As presented at the Kansas City Missouri Central Library on March 12, 2013
See more about the event here.
As presented at the Kansas City Missouri Central Library on March 12, 2013
See more about the event here.
As first heard on Kansas City’s KCUR on March 12, 2013
Steve Kraske of the Kansas City Star interviews Hedrick Smith
[audio:http://kcurstream.umkc.edu/UpToDate/UTD_3-12-2013.mp3]
For more, visit KCUR here.
As first heard on WAMU on March 11, 2013
The Outlook for the US Economy
“Last week the Labor Department delivered the best jobs report in more than four years. The Dow Jones industrial average posted record highs. And corporate profits continued to soar. There’s good news to celebrate. But some economists and analysts say it’s too early to pop the cork on the champagne. Millions of Americans are still unemployed or underemployed. Even though the private sector added 236,000 jobs in February, the public sector dropped 10,000 positions in the same period. Concerns are strong that sequestration cuts will cause the economy – and jobs growth – to slow. Diane and her guests offer differing views on the outlook for jobs and the overall economy.”
This blog post first appeared on BillMoyers.com.
By Hedrick Smith
Before you gulp down your favorite champagne to celebrate Wall Street’s new stock market highs, remember that we are two Americas: The nation’s economic divide is costing us all dearly in terms of lost jobs and growth and is fueling the angry, gridlocked politics in Washington.
As The New York Times reported Monday, corporate profits have been skyrocketing ever since 2008 -– rising an average of 20.1 percent a year for four years in a row. But out on Main Street, average household incomes have risen only 1.4 percent a year. CEOs and big investors have been hogging the profits…
See the entire piece at BillMoyers.com.
As aired on March 5, 2012
“Here to walk us through the steps of how we got here and what it will take to change course is Hedrick Smith. He’s the Pulitzer Prize-winning reporter, Emmy Award-winning producer and a bestselling author. His latest book is “Who Stole the American Dream?” Rick Smith, good to see you.”
Listen to the entire interview and read the transcript here.