Wall Street stocks suffered the fourth largest loss in history Monday following the announcement that the U.S. has been in a recession for a year. In our first half hour, we talk with economists about what the announcement means and how long the recession is likely to last. In the second half hour, we turn to a new study by the National Institutes of Health and San Francisco-based Common Sense Media that finds strong correlations between high levels of childhood media consumption and increased obesity, smoking and sexual behavior.
California and the Recession / Couch Potato Kids
Guests:
Robert Reich, professor of public policy at UC Berkeley's Goldman School of Public Policy and author of "Supercapitalism" (first half hour)
Jerry Nickelsburg, economist at UCLA Anderson Forecast, Anderson School of Management (first half hour)
James Steyer, CEO and founder of Common Sense Media, a non-profit organization dedicated to improving media and entertainment on behalf of kids and families (second half hour)
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