Stiglitz: Real unemployment is greater than 20% (VIDEO)
Feb 23, 2010 at 11:34 AM
DailyBail in economy, jobs, joseph stiglitz, stimulus, stimulus, unemployment, unemployment, video, video

Video:  Joseph Stiglitz Discusses U.S. Stimulus, Greece's Debt Crisis -- Feb. 17, 2010

Joseph Stiglitz, Nobel Prize-winning economist and a professor at Columbia University, talks with Bloomberg's Margaret Brennan about the need for additional U.S. stimulus targeting job creation, the role of U.S. banks in the global financial crisis and Greece's debt problems.


Stiglitz is partially right.  Any stimulus must be highly focused on job creation; the problem is devising a program that actually works.  Brennan provides some entertainment half-way through the clip when she challenges the Nobel Prize winner on Keynesian incentives.




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