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.
With his new economic team President-elect Obama is reportedly planning the most aggressive stimulus policies since the Great Depression. A look at some of the elements of an expanded economic package and its overall impact on the U.S. economy.
Guests
- William Gale Senior fellow in economic studies at the Brookings Institution
- Douglas Holtz-Eakin Chief economist, director, Congressional Budget Office from 2003 to 2006, and senior domestic policy adviser to the McCain Campaign and a member of the Financial Crisis Inquiry Commission.
- Joseph Stiglitz Winner of the Nobel Prize for economics in 2001, professor of economics at Columbia University, and author of "Making Globalization Work," "Globalization and Its Discontents," and "The Three Trillion Dollar War" (with Linda Bilmes).
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