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.
Guest Host: Katty Kay
President Obama defends his administration’s efforts to revive the economy, but warn tough times lie ahead as the nation re-builds its financial system. Guest host Katty Kay of the B-B-C and her guests offer a look at the state of 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.
- Deborah Solomon Is a reporter for "The Wall Street Journal."
- Dean Baker Co-director of the Center for Economic and Policy Research and author of "Plunder & Blunder the Rise and Fall of the Bubble Economy" (PoliPointPress)
- Vincent Reinhart Is resident scholar at the American Enterprise Institute; former director of the Federal Reserve Board's Division of Monetary Affairs.
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