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.
Yesterdays consumer confidence survey numbers and housing market data have boosted hopes that our economy may be gearing up for a recovery. Two economists join Diane to talk about the economy and concerns that some have had about the possibility of deflation.
- Lawrence Ball Professor of economics, Johns Hopkins University
- Allan Meltzer Professor,political economy, Carnegie Mellon School of Business, visiting scholar, American Enterprise Institute and author of "A History of the Federal Reserve"
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