Reich praises Obama on economy

From NBC’s Domenico MontanaroFormer Clinton Labor Secretary Robert Reich discussed how to try and lower the unemployment number, praising President-elect Obama's efforts. "The only way to do it is to make up for the huge gap in aggregate demand that has been created by consumers who understandably are pulling back from the market," Reich said in a conference call. "Consumers are pulling way back; investors are pulling back because, why invest if consumers are pulling back; exports can't possibly...( read more ) (link)