Photo: #Federal Reserve Board Chairman Ben Bernanke pauses during a hearing before the House Budget Committee January 17, 2008 on Capitol Hill in Washington, DC. Bernanke was on the Hill to give his views on the outlook of U.S. economy and he said the economy has been growing slow.
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Federal Reserve Board Chairman Ben Bernanke pauses during a hearing before the House Budget Committee January 17, 2008 on Capitol Hill in Washington, DC. Bernanke was on the Hill to give his views on the outlook of U.S. economy and he said the economy has been growing slow. (Photo by Alex Wong/Getty Images)

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A pinch in the pocketbook

Broadcast: Midday, 01/18/2008, 12:00 p.m.

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The national financial picture is looking gloomy, and Minnesota's economist has already said the state is in a recession.

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  • Tom Stinson: Minnesota state economist.
  • Paul Anton: Chief economist at the Wilder Research Center.

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