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How Did We Get in This Economic Mess?

Audio

Maureen Cavanaugh : This week is starting out on a hopeful note for the nation's economy. Tomorrow, the President will sign an economic stimulus plan that supporters believe may be the first step out of our economic recession. But a recent survey of consumer confidence indicates we'll need a busload of hope before that's accomplished. Most people said they thought the downturn in the economy would last about five years.  How did we get here?

Guest

  • Alan Gin , professor of economics at the University of San Diego.

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