Austerity No More: An Economy for the 99% from #NN12

| video

The 99 percent have taken to the streets in unprecedented numbers yet we haven’t seen this outcry reflected in the policies in Washington, where conventional wisdom lands somewhere between the status quo and austerity. The middle class continues to shrink and the poor get poorer, while the wealthiest continue prosper and skirt the rules.

Perhaps no one breaks these issues down better than Nobel Prize-winner Paul Krugman, who anchored Netroots Nation 2012's Economic Keynote. Joining him was AFL-CIO's Rich Trumka; the Agenda Project's Erica Payne; and Ai-jen Poo, National Domestic Workers Alliance director and one of Time's 2012 100 Most Influential People in the World. Demos Vice President of Policy & Outreach Heather McGhee moderated. 

During this session, speakers discussed what our economic outlook looks like and get us thinking about what our progressive vision for it should be. How do we free ourselves from what Krugman says can only be called a depression? And what role do we as activists, bloggers and labor organizers play in ensuring economic success and equality?