Loss Of Trust Caused Most Damage To Institutions, Says Bernstein

Vice President Joe Biden’s top economic adviser Jared Bernstein says the loss of public trust in all institutions affected by the economic recession has caused the most damage. (0:31)

Listen

Permanent Extension Of Bush Tax Cuts Better Than Temporary, Claims OMB Director

Congressional Budget Office Director Dr. Doug Elmendorf explains that a full and permanent extension of the 2001 tax cuts would have a greater boost on employment than one that would end in 2012. (0:36)

Listen

CBO Director Predicts Modest Pace To Recovery

Congressional Budget Office Director Dr. Doug Elmendorf predicts a slow recovery out of the recession and cites history for his arguments basis. (0:40)

Listen

Quality Education The Backbone For Economic Recovery, Says Obama

President Barack Obama talks with student journalists across the country in a conference call about the prospective future of a generation struggling as they enter the workforce.(0:24)

Listen

Obama: Jobs Bill Will Cut More Taxes, Increase Loans To Small Businesses

President Barack Obama says that there is a current jobs bill that is languishing in the Senate because of partisan politics. The president also says the bill would cut taxes for more small businesses and would increase the access these businesses have to loans. (0:42)

Listen

Obama: Too Many Americans Are Still Looking For Work

President Barack Obama says that, although steps are being taken towards boosting the rate of economic recovery, more must and will be done. (0:16)

Listen

Business Owners On Hiring Freeze Because Of Unpredictable Health Care Bill, Says Lawmaker

Rep. Dan Lungren (D-Calif.) says that business owners are afraid to hire new employees because of the unpredictability of the health care bill. (0:14)

Listen

Lawmaker Says Biden's Economy Remarks Were "Stunning"

Rep. Dan Lungren (D-Calif.) says that he was “absolutely stunned” after having heard remarks from Vice President Joe Biden asserting the the future of the economy looked bright. (0:29)

Listen

Obama: We Must Increase Number Of Products Exported

At the University of Texas - Austin, President Barack Obama says he expects the United States to increase the number of exported goods and adds this will be monumental in recovering from the country’s recent recession. (0:24)

Listen

Job Creation Must Happen Soon, Says Economist

Chief Analyst at Moody's Analytics Mark Zandi says that net job creation is a crucial factor for creating a self-sustaining economy. (0:28)
Listen

Economist Credits Bernanke For U.S. Recovery

Chief Economist at Moody's Analytics Mark Zandi credits Federal Reserve Chairman Ben Bernanke for helping launch the U.S. out of a deep recession. (0:19)
Listen

Economist Says Economy Is At Risk Of Slipping Back Into Recession Next Year

Mark Zandi, Chief Economist for Moody's Economy.com, says the current economic recovery is "fragile and tentative" and thinks the risk of the country slipping back into recession is "uncomfortably high." He believes this because although employers have slowed down layoffs, they have not begun to hire aggressively. (0:25)
Listen

Bernanke: Economy Will Recover Slowly

Federal Reserve Chairman Ben Bernanke says that although the economy is recovering, economic growth will be moderate and increase very slowly into 2010. (0:24)
Listen

Bernanke: The Recession Is Likely Over

Federal Reserve Chairman Ben Bernanke says the recession is over but its effects will still be felt in terms of job security and wages. (0:20)
Listen

Bernanke: Economic Regulatory Reform Is Needed

Federal Reserve Chairman Ben Bernanke said Tuesday that regulatory problems were a large part of the world-wide financial meltdown and that he believes reform is necessary. (0:43)
Listen

Minorities Still Suffer The Most Job Loss, Says Official

The Bureau of Labor Statistics Commissioner, Keith Hall, says that minorities and the uneducated continue to suffer the most job losses, a trend that parallels unemployment statistics prior to the recession. “The trend is pretty much the same,” Hall says. “When the overall unemployment rate goes up, it goes up by more for the minorities.” (0:18)
Listen

The Fed Has A Recession Exit Strategy, Says Bernanke

"The extraordinary policy measures we have taken in response to the financial crisis and the recession can be withdrawn in a smooth and timely manner as needed," Federal Reserve Board Chairman Ben Bernanke said to the House Committee on Financial Services Tuesday. (0:33)
Listen

Geithner on the Aggressive Response to Economic Crisis

By Courtney Ann Jackson-Talk Radio News Service

Treasury Secretary Timothy Geithner speaks at the luncheon hosted by Newsweek Monday focused on "Recession and Recovery: The Road Ahead." Geithner understands where the frustration with the crisis is coming from and lays out the way in which the administration is dealing with it. (1:29)
Listen

Recovery Act: Changing unemployment rates

By Courtney Ann Jackson-Talk Radio News Service

A senior administration official from Vice President Biden's office discusses how the recession has been broad-based. The Recovery Act's programs are helping areas that have higher unemployment rates. (0:50)
Listen

IMF: The Light at the End of Tunnel is Visible

Olivier Blanchard, an economic counselor and director of research at the IMF, states his belief that the economic crisis will begin to subside later this year, as long as economic policy remains consistent with those that already presently exist. (0:28)
Listen