Economists, politicians, and pundits insist recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments face record deficits. Today’s guest, RICHARD HEINBERG has a new book, The End of Growth, in which he proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. He talks about the new normal that recognizes the limits to growth imposed by resource and disposal limits, climate change, and population growth.
There are the repercussions of the Republican electoral victories in last fall's elections - not just in Washington but in statehouses across the country. Though they well know that they were swept into office due to unemployment and a weak economic recovery on the one hand, and voter ignorance and lack of memory on the other, the GOP in DC is acting like they have a mandate for gutting Planned Parenthood, Public Radio and Television, and the EPA. Even worse, in the states, they are seizing on budget shortfalls to try to crush public employee unions.
JOHN NICHOLS is a Washington correspondent for The Nation and associate editor of The Capital TImes in Madison, Wisconsin. He is the author of Jews for Buchanan, and co-author with Robert McChesney of Our Media Not Theirs: The Democratic Struggle Against Corporate Media.