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.
President Barack Obama walks with senior staff in the Rose Garden of the White House, prior to the start of the Economic Daily Briefing, June 17, 2010. Pictured, from left, are Senior Advisor Valerie Jarrett, Jared Bernstein, deputy assistant to the President for economic policy, Council of Economic Advisers member Cecilia Rouse, Peter Orszag, director of the Office of Management and Budget, Christy Romer, director of the Council of Economic Advisers, and Jason Furman, deputy assistant to the President for economic policy.
The nation’s unemployment rate falls to its lowest level in almost a year, but concerns remain about future job growth and the anemic housing market. What’s ahead for the U.S. economy.
Guests
- David Wessel Economics editor, The Wall Street Journal; author "In Fed We Trust"
- Rea Hederman Is a Senior Policy Analyst with The Heritage Foundation.
- 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)
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