'Fair Game': Robert Reich

Faith talks to Robert Reich, former Secretary of Labor about the state of our economy, corporate bailouts and NAFTA.

Home prices, consumer confidence, the mac and cheese index. There are a confluence of unhappy trends that has many market-watchers confidently pronouncing the word "recession" and some even whispering the dreaded D-word - "depression." Former Secretary of Labor and current UC Berkeley professor Robert Reich has been watching it all unfold, and he speaks with Faith Salie on "Fair Game."

Reich says there are two "accelerators" the our governement can use to get the economy going when it's slowing down. One is monetary policy, where the Fed lowers interest rates, which they have done. The other is fiscal policy, where Congress and the President are spending more, cutting taxes, and giving tax rebates.

He also talks to Faith about corporate bailouts, and NAFTA.

"Fair Game" is a satirical news and entertainment, weekday evening program. Hosted by Faith Salie, possibly the only Rhodes Scholar who performs comedy intentionally, "Fair Game" covers the important stories of the day and features newsmaker and celebrity interviews, live music and regular appearances by the country's best comedians.

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