Is Corporate Wealth Costing American Jobs?
To the Point
KCRW
4.4 • 583 Ratings
🗓️ 7 March 2013
⏱️ 52 minutes
🧾️ Download transcript
Summary
The gap between the rich and poor is growing so fast that both Republicans and Democrats see a long-term threat to the economy. Is Big Government part of the problem?
Transcript
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| 0:00.0 | From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point. |
| 0:07.9 | Is economic recovery increasing economic inequality? |
| 0:15.7 | Hello again, I'm Arminolny, and this is To the Poet from Public Radio International. |
| 0:19.8 | A daily look at the issues Americans care about most. The Dow Jones Industrial Average is setting records, and it's a golden |
| 0:25.2 | age for corporate profits, but workers are getting less of a cut than ever. Eighty-five billion dollars |
| 0:30.9 | in federal sequestration could increase unemployment by 700,000 jobs without making a dent in the markets |
| 0:37.1 | or corporate earnings. |
| 0:38.7 | Both liberal and conservative economists are worried because the gap between the rich and the poor is growing so fast. |
| 0:44.7 | How much is the Obama administration to blame? |
| 0:47.3 | Is there a potential fix that might appeal to partisans on both sides? |
| 0:51.3 | On the Porter's notebook later on, researchers put a price tag on gun violence. |
| 0:56.4 | First, here's the news. |
| 1:01.6 | Listen to KCRW's 24-hour all-news channel. |
| 1:05.5 | Stream BBC World Service, NPR and KCRW programs. |
| 1:10.1 | Continuous coverage and accessible via our smartphone app or online at |
| 1:14.5 | KCRW.com. Support for To the Point comes from the members of KCRW and from the Public Radio |
| 1:25.2 | International Program Fund. Hello again, Warren,ney, back with To the Poet. |
| 1:28.8 | The gap between the rich and the poor is growing so fast, both Republicans and Democrats, see a long-term threat to the economy. |
| 1:34.9 | Are the policies a big government part of the problem? |
| 1:37.5 | Is the Obama administration making things worse? |
| 1:40.2 | On reporter's notebook, the cost of gun violence is approaching $12 billion a year, and it soon could be more than the cost of accidents in automobiles. |
| 1:48.6 | A U.S. Senate committee is paying attention. |
... |
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