What is the true state of U.S. economy and how did we get here? On the next Your Call, we'll take a look at the current U.S. economic crisis. By the end of this year, 20 million Americans could have mortgages worth more than the value of their homes. 63,000 jobs were lost last month, the biggest drop since July 2003. And the U.S. dollar continues to weaken. Has the economy slipped into recession? How are you being impacted by the economic crisis? And what are the solutions? It's Your Call, with me, Rose Aguilar, and you.
Guests:
Rep. Barbara Lee
Dean Baker is co-director of the Center for Economic and Policy Research.
Robert Pollin, professor of economics and founding co-director of the Political Economy Research Institute at the University of Massachusetts-Amherst.
Click to Listen: What is the state of our economy?