Where Are the Jobs?

In a special report for Reason.TV, Ted Balaker draws parallels between the Great Depression and today’s Great Recession, the longest and deepest on record since the 1930s. Balaker interviews UCLA economics professor Lee Ohanian, whose research along with fellow UCLA economist Harold L. Cole has shown that FDR’s anti-market policies actually prolonged the Great Depression by seven years. And what about Obama’s policies? When the unemployment rate finally does improve will he receive credit for rescuing America from the Great Recession or blame for prolonging the crisis?

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