American Economy

New York Times writer Jason DeParle. He covers poverty and social welfare issues for the Times. Recently, DeParle has been writing about the disappearance of affordable housing. On top of that, government subsidies for low-income housing have all but disappeared. DeParle's New York Times Magazine cover story about housing appeared on October 20, 1996.

Linguist Geoffrey Nunberg looks at how Americans use the word "rich." In this election year, it's been deployed extensively by the two major presidential candidates. Nunberg looks at the origin of the word and why some well-to-do Americans don't like the label.

Philadelphia Inquirer investigative reporters Donald Barlett and James Steele. The two talk with Terry Gross about why campaign promises related to taxes should be carefully scrutinized. They say if you want to know how a 15 percent tax cut would help you, you need to look at how it would impact all of the taxes you pay. They say that often the highest tax rates are found at the state or local level.

Sociologist and foremost authority on urban poverty William Julius Wilson. He was with the University of Chicago for 24 years before becoming the Malcolm Wiener Professor of Social Policy at Harvard. His new book is "When Work Disappears: The World of the New Urban Poor" (Knopf). He looks at how joblessness has affected inner city neighborhoods. He says that the consequences of high joblessness in the inner city are more devastating than those of high neighborhood poverty.

Pulitzer Prize winning Philadelphia Inquirer reporters Donald Barlett and James Steele. "Barlett and Steele" as they are often referred to in Philly, are writing a new ten part series in the Inquirer titled "Who Stole the Dream?" Barlett and Steele say American public policy is largely to blame for why many American jobs have been sent overseas. Barlett and Steele will publish these stories in book form later this year.

Economist Geoffrey Faux iss president of the Economic Policy Institute, and is a contributor to the New York Times, Harper's, the Washington Post, and the Wall Street Journal. His new book is "The Party's Not Over: A New Vision for the Democrats."

Robert Rector is a policy analyst at the conservative think tank, the Heritage Foundation. He is credited wiith being the driving force behind the rightward swing of the newest GOP welfare reform. He believes the welfare system creates illegitimacy, and that, "the more you spend [on welfare] the more clientele for the programs you create." He also believes to bring people out of their "behavioral poverty," they need to work for their assistance.

William Greider is a political reporter for Rolling Stone Magazine. His most recent contribution is titled, "Why the Rich Get Richer." Greider speaks with Terry about his most recent article, the status of our economy, and the just announced interest rate hike. Greider is also author of two best-selling books "Secrets of the Temple" and "Who Will Tell the People: the Betrayal of American Democracy."

Commentator Gerald Early reflects on the black middle class, which he says doesn't enjoy the same benefits of its white counterpart.

Tonight, PBS debuts the documentary series, "America's War on Poverty: Untold Stories from the Front Line." The five-part series examines President Lyndon Johnson's War on Poverty, which he declared during his State of the Union Address in January 1964. It included programs like Head Start, and Job Corps. Terry will talk with Executive Producer Henry Hampton and journalist and consultant Nicholas Lemann.