FORA Economy

Season 2008 Episode 0402

Illusions and Delusions About the U.S. Economic Picture

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Illusions and Delusions About the U.S. Economic Picture
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Illusions & Delusions About the US Economic Picture: What it Will Take to Strengthen America's 'Real Economy' featuring Leo Hindery.Former John Edwards campaign senior economic advisor and telecom executive Leo Hindery understands better than most the difference between the needs of Wall Street and the needs of average Americans on Main Street.Looking at the subprime crisis as a symptom of a long history of economic mismanagement, Leo Hindery will argue that recent calls to change the regulatory bureaucracy in Washington are at best a band-aid. Rather, the American economy needs a long-term strategy to build a new edge in tradable goods and services to rebuild our middle class with high-wage jobs and reduce our massive trade imbalances.Leo Hindery has announced his support of Barack Obama?s campaign - but he will be speaking on his own behalf and not that of any campaign.Economic writers and commentators Bruce Stokes and Sherle Schwenninger will offer reactions - New America Foundationmoreless
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