Moyers & Company

Season 1 Episode 5

Moyers & Company: Economic Malpractice and the Millennials

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Aired Unknown Feb 10, 2012 on
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Moyers & Company: Economic Malpractice and the Millennials
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There are 80-plus million Americans today who were born roughly between l978 and 2000, and they're getting hit hard by economic circumstances created over the past 30 years by The One Percent. The Millennials are the first generation of Americans who cannot count on doing better than their parents. Many Millennials are working longer hours, and have seen their earnings decrease. Meanwhile, their personal debt has increased over the last four years to the point where they face unrelenting payments on interest for money they borrowed for college or just to stay above water. Bill Moyers talks with a millennial who has dedicated herself to tackling these issues. At 31, Heather McGhee directs the Washington office of the research and advocacy group Demos and is fighting for financial reforms and consumer protection. In the same broadcast, Moyers talks with conservative economist Bruce Bartlett, who wrote "the bible" for the Reagan Revolution, worked on domestic policy for the Reagan White House, and served as a top treasury official under the first President Bush. Now he's a heretic in the conservative circles where he once was a star. Bartlett argues that right-wing tax policies -- pushed by the ideologue Grover Norquist, Tea Party activists, and the One Percent's rented politicians -- are destroying the country's economic foundation.moreless
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