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GRITtv: Dean Baker: Political Impasse Prolongs Grim Forecast For Job Creation

Summary:
What’s the future for America’s workers? If Republicans succeed in taking over the Congress, many suggest cutting or eliminating minimum wage, slashing employee benefits, staving off union organizing. A recent New York Times headline reports “Across the U.S., Long Recovery Looks Like Recession” and the job figures this month reported losses in public sector jobs ...

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What’s the future for America’s workers? If Republicans succeed in taking over the Congress, many suggest cutting or eliminating minimum wage, slashing employee benefits, staving off union organizing. A recent New York Times headline reports “Across the U.S., Long Recovery Looks Like Recession” and the job figures this month reported losses in public sector jobs and meager increase in private sector employment. So what’s a nation to do in the current political climate? We check in with GRITtv Economics correspondent, Dean Baker, co-director of the Center for Economic Policy & Research and author of False Profits: Recovering from the Bubble Economy.


Dean Baker
Dean Baker is a macroeconomist and codirector of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He is a regular Truthout columnist and a member of Truthout's Board of Advisers.

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