Changing The Jobs Debate with Dean Baker & John Nichols

The Nation's John Nichols , author of "Tragedy & Farce: How the American Media Sell Wars, Spin Elections, and Destroy Democracy" calls the unemployment crisis a "social, economic and political threat," writing of the growing sense of urgency within an administration facing a purported recovery that hasn't extended to everyday people. Around the country, decaying manufacturing towns and communities are suffering in ways that are hidden by the statistics, and a rising GDP doesn't do much for Main Street. Economist Dean Baker of the Center for Economic and Policy Research and author of "Plunder and Blunder: The Rise and Fall of the Bubble Economy" wrote:...>>>>> {or at Blip TV}

In all this time of collapsing, and bailing out those who caused it as well as their economics of the expanded reaganomic ideology, there has been Extremely Little to None private capital being reinvested to grow the economy! We were sold the idea that that's exactly what we would get, constant flow of investment from the top trickling down to bring economic stability. It was the Extreme Con some stated it would be, and we're still collapsing only slower!!