Diagnosing America's Ailing Economy

By Democracy Now

May 8, 2009

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The Nation's National Affairs correspondent William Greider spoke with Democracy Now! hosts Amy Goodman and Juan Gonzalez on May 5th. The veteran journalist discussed the dangers of our military-driven spending, the rule of the "governing elites," the causes behind the economic crisis and the redeeming value in bank "stress tests." The tests, he says in the interview, "will lead to a fundamental initiative because it leads to, eventually, a general reform of the corporate income tax and that can have deep impact on trade." Greider is the author of Come Home, America: The Rise and Fall (and Redeeming Promise) of Our Country.

--Madeleine Kuhns

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