Understanding Today’s Puzzling U.S. Economy
Inflation is high. The GDP has shrunk. But the job market has never been better. The Washington Post's Damian Paletta helps make sense of the U.S. economy today.
Presidential candidates Al Gore and George W. Bush have proposed dueling income tax cuts in their battle to attract voters. Economists say the candidates are depending on optimistic predictions about the U.S. economy that might or might not be accurate. Two experts join Diane to talk about what’s in the two proposals, how each fits into the candidate’s overall vision for the country’s future, and what message each plan sends about how government should serve the American people.
Guests
- Laura Tyson Former National Economic Advisor to President Clinton and dean of the Haas School of Business at the University of California, Berkeley
- John Cogan Economic policy advisor to the George W. Bush campaign and senior fellow at the Hoover Institution at Stanford University
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