"Poverty is a one-day event, we get a report released and we're going to talk about poverty, but every day we hear what the stock market does," says Dean Baker, GRITtv economics correspondent. The problem with that kind of coverage, Baker notes, is that "many more people will experience poverty than will strike it rich in the stock market." Millions of Americans experience poverty not as a one-day affair, but as a constant, grinding force in their lives.
Baker joins us via Skype to talk about Elizabeth Warren's sort-of-appointment, the whinging of the rich over tax increases, and Bill Clinton's comments about the recession's end, among other things.
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