With only four weeks left before election day, the economic crisis isn’t going away. On Friday, the government reported that 159,000 jobs were lost in September – the worst one-month drop in more than five years. Far from what Phil Gramm called a nation of whiners — increasingly, we ‘re a nation of job seekers.
And much as the Congress and the Administration want Americans to believe that Washington’s passage of a $700 billion bad asset buy-up plan will help, Asian and European stock markets aren’t buying it — they plunged Monday fearing a global crash.
What have we learned in recent weeks about our economy and our electoral system?
Denis Kucinich, who steadfastly oposed the bail out while 58 of the members who first voted against it switched, said, "This is an outrage. This was democracy’s Black Friday.” The bill included more than $100 billion in corporate and personal tax breaks. But Nancy Pelosi called it critical for average Americans. Both Obama and McCain voted for it. What does this say about the power of the voter?
Here to discuss the economic crisis and presidential politics are ARUN GUPTA, KAI WRIGHT, and MARK WINSTON GRIFFITH.
*Be part of the live stream. Post your comments and questions right here.





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Michael Tomasky in the Guardian: Substance is in.
Pssst. Don’t spread it around too much, because there’s still a month to go and I don’t want to jinx things – but substance is in this year.
http://www.guardian.co.uk/comm…..arackobama
Laura,
Like many Americans, we are simply left to ‘wait and see’ when it comes to the ultimate effects of our economy and those abroad. To that point, what can your panelists say about the effect our market’s turmoil will have worldwide and what countries in particular should we keep our eye on (as an indicator) that it has gotten the worst it will get.
Thanks,
Greer
Atlanta, GA
Question: Do any of you think that there will be mass protests all over America of those people most affected by the crisis, and who were hopeful that the bailout would not take place?