- Making News: The State of Working America
Most of America thinks of itself as middle class, but one of the themes of the Democratic presidential campaign is the disappearance of the middle class. In the midst of economic recovery, is America becoming a land of haves and have-nots? Each year on Labor Day, the Economic Policy Institute puts out a report on the state of working America. Sylvia Allegretto is the author of this year's report.
- Reporter's Notebook: Presidential Election Forecasting and the Economy When it comes to presidential elections, most companies give to both sides, but despite conventional wisdom, business is divided about this year's presidential campaign. Wal-Mart, Fox, Verizon and Yahoo are backing Bush, while Costco, CBS, AT&T; and Google put their money on Kerry. While presidents may or not have the power to affect the economy, the economy can be a useful tool for predicting presidential elections. Warren Olney speaks with finance reporter Kate Berry and economist Ray Fair, who uses growth and inflation data to make his forecasts. (This segment was originally broadcast August 25 on Which Way, LA?.)
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Trump’s war on the FBI Donald Trump claims rogue FBI agents are part of a Deep State he accuses of “spying” on his presidential campaign. A former agent tells Warren the “the FBI doesn’t spy… it catches spies.” Shades of Watergate? Richard Nixon’s former White House lawyer, John Dean, says, “no way.”
Touching down in fly-over country Dodge City, Kansas and Erie, Pennsylvania may have something in common. That’s just one surprise in “Our Towns,” a new book by James and Deborah Fallows. The veteran Atlantic magazine correspondent and his scholarly wife spent two weeks in each of 25 different cities. Their search for America’s character provides anecdotes, comparisons and distinctions after a journey of 100,000 miles.
Teachers are battling back Teachers are mad as hell in several red states. They’re walking out over cuts in pay and reductions in classroom support. It’s a grass-roots rebellion from West Virginia to Kentucky and Arizona. Will it renew support for the value of public education in a changing economy?
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