- Social:
Financial Services Roundtable
President and CEO of the Financial Services Roundtable; former US Congressman from Texas (1983-1991) and mayor of Dallas (1991-1995)
PROFILE
Steve Bartlett
Guest
FROM Steve Bartlett
Which Way, L.A.?
America's Economic Resilience Former chief executive Bill Clinton has been campaigning for current President Barack Obama, but Clinton’s latest comment on the economy might not help Obama in the November election. As bad news piles up, more and more people are taking a dim view of America’s economic prospects. Is it really that bad? We hear that there is another side to the story.
To the Point
Is There Good News about the Economy? Former chief executive Bill Clinton has been campaigning for current President Barack Obama, but Clinton's latest comment on the economy might not help Obama in the November election. As if to prove the point, the Labor Department announced today that American productivity fell by 0.9 percent , slightly more than had been anticipated. Yet, despite high unemployment, low home sales, troubles in Europe and a drop in consumer confidence, the US economy still has strength and resilience. Some economists say the half-empty glass is also half full, as major corporations stop out-sourcing jobs and start bringing them back to America. That doesn't mean there won't be trouble ahead. Economics is still the "dismal science." We hear about some hopeful signs and the importance of government action.
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