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Jeff Madrick: Grading Obama's Recovery

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Uploaded by on Apr 2, 2009

The Nation contributor Jeff Madrick argues that the combination of a housing crisis, a credit crisis and a recession have created an economic collapse unlike any other. In a discussion sponsored by The Nation magazine and The Nation Institute Madrick joined Barbara Ehrenreich, Joseph Stiglitz, Bill Fletcher, Jr. and Chris Hayes to address the causes of the current crisis and what steps must be taken to overcome the economic challenges. For more video of the event and a full podcast of the conversation visit http://www.thenation.com/section/meltdown101.

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  • maybe the next bailout will be towards bringing up our production power back up instead of keeping worthless financial institutions alive that produce nothing but debt...

    I really don't see how Obama is doing anything very differently from Bush aside from completing his sentences...

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