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The State of the Economy, Part 1 - A National Look

By Laura Knoy on Tuesday, January 6, 2009.

2008 was a bad year for the national economy, with a mortgage meltdown, a crisis on Wall Street, bailouts in the billions of dollars, rising unemployment figures and now an official recession. Some see 2009 getting much worse before it gets better, but other analysts see the possibilities of a turnaround, especially with a new president. We’ll gauge the national economic forecast and see where the good and bad news may be.

Guests

  • Gary Burtless , Senior Fellow in Economic Studies at the Brookings Institution
  • Desmond Lachman, Resident Fellow at the American Enterprise Institute, former Managing Director and Chief Emerging Market Economic Strategist at Salomon Smith Barney, and former Deputy Director in Policy Development and Review Department for the International Monetary Fund.

We'll also hear from

  • Peter Coy, economics editor for Business Week
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