About this series:
Laura Flanders talks to creative thinkers and change-makers from the worlds of politics, arts and the new economy. The smartest conversations, with the smartest thinkers and doers of our time, distributed in multiple formats on a variety of platforms. Keep abreast of fresh content by following GRITtv, the site Flanders founded, on Twitter @GRITtv.
Wall Street had its best week in months, yet banks are still charging 25-40% interest and consumers have yet to feel relief. As unemployment continu...
Wall Street had its best week in months, yet banks are still charging 25-40% interest and consumers have yet to feel relief. As unemployment continues to creep upwards, is it too late to bail out the middle class? Daniel Gross, Newsweek senior editor and author of Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation, Max Fraad Wolff, economist with The New School, and Heather Boushey, senior economist with the Center for American Progress try to answer these questions. They discuss whether what we're seeing now is a "New Deal for the affluent," or a failure for the entire country, whether or not we'll get a second stimulus package to combat dismal employment numbers, and whether it's too late to see real systemic change in the American economy.
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