestselling author, and provocateur laureate Michael Moore joins us for the hour. One of the world’s most acclaimed—and notorious—independent filmmakers and rabble-rousers, his documentary films include Roger & Me; Bowling for Columbine, for which he won the Academy Award; Fahrenheit 9/11; SiCKO; and Capitalism: A Love Story. In the first part of our interview, Moore talks about the growing "Occupy Wall...
    Sep 28, 2011 | Story
  • Splash_image20110928-19551-19gibj-0
    For more than two decades, Michael Moore has been one of the most politically active, provocative and successful documentary filmmakers in the business. We talk to Moore about his new memoir, "Here Comes Trouble: Stories from My Life," which comprises 20 biographic vignettes that capture how his political and sociological viewpoints developed. He also discusses the numerous attacks and death threats he received after speaking out...
    Sep 28, 2011 | Story
  • Democracy Now! co-host Juan Gonzalez writes in the NY Daily News that the idea that local post offices, the most visible neighborhood presence of our national government for more than 200 years, face financial default on Sept. 30 is truly astounding. Yet, that’s exactly what will happen unless the politicians in Washington act quickly.
    Sep 28, 2011 | Web Exclusive