Romer Says Obama Policy Prevented Second Great Depression

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Romer Says Obama Policy Prevented Second Great Depression
Commonwealth Club - The Commonwealth Club of California
Christina Romer discusses the Obama administration's integrated economic recovery strategy with particular focus on the importance of a healthy credit market in promoting U.S. recovery and future economic growth.She says this package is important for stimulating job creation and investing in the U.S.'s infrastructure, but comprehensive economic recovery also includes the financial stability plan announced by U.S. Treasury Secretary Tim Geithner, designed to open up the flow of credit that families and businesses depend on in the course of their everyday lives.

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