Raw Story Managing Editor Kay Steiger appeared on RT's "The Thom Hartmann Show" to talk about President Barack Obama's "grand bargain," in which he offers to trade middle-class investments like raising the minimum wage, boosting American infrastructure and closing overseas tax loopholes for a lower corporate tax rate.

But why is Obama announcing this plan at an Amazon warehouse in Chattanooga, Tennessee, where workers make just $11 an hour? In Tennessee, a living wage for a working mom and her child would be more like $18 an hour. Is this the future of the American economy for Obama?

Watch the videos, broadcast on RT on July 30.