Moyers & Company; Paul Krugman on Why Jobs Come First
Description:
Bill Moyers is joined by the Nobel Prize-winning economist and NEW YORK TIMES columnist Paul Krugman who says that our current obsession with slashing the deficit is getting in the way of real work that needs to be done to preserve both our economy and our democracy. Krugman offers specific solutions to not only end what he calls a “vast, unnecessary catastrophe,” but to do it more quickly than some imagine possible. His latest book, END THIS DEPRESSION NOW!, is both a warning of the fiscal perils ahead and a prescription to safely avoid them. And a Bill Moyers essay on last week’s fiscal cliff deal which gave tens of billions in tax breaks to Wall Street and corporations in what even THE WALL STREET JOURNAL calls a “crony capitalist blowout.” MOYERS & COMPANY is a weekly series aimed at helping viewers make sense of our tumultuous times through the insight of America's strongest thinkers. The program also features Moyers hallmark essays on democracy.