With the economy once again in free-fall - President Obama is desperately trying to pivot the debate in Washington to jobs - where it should have been since the day he was sworn into office. As our economy tanks - more and more American CEOs are doing just that - shipping their operations overseas to economies that - unlike here in America - are actually booming and pay their workers far less. That's exactly what former DNC Chairman Terry McAuliffe is doing - he's opening up a car factory in China.

In an effort to bring greater clarity to future online conversations - three New York interns have created a new font called "Sartalics."

Graeme Zielinksi, Communications Director, The Democratic Party of Wisconsin, joins Thom Hartmann. Judgment day for Wisconsin Governor Scott Walker's agenda is fast approaching. It's the largest recall election this nation has ever seen - Democrats need to win 3 of the 6 races to take control of the state senate and put the brakes on Scott Walker's anti-union agenda for good. But Republicans - and their fat cat campaign donors - aren't going down without a fight. Spending on the recall elections has topped $33 million - breaking a previous record of election spending set in 2008 when $20 million was spent - and that was when every single Assembly person and half of all the state senators were up for election. This time - there are only 9 elections - and most of the money is coming from outside groups like the Koch brother-funded "AmericanS for Prosperity," Karl Rove's group - as well as unknown donors. Thank you Citizens United. Many of the races are neck and neck. So what's going to happen today?

Leo Hindery, InterMedia Partners LP, joins Thom. Last week - Speaker of the House John Boehner bragged that he got 98% of what he wanted in the debt-limit deal that didn't explicitly raise ANY taxes on millionaires, billionaires, and corporations. Since then - the markets have gone into cardiac arrest and our credit rating has been downgraded - mainly because there were no revenue raisers in Boehner's deal. As the S&P report said, "We have changed our assumption...because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act." Maybe Speaker Boehner should be reconsidering his words. So will that do it? Will closing tax loopholes on the rich - and cutting into Medicare - calm the markets - satisfy credit rating agencies - and turn our economy around?