Quote: Correction: Graphics on this video indicate this recording took place on Jan. 14, 2008. This is in error. It was recorded on Jan. 14, 2009.
Quote: Former Secretary of Labor Robert Reich predicts the economy will begin to turn around in "two or three years" with prudent federal investment, but warns that U.S. unemployment rates may rise significantly without "effective government action."
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As the economy nose-dives into a crisis of unknown depths, hear renowned economist and former Secretary of Labor Reich lay out his thoughts on what lurks around the financial corner in 2009.
Drawing on his years of experience both in and out of the political sphere, and sifting through the mountain of financial data, fiscal indicators, and government spin, Reich - who has been rumored as a contender for a position in the Obama administration - will cut through the hysteria and hyperbole to reveal where we're headed in '09 - The Commonwealth Club of California
Robert Reich is professor of public policy at the Goldman School of Public Policy at UC Berkeley. He served in three national administrations; his articles appear frequently in The New York Times and The Washington Post, and he is a commentator for American Public Media's Marketplace, heard on NPR.
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But the backdrops peel and the sets give way and the cast get eaten by the play, there's a murderer at the matinee, there are dead men in the aisles
And the patrons and the actors too are uncertain if the show is through and with sidelong looks await their cue, but the frozen mask just smiles
