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More on Obama from Economists Zandi and Shiller

posted by Darren Gersh, Washington Bureau Chief at 3:04 PM on 01/16/09

I interviewed Mark Zandi of Moody's Economy.com and Robert Shiller of Yale for the NBR special "A Time for Change: The Obama Agenda," which we'll broadcast on Monday. Only a portion of Zandi and Shiller's analysis of Obama's economic strategy made it into the program. These are smart guys, so I thought I'd offer you more of what they said. (You'll need Flash installed to watch these clips.)

ZANDI
He's been a leading analyst of the credit crisis and was early to warn about the risks in the subprime mortgage market. He has the rare distinction of having advised John McCain and Barack Obama. I asked Mark whether he thinks the Obama stimulus plan will actually do the some.

SHILLER
Few people have as much right to say "I told you so!" as Yale Professor of Economics Robert Shiller. He was an early critic of the housing boom. Now he has co-authored a new book along with George Akerlof: Animal Spirits: How Human Psychology Drives the Economy, and Why it Matters for Global Competition. I asked Shiller what Obama can do to restore the nation's confidence.

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