Pres. Obama Remarks on the Economy

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Pres. Obama Remarks on the Economy
During remarks at Carnegie Mellon University, President Obama noted the Recovery Act’s impact on the economy, citing an estimated 720,000 clean energy jobs that will be created by 2012 from tax credits and loan guarantees in the economic stimulus law. Carnegie Mellon Economist Allan Meltzer responded to the President’s speech: “the huge stimulus spending has done little to reduce unemployment. Long-term unemployment has never been higher in the past 60 years.”
Length: 43 min.

Published: Today at 1:35pm (ET)
http://www.c-span.org/Watch/watch.aspx? ... HP-A-48787