PLEDGE NOW
The Liberal Take On The Fiscal Cliff

Liberals on the fiscal cliff. The White House is negotiating tough. We’ll hear the liberal view of the cliff and its meaning.

Cliff Diving in Portugal. (AP)

Cliff Diving in Portugal. (AP)

Washington’s in a lather about the fiscal cliff. So is Wall Street. So, if markets tell the story, may be the world.

The President’s put out his solution. Yesterday, the Republicans put their bid on the table.

But there is a view out there that says the whole cliff is a hustle. A liberal view that says it’s an artificial crisis, built to stampede Americans into surrendering entitlements that don’t need surrendering. Paul Krugman argues, go over the cliff. He’s with us today. More, too. But what about the deficit?

This hour, On Point: liberals on the fiscal cliff.

-Tom Ashbrook

Guests

Lisa Mascaro, covers Congress for the Los Angeles Times.

Stephanie Kelton, founder and editor-in-chief, New Economic Perspectives.

Paul Krugman, columnist for the New York Times. Professor of economics and international affairs at Princeton University.

Stan Collender, national director of financial communications at Quorvis.

From Tom’s Reading List

Business Insider “Kelton says a “Grand Bargain” really just means “austerity,” and she says there is an alternative to the “Grand Bargain” that would put people back to work, upgrade U.S. infrastructure, and put the American economy on a better trajectory in the long term.”

The New York Times “And one thing to think about: if the next two years are, as they seem likely to be, one long Republican tantrum, the 2014 election is not going to be a normal midterm. It will instead be a referendum on GOP obstructionism, which may attract a lot more attention — and much higher turnout — than normal.”

 

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Sep 4, 2015
A paramilitary police officer carries the lifeless body of a migrant child after a number of migrants died and a smaller number were reported missing after boats carrying them to the Greek island of Kos capsized, near the Turkish resort of Bodrum early Wednesday, Sept. 2, 2015. (DHA/AP)

Migrant crisis in Europe. The Iran deal, cleared. A Kentucky clerk and gay marriage. Our weekly news roundtable goes behind the headlines.

Sep 4, 2015
Serena Williams reacts after winning a point against Kiki Bertens, of the Netherlands, during the second round of the U.S. Open tennis tournament, Wednesday, Sept. 2, 2015. (Charles Krupa/AP)

Serena Williams. The undisputed queen of tennis, and what she’s meant in sports and beyond.

RECENT
SHOWS
Sep 3, 2015
Journalists protest the murder of photojournalist Ruben Espinosa Becerril in Mexico City, on Aug. 2, 2015. (Marco Ugarte/AP)

Three Vice News journalists arrested in Turkey. A wave of journalists in prison. In graves. We’ll look at journalists worldwide under pressure.

 
Sep 3, 2015
A television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, on July 29, 2015. The Federal Reserve may raise interest rates soon. (Richard Drew/AP)

Should the Fed finally raise interest rates? In spite of the stock market roller coaster? We’ll dig into the Fed weighing the end of free money.

On Point Blog
On Point Blog
Martin O’Malley On ‘Rigged’ Democratic Debates
Wednesday, Sep 2, 2015

Former Baltimore mayor and Democratic Maryland governor Martin O’Malley has single digits in the polls in Iowa but is out there swinging. He joined host Tom Ashbrook on Wednesday.

More »
3 Comments
 
Our Week In The Web: August 28, 2015
Friday, Aug 28, 2015

You say #hashtag, we say, #forwhat? That, plus Usain Bolt and the ominous lurking Segway cameraman. Friday!

More »
Comment
 
Our Week In The Web: August 21, 2015
Friday, Aug 21, 2015

Do you even click? (And other reflections on link sharing and web commenting).

More »
6 Comments