Sundays 5 pm to 6:30 pm eastern time (2 pm to 3:30 pm PT)
Our guest on The Bottom Line Sunday, Mattea Kramer, writes in her latest piece that high-profile claims of fantasy, fear only hold back America's resources from being used to spur economy.
Please join us Sunday at 5 pm ET (2 pm PT) as Jessica English welcomes Mattea Kramer of National Priorities Project as her guest. Mattea's article, Four Spending Myths Holding Up the Economy, has been bouncing all over the Internet, including TomDispatch, CBS News, Mother Jones, Huffington Post, and Salon.
Mattea's research suggests that the US economy is being held back by policy made politically viable, not by facts or evidence, but by the power of media products and think tanks funded by the super-wealthy. As we approach Tuesday's historic Senate hearing about the impact of Super PAC's and "Citizens United," Jessica English will ask Mattea if it's really true that the best thing for our economy is to give our money to those who are already wealthy and stop investing in We the People. And, if not, how did it come to pass that so many people think so?
My favorite (actually least favorite) Myth was #4: The Affordable Care Act -- Obamacare -- will bankrupt the federal government while levying the biggest tax in U.S. history.
Here are the others:
Spending Myth 1: Today's deficits have taken us to a historically unprecedented, economically catastrophic place.
Spending Myth 2: Military and other national security spending have already taken their lumps and future budget-cutting efforts will have to take aim at domestic programs instead.
Spending Myth 3: Government health-insurance programs are more costly than private insurance.