GRITtv: The Stimulus: Too Little, Too Late?
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The Dow might be up and the economy might be growing, but where are all the jobs? With a multibilliondollar stimulus package facing criticism from Republicans for growing the deficit and from some on the left for being too small, we wonder just where the money did go. Beyond just creating jobs, our panelists say, any real economic stimulus needs to make sure that the jobs created are good, with good benefits, living wages, and targeted to the people who need them the most. Max Fraad Wolff, professor of economics at The New School, Myles Lennon of the Laborers' Union, Local #10, Bettina Damiani of Good Jobs First and Nathan Newman of the Progressive States Network debate whether the stimulus has stopped the bleeding or whether it's more like a band-aid on a bullet wound.
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