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California's Economic Forecast

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Federal Reserve Chairman Ben Bernanke announced on Tuesday that the recession is likely over, but here in California two new economic forecasts argue that the state is lagging behind the nation in the recovery. We talk with the report’s authors about California’s economic future.

Guests:

Stephen Levy, director of the Center for Continuing Study of the California Economy

Jerry Nickelsburg, senior economist at UCLA's Anderson School of Management

Christopher Thornberg, principal and co-founder of Beacon Economics

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