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America's Economic Woes
ResumeNow, Allen Sinai is looking through the wreckage of that boom and the U.S. economy's fitful efforts to find new footing. It's not there yet. Joblessness is gripping many households. Businesses are paralyzed with fear of revving up too soon. Consumer confidence is losing its heroic bravado. On the other side of all that, maybe a year out, maybe more, Sinai sees the turnaround. But it doesn't look like anything you may have known recently. Up next On Point: Allen Sinai and the next American economy.
Guests:
Allen Sinai, chief global economist, Primark Decision Economics, Inc.
This program aired on October 28, 2002.