Aspen Ideas Festival: reasons to be pessimistic about the economy
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?
- Morton Zuckerman: Real estate investor, CEO Boston Properties, Inc. Chairman/publisher of US News and World Report and New York Daily News.
- David Rubenstein: Co-founder and co-CEO of the Carlyle Group, a private equity firm. Deputy assistant to the president for domestic policy in the Carter administration. President of the Economic Club of Washington.