How Government Impacts the Economy

What if all of the political yammering about the economy really was just what it often seems: hot air. After participating in two CBS News Economic Town Halls over the past month, I needed a reality check on just how much the government can influence the economy.

I asked Lakshman Achuthan, the co-founder and Chief Operations Officer of ECRI (Economic Cycle Research Institute), which specializes in forecasting recessions and recoveries and Lynn Paramore, Media Fellow at the Roosevelt Institute and Founding Editor of the Roosevelt Institute's New Deal 2.0 economic blog, to join me for a special edition of Washington Unplugged devoted to this very topic: what role does government play in the US economy?

Jill Schlesinger

Jill Schlesinger, CFP® is the Emmy-nominated business analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and chief investment officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.

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