Nation Conversations: Roane Carey and Ari Berman on the Rise of the Austerity Class

Nation Conversations: Roane Carey and Ari Berman on the Rise of the Austerity Class

Why do austerity measures remain so popular within the beltway while the overwhelming evidence in the rest of the country points to the fact that such measures increase unemployment and hinder economic growth?

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

Why do austerity measures remain so popular within the beltway while the overwhelming evidence in the rest of the country points to the fact that such measures increase unemployment and hinder economic growth?

How, in the midst of a massive unemployment crisis—when the lack of jobs has reached crisis levels and the public overwhelmingly wants policy-makers to focus on creating them—did the deficit emerge as the most pressing issue in the country? This is a perplexing question that has been at the center of American politics for at least the past two years.

On this episode of Nation Conversations, The Nation‘s Ari Berman talks with Executive Editor Roane Carey about why austerity measures remain so popular within the beltway while the overwhelming evidence in the rest of the country points to the fact that such measures increase unemployment and hinder economic growth.

For more in-depth analysis, read Ari Berman’s article in The Nation‘s November 7 issue.

Subscribe to Nation Conversations on iTunes for exclusive audio of Nation forums, events, seminars, and salons. Check back each Thursday for new episodes.

Jin Zhao

Support independent journalism that exposes oligarchs and profiteers


Donald Trump’s cruel and chaotic second term is just getting started. In his first month back in office, Trump and his lackey Elon Musk (or is it the other way around?) have proven that nothing is safe from sacrifice at the altar of unchecked power and riches.

Only robust independent journalism can cut through the noise and offer clear-eyed reporting and analysis based on principle and conscience. That’s what The Nation has done for 160 years and that’s what we’re doing now.

Our independent journalism doesn’t allow injustice to go unnoticed or unchallenged—nor will we abandon hope for a better world. Our writers, editors, and fact-checkers are working relentlessly to keep you informed and empowered when so much of the media fails to do so out of credulity, fear, or fealty.

The Nation has seen unprecedented times before. We draw strength and guidance from our history of principled progressive journalism in times of crisis, and we are committed to continuing this legacy today.

We’re aiming to raise $25,000 during our Spring Fundraising Campaign to ensure that we have the resources to expose the oligarchs and profiteers attempting to loot our republic. Stand for bold independent journalism and donate to support The Nation today.

Onward,

Katrina vanden Heuvel

Editorial Director and Publisher, The Nation

Ad Policy
x