Clinton Economist: Recovery Will Be Slow

Laura Tyson, former Chair of the Council of Economic Advisers during the Clinton administration, spoke with our own James Fallows at the Aspen Ideas Festival. She predicts a period of "relatively slow growth" as we emerge from the recession, and she predicts growth coming from the emerging markets. That sounds rather familiar, doesn't it?

Tyson's prediction largely mirrors the most recent analysis from the IMF, which provides this graph to illustrate how the recession is hurting advanced countries more than emerging markets.

You can listen to the whole interview here.

This article available online at:

http://www.theatlantic.com/business/archive/2009/07/clinton-economist-recovery-will-be-slow/21456/