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The Economy after the Great Recession

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President Obama tries to be optimistic, but concedes that the Great Recession won't go away fast. Others compare it to the Great Depression as a signal of momentous economic change. We hear some challenging opinions today about how American lives might be changing, too. Also, scientists decry ruling halting embryonic stem cell research, and finance reform was supposed to provide new consumer protections.  So why are interest rates on credit cards going up when rates on other borrowing are going down?

Banner image: President Barack Obama is shown the battery making process at ZBB Manufacturing by company President/CEO Eric Apfelback (L) and employee Lonnie Mages, August 16, 2010. The facility in Menomonee Falls, Wisconsin manufactures advanced zinc bromide flow batteries and intelligent control platforms. Official White House photo: Chuck Kennedy