
On tonight's Political Analysis: As budget talks between the president and Congress continue to flounder and the nation continues to be flummoxed by a barrage of rhetoric, terminology and demagoguery from both sides of the political aisle, Political Analysis host Sandy LeonVest focuses on the economy. She is joined by labor economist Sylvia Allegretto, who explains what's really going on behind the wall of scare tactics -- currently posing as "budget negotiations." They discuss the (fake) fiscal cliff, the not-so-grand bargain and the WalMart workers strike. They also talk about the importance of organizing, and why American workers should care (a lot) about the factory fire in Bangladesh that killed more than 100 workers over the weekend.

Guest: Dr. Costas Panayotakis, author of Remaking Scarcity