Consumer Spending and the On-Going Economic Crisis

Consumer Spending and the On-Going Economic Crisis

Americans cut back on their spending in October to levels not seen since the aftermath of nine-eleven. Diane and her guests look at how the current financial crisis is affecting household budgets and what it will take to restore...

Americans cut back on their spending in October to levels not seen since the aftermath of nine-eleven. Diane and her guests look at how the current financial crisis is affecting household budgets and what it will take to restore confidence in the US 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.

Kathleen Day

Center for Responsible Lending

Greg Ip

U.S. economics editor, "The Economist"

Ken Goldstein

economist, The Conference Board

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