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Dennis Kucinich on Fiscal Cliff: Why Are We Sacrificing American Jobs for Corporate Profits?

Dennis Kucinich on Fiscal Cliff: Why Are We Sacrificing American Jobs for Corporate Profits?

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Dennis Kucinich on Fiscal Cliff: Why Are We Sacrificing American Jobs for Corporate Profits?

DemocracyNow.org - As President Obama meets with congressional leaders at the White House in a last-ditch effort to reach a budget deal, we speak to outgoing Democratic Rep. Dennis Kucinich about the so-called fiscal cliff. If an agreement is not reached in time, $600 billion in automatic spending cuts and tax increases will go into effect on January 1. But the tax increases would not necessarily be permanent -- the new Congress could pass legislation to cancel them retroactively after it begins its work next year. "We've been going in the wrong direction," Kucinich says. "Why haven't we been talking about stimulating the economy through the creation of jobs? We seem to accept a certain amount of unemployment as being necessary for the proper functioning of the economy, so that for corp...

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    Dec 28, 2012 · DemocracyNow.org - As President Obama meets with congressional leaders at the White House in a last-ditch effort to reach a budget deal, we speak to ...

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    Dec 28, 2012 · ... we speak to outgoing Democratic Rep. Dennis Kucinich about the so-called fiscal cliff. If an agreement is not reached in time, ...

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