| |
|
Thom's blog
IMF Debunks Austerity
Extreme inequality is dragging down our economy. According to a new discussion paper from the International Monetary Fund, countries with a large wealth divide have less economic growth than nations with more evenly distributed incomes. In their paper, the IMF backed Keynesian economist Joseph Stiglitz, and the organization warned that, “inequality can also make growth more volatile, and create the unstable conditions for a sudden slowdown in GDP growth.”
In other words, we can't have long-term, stable economic growth when the system is rigged to benefit those at the top. In fact, the IMF paper flat out dismissed right-wing talking points about so-called “wealth distribution” as self-defeating. The anti-poverty charity organization Oxfam cheered this IMF report, and said, “The IMF has debunked the old myth that redistribution is bad for growth and demolished the case for austerity. That redistribution efforts – essential to fight inequality – are good for growth is a welcome finding. Low tax and low public spending are clearly no the route to prosperity.”
As we've been saying all along, no nation, in the history of the world, has ever cut their way to prosperity. It's time to put an end to Republican austerity measures, and start investing in our nation with stronger social programs, new infrastructure, and good-paying American jobs.
-Thom
(What do you think? Tell us here.) |
|
Tonight on The Big Picture on RT TV at 7pm and 9pm... GOP's fear machine (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Watch the video 'Last Hours' narrated by Thom Hartmann about the "time bomb" that is ticking underground, underwater and under ice… frozen methane that is now escaping and could trigger runaway climate change. www.lasthours.org
Have a question or comment for Thom? Grab your phone, hit record and send your video to YourTakeMyTake@gmail.com and we may air it on "The Big Picture."
In for Thom tonight, please welcome Attorney Mike Papantonio, Ring of Fire Radio 
Need to Know: GOP's fear machine- David Pakman, The David Pakman Show
Screwed: Business & politics really don't mix- Paul Waldman, The American Prospect
Your Take / My Take Live: Call Pap LIVE at (202) 904-2134 TONIGHT 7-8pm ET (check local listings)
The Best of the Rest...
Daily Take: You Might Be Fooled by Republicans...
|
|
|
|
Wednesday's Daily Stack 
In for Thom today, Dr. Mike Newcomb, The Mike Newcomb Show on KPHX 1480AM, Phoenix, AZ
Hour One: Could AZ's anti-gay bill become national law?!- Ian Millhiser, Senior Constitutional Policy Analyst at the Center for American Progress & Think Progress
Hour Two: Does your state have an ag-gag bill?- Paul Shapiro, Humane Society of the United States (HSUS)
|
|
|
Thursday on The Thom Hartmann Program, 3-6pm ET
In for Thom today, Leslie Marshall, host of the nationally syndicated Leslie Marshall Show 
Hour One: Are guns okay in church now?- Neil McCabe, Guns & Patriots column
Hour Two: Has the Tea Party run its course?
Hour Three: Is the USDA playing 'chicken' with our food?
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"...
|
|
|
Friday on The Thom Hartmann Program, 3-6pm ET
We'll have all the latest news and information you won't hear from the corporate media...
Plus, could the USPS save the economy? We'll find out! David Dayen, Salon.com will be here...
And, why did the Senate block Obama's nominee to head the Civil Rights Division?
Plus, it's anything goes Friday 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"
And don't forget...Democracy is NOT a spectator sport...it begins with you...
|
|
|
|
|
|
|
|
|
|
|
|
Thom's Poll
Do business professionals make good politicians?
|
|
|
|
|
|
|
|
| |
|
Watch & Listen to Thom
Watch the Full "Big Picture" Show...
Full Show 3/5/14: The End of Austerity?
Guest host Mike Papantonio is in for Thom Hartmann tonight and discusses Obama's new budget with Campaign for America's Future Richard Eskow, income inequality with Economist Richard Wolff and voting rights with Attorney David Haynes. In tonight's "Daily Take" Thom discusses how the multiplier effect via unemployment insurance is a huge boost to our economy.
The Thom Hartmann Program - March 5, 2014
|
|
|
|
|
|
Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook. |
|
|
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.
|
|
| |
| |
|
Hello All