<em>Patt Morrison</em> is known for its innovative discussions of local politics and culture, as well as its presentation of the effects of national and world news on Southern California.
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Can the US economy recover without the buying power of the American worker?




going out of business
going out of business
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The Bureau of Labor Statistics is reporting that the weekly regular pay for production and non supervisory workers has been in decline for an unprecedented ten consecutive months. Yet despite those numbers, retail sales fell less than projected last month. Will Americans be able to spend their way out of the recession or will continued job losses and pay cuts stymie recovery?

Guest:

Tom Nardone, Assistant Commissioner for Current Employment Analysis at the Bureau of Labor Statistics

Sylvia Allegretto, Economist, University California, Berkeley