US Economy: Recovering or getting worse?

Just one year ago, the U.S. economy reached a breaking point. Major financial institutions folded, the real estate bubble burst, and people were losing their jobs at unprecedented rates. In the midst of the hysteria, it seemed that the U.S. Government took much more control over the economy, giving some institutions such as the Federal Reserve more power. One year later, Fed officials say that the economy is starting to recover, yet others say that the worst is yet to come. So who should we believe? And what is the future not just of the U.S. economy but of the global financial institutions as well? RT's Dina Gusovsky speaks to Ethan Pollack from the Economic Policy Institute.

Category:

News & Politics

Tags:

• U.S. economy
• Barack Obama
• Federal Reserve
• Ben Bernanke
• Dina Gusovsky
• tea party protests
• financial crisis
• bank bailouts
• G20
• IMF
• Ron Paul
• Audit the Fed
• stock market
• dollar
• new world currency
• Henry Paulson
• Lehman Brothers
• Bear Sterns
• health care
• national debt
• Ethan Pollack
• GDP
• stimulus
• World Bank
• Russia
• Wall Street Journal
• Dennis Lockhart

[Dajuhan2u]

this guy is full of crap!

[Speaksforthetrees]

S+P and DJ says recovery

Gold says no recovery

Oil doesnt know

You tell me its all bullshit .

US has made the world into one big casino .

[LesPaulCustom79]

presiden odumbo has been told ad nauseum by economic and financial experst what to do to get the US economy moving in the right direction......but refuses to do so. Is that not the true definition of STUPID?

[rockme4ver]

THE PROBLEM THE U.S. VERY GENEROUSED WASTING BILLOINS OF DOLLARS AIDING FOREIGN COUNTRIES, JUST B'COZ OF OIL AND INTEREST, NOW THE CONGRESS WORRYING WITH THEIR SPENDING AND DEBTS ABOVE THE CEILING..OPEN YOUR EYES IDIOTS...

[rockme4ver]

WHY PEOPLE HATES THE PRESIDENT...BLAMING THE COLLAPSE OF OUR ECONOMY..BLAME THE REPUBLICAN

[l8greens]

This is ful of SHIT!

[villeneuves2]

this guy is full of shit as always

[MAXMARTINS10]

wow the MOSCOW announcer is so pretty ...by the way as long as the other countries lose confidence with the dollar,the dollar will become worthless,

[7universes]

OMG Russian Hotties.. I love them..

[ElFrankus]

Yes she is. She´s very hot :-D

[CapitalExchange]

Liberal Communists have ruined this once great country.