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Bill Moyers Interviews Bob Herbert and Dean Baker 

August 8, 2008

Despite many ominous portents in the US economy, officials have been hesitant 
to say the U.S. is in a recession, as the FINANCIAL TIMES recently 
<http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=BqDbp61y8z6yJUqzCMowliUtYNmDVs4t>reported
 in their series, "The Big Freeze": 

The US economy remains in limbo: neither pulling away from nor succumbing to 
pressure from the credit squeeze, falling house values and high oil prices. 
With only one quarter of negative growth - the final one of 2007 - the jury is 
still out on whether the US has had or will have a recession. 

Ordinary Americans, though, are feeling the squeeze. Bob Herbert, of the NEW 
YORK TIMES, and Dean Baker, of The Center for Economic and Policy Research, 
join Bill Moyers on the JOURNAL to discuss the U.S. economy and the economic 
hardships facing the nation's underpriviliged and, increasingly, it's 
once-secure middle class. 

More at 
<http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=x6uDcPtjimsnZPrKV3CGgyUtYNmDVs4t>http://www.pbs.org/moyers/journal/08082008/profile2.html.

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The Center for Economic and Policy Research is an independent, nonpartisan 
think tank that was established to promote democratic debate on the most 
important economic and social issues that affect people's lives. CEPR's 
Advisory Board of Economists includes Nobel Laureate economists Robert Solow 
and Joseph Stiglitz; Richard Freeman, Professor of Economics at Harvard 
University; and Eileen Appelbaum, Professor and Director of the Center for 
Women and Work at Rutgers University.

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