Photo: #U.S. President Barack Obama holds up a one-page mortgage application form that he proposes as he delivers remarks on the economy Feb. 1, 2012 at the James Lee Community Center in Falls Church, Virginia. Obama spoke on the mortgage principle reduction plan he had mentioned in his State of the Union address.

Aspen Ideas Festival 2012

Aspen Ideas Festival: reasons to be pessimistic about the economy


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David Rubenstein of the private equity firm the Carlyle Group and real estate and media owner Morton Zuckerman say business confidence is low, consumer confidence is low and confidence in government is low. How will this combination of negative attitudes affect the US economy? What are the latest, and most important economic indicators?

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