PBS NewsHour

U.S. Faces 'Real-Time Experiment' in Economic Recovery

Clip: 05/01/2013 | 6m 41s

As Europeans protested austerity for May Day, the Federal Reserve said it will continue to stimulate the U.S. economy, but expressed concern that spending cuts are restricting growth. Robert Kuttner of The American Prospect and economist Kevin Hassett join Judy Woodruff to debate the merits of austerity abroad and in the U.S.

Aired: 05/01/13

Rating: NR

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