Jeff Madrick: Grading Obama’s Recovery

Jeff Madrick: Grading Obama’s Recovery

Jeff Madrick: Grading Obama’s Recovery

Nation contributor Jeff Madrick looks beyond the failure of banks to guarantee loans to decades of wage stagnation and decline as a factor in the economic meltdown.

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The Nation contributor Jeff Madrick argues that the combination of a housing crisis, a credit crisis and a recession have created an economic collapse unlike any other. In a discussion sponsored by The Nation magazine and The Nation Institute Madrick joined Barbara Ehrenreich, Joseph Stiglitz, Bill Fletcher, Jr. and Chris Hayes to address the causes of the current crisis and what steps must be taken to overcome the economic challenges. For more video of the event and a full podcast of the conversation visit the Meltdownsite.

Gabriela Resto-Montero

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