Will Federal Money Mean Economic Recovery?

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President-elect Barack Obama wants a federal spending program comparable to the Interstate highway system, created during the 1950's. But it won't look like his campaign promise to "rebuild America," at least not right away.  The sagging economy has put a premium on speed, rather than the kind of projects that make for a historic legacy. What kinds of projects will be involved? What are the benefits and risks for private businesses and for consumers?

Credits

Guests:
Alec MacGillis - Baltimore-based reporter for ProPublica - @AlecMacGillis, James Galbraith - University of Texas, Austin, Amity Shlaes - Calvin Coolidge Presidential Foundation - @AmityShlaes, Bracken Hendricks - Senior Fellow, Center for American Progress

Host:
Warren Olney

Producers:
Frances Anderton, Christian Bordal, Sonya Geis