Smith School of Business, University of Maryland. Louis University, and Yale University.
In a candid interview with Nightly Business Report click on the links for a video or a transcriptNational Economic Council Director Larry Summers did not express much hope for a quick drop in unemployment: After Lehman, the economic discussion was whether recession would turn into depression.
Today, the economic discussion is when the recession is going to end, and most experts are looking for significant economic growth in the third and fourth quarters of the year. At the same time, with unemployment well above nine percent, likely to remain unacceptably high for a few years, no one can be satisfied with where we are.
Making sure this expansion is as robust, as firmly grounded as we possibly can. When asked what further actions the Obama Administration has planned to address the unemployment situation, Mr.
Summers added the following comments: Essentially, this interview did not deviate greatly from the talking points made by numerous other Obama Administration officials, except for the fact that Mr.
Summers seemed more candid regarding an extended period of persistently high unemployment. It is also worth noting that Mr. Summers is widely admired outside the Democratic party. For example, Charlie Munger had the following to say about Mr.
Summers in a recent interview click on the links for a transcript or video download: I am a right-wing Republican, and I like the fact that Obama has put into the White House Larry Summers, who is a ferociously smart human being and will try to do the right thing even if it offends some people.
Although few observers expect a quick drop in the unemployment rate, consensus expectations seem to predict a decline starting by the middle of Economists counting on a quick recovery in consumer spending to boost GDP in the coming quarters may be disappointed.Nightly Business Report, which is carried by most PBS affiliates, will air a feature on Propel Electric Bikes of Brooklyn, NY.
The report will focus on Propel Founder and disabled Iraq war veteran Chris Nolte’s decision to create the company, which provides utility and cargo bikes as well as e-bikes and cycling related accessories.
Judging by the federal documents detailing his arrest, Radel wasn't just some secret addict. He looks like a year-old party boy, an image that elicits limited public sympathy.
Jan 12, · Tonight on Nightly Business Report, oil prices flirt with $31 a barrel and, according to some, it could go even lower. And, as Alcoa kicks off earnings seaso.
Nightly Business Report The long-running business news show, which premiered in , provides In-depth coverage of business and economic news as well as market analysis.
Industry experts also appear to provide guest commentaries. His work has gained national recognition through several Barron's articles he wrote, and from Mr. Tice's appearances on business television.
He has appeared on the Nightly Business Report, Wall Street Journal Report, Wall Street Week and The O'Reilly Factor, and . Meet the Press - November 6, This is what you said in January of after another very contentions Presidential election.
business as usual, let’s get back to our free trade.