How Scarce Resources Could Shape U.S. Politics

In an 'Age of Austerity,' How Scarce Resources Could Shape U.S. Politics More

In a time of scarce resources, plans to cut deficits and reduce spending can develop into campaign issues. Judy Woodruff and Tom Edsall, a longtime Washington Post reporter who's now a New York Times columnist and journalism professor, discuss how austerity could shape and define American politics this election year and beyond.

AIR DATE 1/26/12