Davos Annual Meeting 2010 - The US Economic Outlook

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Uploaded by on Jan 29, 2010

http://www.weforum.org 29.01.2010
The economic outlook for the world's largest economy remains uncertain with unemployment levels reaching 10% and budget deficits increasing at the national and state levels.

How will the Obama Administration address these and other economic challenges in 2010?

Conversation with
Lawrence H. Summers, Director, National Economic Council (NEC), Executive Office of the President, USA

Moderated by
Charlie Rose, Anchor, Executive Producer and Executive Editor, The Charlie Rose Show, USA

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  • the economy is not in recovery, and won't be...the problem isn't so much economics, its how this society is framed, how the people running the system are thinking...to the people at the top its not about helping people, peace, or justice...its about them making money, and sharing very little resources, and money with everyone else...so of course when a small percentage of people has the wealth, and the majority of the people scrap by with the little shared, what can we expect, hardship.

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