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[President OBAMA - says we will end the tax breaks to the wealthiest.]
(Studio: Anderson Cooper) Questions about whether Obama's tax breaks will help the economy noted. Live discussion held with Columbia University professor Joseph Stiglitz and "The End of Prosperity" author Stephen Moore about the president's speech and the economy. [STIGLITZ - says we still wait for the details with the bailout of the banks being the key; asks where all the bank money has gone.] [MOORE - says there is an anger from the silent majority about the economy and the cost of all the new programs being promoted by Obama.] [STIGLITZ - talks about the need for credit without the deficit growing faster; states there are alternatives to giving money to banks with nothing in return.] [MOORE - says the free enterprise system has not been given a chance in the last six months.] Other material: [OBAMA - says it is about helping people to get credit: slowly confidence will return.]
- Cooper, Anderson
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