The Supercommittee fails. A nation mourns. Chris's "Story of the Week" waves goodbye to the debt reduction committee that was. And President Obama meets with European leaders tomorrow. What will he say about the bond sale Germany held earlier this week where nearly half their bonds were left unsold? How will these unsold German bonds effect the Eurozone Crisis?
Joining Chris in the discussion are Washington Post columnist Ezra Klein, director of the Committee for a Responsible Federal Budget Maya MacGuineas, executive director of the Institute for New Economic Thinking Robert Johnson, writer and activist Michaela Angela Davis, and Executive Director of Voto Latino Maria Teresa Kumar.
-Brett Brownell (@brettbrownell) is video and web producer for Up with Chris Hayes.
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Your show is completely AWESOME. I really enjoy it. Please do not get too popular because it is the long interviews that really make the show. In a different time slot you wouldn't have that luxury.
Love this show. Keep it "UP" ;)
Some parts great, other parts less so - much less so.
Ms McGuineas' comments regarding the various extra-legislative committees created to "solve the hard problems" omitted crucial details regarding those very committees themselves. For one, the deficit committee created by the President issuing Executive Order #13531 (a.k.a. Simpson-Bowles) failed. The committee did not produce a result after months of secret meetings punctuated by "scheduled" and spontaneous outbursts by Committee Co-Chair Simpson. In the end, this committee failed to muster the necessary votes, as unambiguously stated in the EO and Charter, of their fellow committee members. The actual truth abut "Simpson-Bowles" is that no less than 3 competing proposals were released - one by the Co-Chairs, one by the conservative members and one authored by Sen Schakowsky. As such, Ms. McGuineas' repeated references to "Simpson-Bowles" belies the empirical realities of that committee's failure in service of lending unearned, unmerited legitimacy to one of 3 policy-option frameworks that emerged from that committee's work.
In general, Ms. McGineas enjoyed free-range propagandizing when repeatedly asserting - implicitly and explicitly - that tax cuts and even austerity are stimulative to the economy. One this point she's demonstrably wrong - and should know it or, lacking self-awareness, be reminded of it. Not only has "Laffer's Curve" been exorcised from substantive tax and economics discourse, left and right, (though still wanders the corridors of think-tanks that nurture zombies) the real-time disaster in the Euro Zone is the result of austerity-based "penance" being imposed on one nation after another only to see each produce the economic and fiscal outcomes rational experts forecast. Bolstering the accuracy of critics' analyses of "Euro-sterity" are the "markets" which have witnessed time and again the yoke of austerity choke economic growth leading them to drive bond yields higher and to flee fixed asset holdings of those states as fast as possible. The policy direction Ms McGuineas proffered would put the US on a path of economic decline that would be a fusion of "Euro-sterity" and "Tokyo-itis".
There's was some fleeting pushback on Ms McGuineas from the panel but but it was the retorts of Robert Johnson, more pregnant than pointed due to the segment's time constraints, that if anything presented the counter-thesis that deficit demonism is merely a choice - and one that's balanced on the narrowest of ideological lines.
Otherwise, very enjoyable.
I agree about Ms McGuineas. Many conservative guests on UP often get their facts wrong, make stuff up or use false equivalencies. They try to cover their bias by agreeing about relatively unimportant details about policies but in the end they are always exposed.
Climate Change....Go for it, Chris!
Love the Show ALOT!
Request: If you guys cut these online videos up into smaller segments, they would be more viral. I could send a clip to my friends and say, "Hey watch this!" but right now they are 40 minutes long. If I'm talking to someone about some topic and you guys referenced that topic in the show, it's a bit much to ask them to sit through 32 minutes to get to a great point you guys made at minute 33.
Again, I love the show. So, Keep it UP!
Love this show! I don't even tune into Sunday talk anymore. Morning Joe could use some of your style, don't watch at all anymore. Please keep the left slant and don't let the right drag you to their side!!
I love Up With Chris! One suggestion or rather question. Why did you have Michaela Angela Davis on the show??? Economics and debt reduction is not her forte and clearly she had no idea what she was talking about. The other guests looked perplexed every time she spoke! Please don't dumb down the show just because she's been a Twitter groupie, practically begging you to be on the show.
I don't know if you, and some/most guests where on the site that shall not be mentioned.
But keep pimping the "New" crop.
Heather Hurlburt, Michelle Goldburg, Kristen Soltis, and definitely Tim Fernholz.
Gotta give credit to "Wrights" place, it turned me on to all the above and more. How about Glen Loury?
Give them the format while you get the chance, "Bravo" on you, Chris...Reihan, "Haa!"