Video: Supercommittee, Super Trouble

Video: Supercommittee, Super Trouble

The supercommittee’s cuts will sink the economy even further. Here’s what it should do instead.

Facebook
Twitter
Email
Flipboard
Pocket

The Congressional supercommittee was created in August to reduce budget deficit by $1.2 trillion by November 23. But what does this budget reduction mean? In Washington’s current political climate, It means cutting Social Security, healthcare, education, infrastructure and other public programs that are important to the recovery of the economy for the majority of Americans, of whom 14 million are unemployed.

In this video produced by MoveOn.org, Robert Reich explains how the supercommittee’s budget cuts will depress the economy even further. But there is another way: Reich proposes four ways the supercommittee could cut the budget and help all Americans. Find out what they are and act.

This video is the second in this new series. Click here to watch the first episode and check back at TheNation.com each Wednesday for new episodes from Reich and MoveOn.org.

Jin Zhao

Thank you for reading The Nation!

We hope you enjoyed the story you just read. It’s just one of many examples of incisive, deeply-reported journalism we publish—journalism that shifts the needle on important issues, uncovers malfeasance and corruption, and uplifts voices and perspectives that often go unheard in mainstream media. For nearly 160 years, The Nation has spoken truth to power and shone a light on issues that would otherwise be swept under the rug.

In a critical election year as well as a time of media austerity, independent journalism needs your continued support. The best way to do this is with a recurring donation. This month, we are asking readers like you who value truth and democracy to step up and support The Nation with a monthly contribution. We call these monthly donors Sustainers, a small but mighty group of supporters who ensure our team of writers, editors, and fact-checkers have the resources they need to report on breaking news, investigative feature stories that often take weeks or months to report, and much more.

There’s a lot to talk about in the coming months, from the presidential election and Supreme Court battles to the fight for bodily autonomy. We’ll cover all these issues and more, but this is only made possible with support from sustaining donors. Donate today—any amount you can spare each month is appreciated, even just the price of a cup of coffee.

The Nation does not bow to the interests of a corporate owner or advertisers—we answer only to readers like you who make our work possible. Set up a recurring donation today and ensure we can continue to hold the powerful accountable.

Thank you for your generosity.

Ad Policy
x