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In the Crossfire: Growing the middle class
Tonight on Crossfire: Fighting for the middle class and helping those who have lost their jobs. Why is it taking so long? What are Democrats and Republicans planning to get the economy on track?
At 6:30pm ET, Sens. Ben Cardin (D-MD) and John Barrasso (R-WY) join Van Jones and guest host Kevin Madden in the Crossfire to debate today's standstill economy.
We want you to weigh in: Do you think the economy will grow stronger in 2014?
Vote by tweeting Yes or No using #Crossfire or comment on our Facebook post. View results below or through our Poptip results page.
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Posted by CNN's Christina Manduley Filed under: Ben Cardin • economy • Fireback • In the Crossfire • Income gap • John Barrasso • Kevin Madden • Middle Class • Minimum wage • Van Jones |
Meet the Hosts
Author, documentary filmmaker, historian, Speaker of the House (1995-1999), and 2012 Republican presidential candidate
Fmr. Obama Deputy Campaign Mgr. and W.H. Sr. Adviser, founder of Precision Strategies, fmr. Sr. Adviser to Maj. Leader Reid and Sen. Kennedy
Conservative columnist for New York Daily News, contributing editor at Townhall Magazine, commentator and author
Former Special Adviser for Green Jobs under President Obama, co-founder of Rebuild the Dream, author and attorney
The GOP Solution: Turn all the Old, Sick, Poor, Non-white, Non-christian, Female, and Gay people into slaves. Then whip them until they are Young, Healthy, Rich, White, Christian, Male, and Straight. Or until they are dead. Then turn them into Soylent Green to feed the military during the next "unfunded/off-the-books" war. And don't forget the GOP all time favorites...........TAX CUTS FOR THE RICH!!!!
Bottom line Obammys in charge and aint getting it done, period!!!
Two words Glass-Steagall caused our collapsed economy, killed our jobs, created global chaos, and caused Wall Street to unleash greed gone wild as they could now risk EVERYTHING on Wall Street including the bedrock of our financial system our savings accounts!!! It was 1999 when Congress repealed Glass-Steagall that Wall Street went haywire with traders so greedy they forgot any good sense they had in favor of greed which collapsed our economy, tied with reducing reserve requirements and bank mergers it was leveling to our nation. We must reinstate Glass-Steagall and all the regulations the Bush Babies overturned and return America to 1999 before Wall Street greed thrived and our nation died!!!Forget the Obama attacks for he knows not what he does we went from Mission Accomplished to Mission Impossible not to give that wimp Cruise any credit!!!
Glass Steagall was repealed under Bill Clinton. it permitted banks and investment banks to get into each other's business after 60 years of separation. There was no institution that failed because of mixing these activities. Lehman Bros and Bear Stearns weren't engaged in banking. The big banks took risks, yes, by making foolish loans and borrowing too much themselves. But they didn't fail by acting as investment bankers or using depositors funds for investment banking. You're just wrong and uninformed.
An explanation of how to escape poverty, for those interested. Any feedback would be very much appreciated. Good luck.
https://www.youtube.com/watch?v=nVat9VBsSCg&feature=c4-overview&list=UUh3B6Znt_L6Ck3SbqVDc6eA
When the unemployment checks keep rolling in, who's going to go out and take a job! Look at how many times they have been extended. Give people 26 weeks and that's all they get, then they will for take a job for sure.
There is no middle class anymore. If you look at everyone who's paying for everything at 100% in the middle class with no assistance which is: Gasoline to go to work, car insurance, house insurance, health care insurance, food, clothing, childcare, mortgage or rent payments, utilities ect.. These are just the start of the basics costs of living.
We are all broke & struggle just like a person who's living in poverty. Then we have to figure out how to maintain our cars, maintain our homes, and educate our children @ living pay check to paycheck.
The economy is going to grow in 2014 but there's not going to be enough jobs that pay well enough.
The economy is going to grow in 2014 but there's not going to be enough jobs that pay well enough.
Give people 26 weeks and that's all they get, then they will for take a job for sure.
Anyone else see an inconsistency here? If there are no good jobs what should these people do?
Sticker shock over health care costs? Senator Barasso hasn't a clue. Try medical bankruptcy. His Republican-approved free market approach to health care forced too many folks into financial ruin. It wasn't worth the powder to blow it up. Turns out the Affordable Care Act isn't going away because people are finding Obamacare to be a bargain compared to those high-priced employer-based plans. Where were you on that one, Senator? If you try taking away our Obamacare, you may not make it to the fence. The middle class Bull in the next election may trample you.
Should we be helping out the unemployed forever? Don't you know that when North Carolina cut back on unemployment assistance the employment rate increased significantly?. As far as the banks are concerned, I wouldn't have supported their bail out, but at least they've repaid the loans with interest, unlike GM.
When NAFTA came about it was the writing on the wall for me, I realized I was going to be competing for a job at a World level, because our Economy was switching from a Domestic Economy to a World Economy. The people having problems finding jobs are the ones still waiting for that factory to open in their small town. I had to go back to school at 30 years old and chose Computers and became a senior systems administrator. I can do that job anywhere in the world, get a job 24/7 the need is endless. What America Needs is Job training for future Jobs that compete on a Global level. If your Lazy, you are going to be poor.
I think the Republicans need to focus on the real problem here instead of blaming Obama for the economy. They don't like Obama so everything he wants to do is put on hold. I am one of the Americans that got their unemployment cut off and I do not think what they are doing is right. I have worked 37 years of my life and did not have to use unemployment all these years but my last employer got away with letting me go for unjust reasons. I am 59 years old and I was considered making too much money. I worked for this company for 17 years and was a very good employee and I did my job very well and did not miss work. They are capable in hiring a new regional manager too rid them of these long term employees so they don't have to pay good wages or any type of retirement. At 59 years old you can't find a decent job to live on. And now you can't even get unemployment either. I have paid into unemployment insurance for all these years and I can not even draw unemployment for a year. No only the unemployment needs immediate action but someone needs to address these companies in the United States that when a good employee is let go because they got too much senority or decent pay they are let go. And you wonder why people don't have jobs or can find them . I know a few people that this has happened to. Then they say over the weekend that all government jobs such as senators and congress, and house members are millionaires. But us middle class people can't even get a $200.00 unemployment check. I can't believe these Republicans and yes I believe it is going to hurt them. Stop the bickering ad fix the problems.
Repeal dodd frank, lower corp tax to 20%, belief in milton freedman and hayek. Socialism is a philsophy of failure.
Doc BareAsso is an idiot.
Case in point was his non-answer to why only 17% of polled individuals think Rethuglicans are compassionate.
You people and that is taking it lightly, are supposed to solve these problems and all you do from both parties do like this show is talk talk talk you don't even care for the American people. Just your paychecks and have your face plastered over this show blaming each other and this president and others before them. More or less your youless for a show like all the shows cnn and fox. straight out bull shit!
Next time in English?
We can bail out banks that sell derivatives that we know were leveraged beyond control for trillions but can't help 1.3 million people on unemployment.