The best way to boost the economy
The Federal Reserve cut interest rates in part to reassure investors on Wall Street. Meanwhile President Bush and Congress are trying to come up with an economic stimulus package to boost, at least temporarily, the flagging U.S. economy. Midmorning discusses whether either measures will help.
- Jim Paulsen: chief investment strategist of Wells Capital Management.
- Eileen Appelbaum: economist at Rutgers. She also directs the Center for Women and Work.