| |
|
Thom's blog
We're going the wrong way!
For the first time since 2009, the U.S. economy shrank last quarter. New numbers out of the Commerce Department, show that the economy shrank in the fourth quarter of 2012 by point-1 percent. That’s a complete reversal from the robust 3.1% growth rate, which we saw in the third quarter of 2012.
What’s behind the sudden drop? Conservative austerity spending cuts. Federal spending was down 15% in the fourth quarter, after rising 9.5% in the third quarter. And as we’re seeing in the UK, which is on the verge of entering a triple-dip recession – Greece, which is on the verge of total collapse – and Spain, which has the highest unemployment rate in Europe – austerity kills economies.
But thanks to Republican hostage-taking, and demands for more and more spending cuts – the United States is about to enter this same austerity death spiral in 2013. Already – the US is scheduled to enact austerity measures totaling 2.1% of GDP – which is more austerity than the U.K., France, and Spain have enacted thus far. And with even bigger spending cuts looming in a few months, it’s only going to get worse.
We need pro-growth policies, that put money back in the hands of working people. Spending cuts don’t do that. And no nation, in the history of the world, has ever cut its way to prosperity.
-Thom
(What do you think? Tell us here.) |
|
|
|
Tonight on The Big Picture on RT TV at 7pm and 9pm... Should government step in when Capitalism fails? (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Lone Liberal Rumble:- Horace Cooper, Conservative commentator / National Center for Public Policy Research  - (former) Congressman Ernest Istook, Heritage Foundation
The Best of the Rest...
Should government step in when Capitalism fails?- Neal Asbury, host-“Truth for America”
Daily Take: The Question No One is Asking about Keystone XL
|
|
|
|
|
|
|
|
Tuesday's Daily Stack 
Hour Two: Immigration reform...President unveils his plan- Jeff Biggers, Journalist & Author- State Out of the Union: Arizona and the Final Showdown Over the American Dream
Immigration, guns and Congress...oh my!- Congresswoman Kyrsten Sinema, U.S. Congresswoman (D-AZ, 9th district)
Hour Three: Dr. Mike takes your calls...
|
|
|
Wednesday on The Thom Hartmann Program, 3-6pm ET
Hour One: We have a showdown on guns today in Congress
Hour Two: Conservatives say, "after guns, your savings is next"- Lowell Ponte, Futurist w/Swiss America Trading Co. & co-author (w/Craig Smith) "The Great Debasement".
Hour Three: What did slave patrols have to do with the 2nd Amendment?- Dr. Junius P. Rodriguez, Professor of History-Eureka College, Eureka, IL
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...
|
|
|
Thursday on The Thom Hartmann Program, 3-6pm ET
I'll be talking with the Chairman of the Senate Health Committee, Senator Tom Harkin (D-IA) about the state of healthcare in America...live from radio row at the Families USA Health Action 2013...
Plus, who's afraid of a little socialism?! Conservatives, that's who! Find out why when I challenge Dan Weber of the Association of Mature American Citizens (AMAC)
And, the best of the rest of the news along with your calls right here on...
The Thom Hartmann Program, Occupying The Media 3 hours a day 5 days a week" for "we the people"...Democracy is NOT a spectator sport...it begins with you...
|
|
|
|
|
|
|
Show Info
Call Thom on the show at 1-866-987-THOM (8466) (0870 974 9686 from the UK, +1 503 796 2324 from outside the US or UK).
Sign up for Thom's podcasts.
Come on over to the free chat room, where Thom hangs out during the show.
Join in the discussions on Thom's free message board.
Blog or upload videos or audios at Thom's community.
|
|
|
|
|
|
Thom's Poll
Will Republicans blame the shrinking economy on Obama?
|
|
|
|
|
|
|
Watch & Listen to Thom
Watch the Full "Big Picture" Show...
Full Show 1/29/13: Close Guantanamo Bay!
Sam Sacks fills in for Thom Hartmann and discusses the following with tonight's "Big Picture Politics Panel:" whether Guantanamo Bay will ever close, the latest immigration reform proposal and the failure by the TARP Inspector General in regards to executive pay at bailed out banks. Sacks debates former NY Lieutenant Governor Betsy McCaughey on Obamacare and in tonight's "Daily Take" Thom discusses what the 2nd Amendment really means.
Thom Hartmann on the News: January 29, 2013
|
|
| |
|
|
|
|
| |
| |
| |
|
|
|
