How The Housing Crisis Spread, And What Happens Now
From high mortgage rates to shortages that have spread coast to coast, New York Times reporter Emily Badger explains the roots -- and consequences of our country's broken housing system.
The seven-hundred-eighty-seven billion dollar stimulus plan is the largest influx of federal money into the economy since President Johnson’s Great Society. It includes funds for education, Medicaid, renewable energy, and infrastructure. Diane and her guests examine the final bill and what it could mean for the U.S. economy.
Guests
- Jared Bernstein Chief Economist and Economic Policy Adviser for Vice President Biden and Executive Director of the Vice President's Middle Class Task Force.
- Alice Rivlin Senior fellow, Brookings Institution, vice chair, Board of Governors, Federal Reserve System (1996-99); director, White House Office of Management and Budget (1994-96); and founding director, Congressional Budget Office (1975-83).
- Jonathan Weisman White House reporter for "The Wall Street Journal."
- Rea Hederman Is a Senior Policy Analyst with The Heritage Foundation.
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