News & Public Affairs

Pre-Election Special

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Tags: Richard Barrett, University of Montana, national debt, Obama, Reagan, military spending

Good afternoon, I'm Rob Lorei.

Today we're going to talk about politics and tomorrow's elections. Later we'll hear reports about Hometown Democracy and the possible end to public financing of camapigns. We'll also open up the phone lines.

But first- the growing national debt is a big issue this election. It's motivating many people to vote against political allies of President Obama. But which president's did the most to increase federal deficits and which did the most to keep it unde...

An economist analyzes the European economic crisis

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Tags: recession, debt crisis, government spending, tax cuts, Reagan, Greece, Potugal, Spain, Italy

The so-called PIGS (Portugal, Italy, Greece, and Spain) countries are undergoing economic hard times. Is the solution to cut government spending? Our next guest says no- it's dangerous to cut government spending during a recession. Our Guest is Mark Weisbrot, PhD. He's co-director of the Center for Economic and policy Research in Washington, DC.