Initial claims for unemployment benefits increased last month, underscoring deepening concerns about the economy. We try to make sense of the recent news on jobs, deflation, mortgage rates and other indicators with two former White House economic advisers.
Guests:
Keith Hennessey, member of the Financial Crisis Inquiry Commission, research fellow at the Stanford's Hoover Institution and former senior White House economic adviser to President George W. Bush
Laura Tyson, professor of global management at UC Berkeley's Haas School of Business, former top economic adviser to President Bill Clinton and member of the Economic Recovery Advisory Board
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