Tuesday
Jan222008
Dr. Orszag Allays Fears of Senate Finance Committee
Testifying to the Senate Finance Committee on possible solutions to the current economic crisis, Dr. Peter R. Orszag responded to questions regarding the recent dip in the stock market. Here he reassures Chariman Max Bauchus (D-MT) that financial markets should remain separate and that the stock market is not an indicator of future trends in the real economy.
Listen
Listen
tagged 
economy, recession, tax rebate, transfer payments in Audio
economy, recession, tax rebate, transfer payments in Audio
Reader Comments (2)
I was happy to hear that Dr. Orszag had good things to say the Senate Finance Committee. Hopefully, the economy will rebound soon.
That's good news, but I disagree with his notion that the stock market is not an indicator of future trends in the economy.