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DRIVEN TOWARD DEBT

From: Voices of Our World
Length: 00:27:58

From the top down, from the federal level to the individual, American indebtedness is being supersized. We look at these issues with Michael Hudson of Southern Exposure magazine and with William Quigley, author of Ending Poverty, As We Know It, plus our annual U.N. report on the Human Development Index.. Read the full description.

Debt_small Voices of Our World Program 0601 Air date: Week of January 1, 2006 Part One: DEEPER IN DEBT: The $400.00 child credits doled out to lower income families do not even begin to offset state fee hikes and serious cuts. A minimum wage earning mom, worried about how she'll afford a doctor's visit for her child, has greater concerns than stimulating the economy. Our nation is in debt to the tune of $6,793,571,980,569.91 and most US citizens are carrying considerable personal debt. Some banks are getting rich by taking advantage of our addiction to credit. Elinoar Astrinsky talks with Michael Hudson, the author of Merchants of Misery. OPTIONAL CUTAWAY CUE: "That's 1-8-8-8 M-A-R-Y-K-N-O-L-L" at 14:00. Part Two: THERE OUGHT TO BE A LAW!: More than 9 million Americans recently lost their jobs. Since the year 2000, 3.2 million private sector jobs and 2.5 million manufacturing jobs have been lost to other countries. Our trade policies have made it more profitable for US firms to move plants and jobs outside our borders. Minimum wage earners who haven't lost their jobs, have not seen a pay increase since 1997. Is it time to make the right to a job, at a "living wage" an amendment to the Constitution? Kathy Golden speaks with Loyola University Law Professor, William Quigley.

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Piece Description

Voices of Our World Program 0601 Air date: Week of January 1, 2006 Part One: DEEPER IN DEBT: The $400.00 child credits doled out to lower income families do not even begin to offset state fee hikes and serious cuts. A minimum wage earning mom, worried about how she'll afford a doctor's visit for her child, has greater concerns than stimulating the economy. Our nation is in debt to the tune of $6,793,571,980,569.91 and most US citizens are carrying considerable personal debt. Some banks are getting rich by taking advantage of our addiction to credit. Elinoar Astrinsky talks with Michael Hudson, the author of Merchants of Misery. OPTIONAL CUTAWAY CUE: "That's 1-8-8-8 M-A-R-Y-K-N-O-L-L" at 14:00. Part Two: THERE OUGHT TO BE A LAW!: More than 9 million Americans recently lost their jobs. Since the year 2000, 3.2 million private sector jobs and 2.5 million manufacturing jobs have been lost to other countries. Our trade policies have made it more profitable for US firms to move plants and jobs outside our borders. Minimum wage earners who haven't lost their jobs, have not seen a pay increase since 1997. Is it time to make the right to a job, at a "living wage" an amendment to the Constitution? Kathy Golden speaks with Loyola University Law Professor, William Quigley.

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Review of DRIVEN TOWARD DEBT

The world from the perspective of the poor and have nots. I love this show, will listen to others and if they are all of this caliber I will start bugging the local program director for AM! In the mean time I'm going to email the link from the website to everybody I know whom I think will feel this piece....