GRITtv: Dean Baker: Financial Reform or Lack Thereof?


by GRITtv

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What is happening in Toronto? What is happening to financial reform? And what is going to happen to the many people who won't get their unemployment benefits extended? Dean Baker, co-director for the Center on Economic Policy Research, clears some of the questions and claims that economic changes are a mixed bag. Perhaps these changes brought positive things such as greater transparency, but this hardly negates rampant inequality or a problematic lack of change in how Wall Street operates business. It seems that the government know how to do things like keep the unemployment rate down, but the talk at the G20 Summit and the results here at the United States is doing otherwise. Dean Baker is part of a Nation forum on inequality that will be posted July 1 - featuring Robert Reich, Orlando Patterson, Jeff Madrick, Dean Baker, Katherine Newmann and Matt Yglesias. It looks at the widening inequality gap in the recession and under President Obama, and at possible solutions. Distributed by Tubemogul.