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Economy: Stock Market / A Discussion #1000063

CNN Evening News for Thursday, Aug 18, 2011
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(Studio: Anderson Cooper) A brutal day on Wall Street after bad news about Morgan Stanley's forecast noted. Live discussion held with CNN's Ali Velshi, former Labor Secretary/University of California at Berkeley Robert Reich and "Wall Street Journal"'s Stephen Moore about the market the economy. [VELSHI - comments on the Morgan Stanley warning about a close recession; agrees demand is the solution.] [REICH - says we need more spending to get people back to work and the economy moving via stimulus or more active government; reiterates right now we want government with an active jobs plan.] [MOORE - says President Obama has been off-tone this week and there is not leadership around the world; gives the conservative point of view; suggests there will be slow growth.]
Reporter(s):
Cooper, Anderson
Duration:
00:07:20

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