Implications of U.S. Credit Downgrade
Christian Weller and Diana Furchtgott-Roth talked about the implications of Standard and Poor’s downgrade of the credit ratings of… read more
Christian Weller and Diana Furchtgott-Roth talked about the implications of Standard and Poor’s downgrade of the credit ratings of Fannie Mae and Freddie Mac and other agencies linked to long-term U.S. debt. They also responded to telephone calls and electronic communications. Topics included the prospects for a “double dip” recession, jobs, Social Security and Medicare, and the housing market.
Lawrence Yun spoke by phone about the impact of the downgrade on the housing market.
C-SPAN Radio’s Nancy Calo read news headlines at the end of the program. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- Nancy Calo Producer C-SPAN->Radio
- Diana Furchtgott-Roth Senior Fellow and Director Hudson Institute->Center for Employment Policy
- Christian E. Weller Senior Fellow Center for American Progress
- Lawrence Yun Chief Economist and Senior Vice President National Association of Realtors
- Greta Wodele Brawner Host C-SPAN
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