Dec. 2 (Bloomberg) — David Stockman, US budget director in the Reagan administration, and James Galbraith, a professor at the University of Texas, discuss the proposal by President Obama’s debt-reduction commission, the country’s tax policy and the Treasury market. They talk with Peter Coy, Matt Miller and Carol Massar on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Tag: audio
Stockman Describes Obama Budget Plan as a `Cop Out’
Feb. 14 (Bloomberg) — David Stockman, who served as budget director in the Reagan administration, talks about President Barack Obama’s $3.7 trillion budget proposal. The spending plan projects the federal deficit will exceed $1 trillion for the fourth consecutive year in 2012 before falling to more “sustainable” levels by the middle of the decade. Stockman speaks with Matt Miller and Carol Massar on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Rosen Says a Stronger Yuan Will Help China Manage Growth: Video
April 13 (Bloomberg) — Daniel Rosen, principal of the Rhodium Group in New York, talks with Bloomberg’s Susan Li about US calls for China to allow its currency to appreciate and the impact a stronger yuan would have on the mainland’s economy. US President Barack Obama met yesterday with Chinese President Hu Jintao and reaffirmed his view that it is “important” for China to move toward a “more market-oriented exchange rate,” a White House aide said. Rosen, speaking from New York, also talked about the international gathering aimed at containing the spread of nuclear material. (Source: Bloomberg)
Goolsbee Says Financial Overhaul Bill Forbids Bailouts: Video
April 14 (Bloomberg) — Austan Goolsbee, a senior White House economic adviser, talks with Bloomberg’s Lori Rothman and Julie Hyman about today’s meeting between President Barack Obama and House and Senate leaders. Obama said congressional leaders must finish work on revamping US financial-market rules, including oversight for the $605 trillion over-the-counter derivatives market. Republican Leader Mitch McConnell, who was at the White House meeting, has characterized the proposal as a guaranteed bailout for failing banks. (Source: Bloomberg)
White House’s Summers Discusses US Economic Recovery: Video
July 21 (Bloomberg) — White House economic adviser Lawrence Summers talks with Bloomberg’s Julianna Goldman about the outlook for the US economy. (This is an excerpt of the full interview. Source: Bloomberg)