> thank you. >> congratulations on the book. you're looking at it from the long term, not just the immediate market turmoil what has your research shown about the long-run impact? >> we tend to think of recessions as temporary phenomena, housing values go Get Live News Updates Every Minute from vimarsana.com Curated from 23000 News Agencies."> > thank you. >> congratulations on the book. you're looking at it from the long term, not just the immediate market turmoil what has your research shown about the long-run impact? >> we tend to think of recessions as temporary phenomena, housing values go Get Live News Updates Every Minute from vimarsana.com Curated from 23000 News Agencies." property="og:description"> > thank you. >> congratulations on the book. you're looking at it from the long term, not just the immediate market turmoil what has your research shown about the long-run impact? >> we tend to think of recessions as temporary phenomena, housing values go Get Live News Updates Every Minute from vimarsana.com Curated from 23000 News Agencies.">

Detailed text transcripts for TV channel - MSNBC - 20110810:20:27:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20110810:20:27:00

my next guest is a man who understands the current economic crisis and says the most profound effects are yet to come. unemployment, crushing, more divorce, generations of kids graduating into a horrendous job market. joining us is don peck, author of "pinched, how the great recession has narrowed or futures and what we can do about it." welcome, don. >> thank you. >> congratulations on the book. you're looking at it from the long term, not just the immediate market turmoil what has your research shown about the long-run impact? >> we tend to think of recessions as temporary phenomena, housing values go

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