Transcripts for CNN Your Money 20130817 18:04:00 : vimarsana

CNN Your Money August 17, 2013 18:04:00

not an engineering problem. that's what's most frustrating, christine, it's not an engineering problem, it's a political problem that has to do with incredible polarization in washington. >> so it's a washington problem. do you think the economy would be doing better if washington had its act together a little more. part-time jobs, low-wage jobs, temporary service sector jobs. one economist described this to me as a bartender economy. is that what a recovery is supposed to look like, and can we keep a middle class strong and america the driver for the world if these are the kinds of jobs we're creating? >> no, that's not how the recovery should look like, and we are capable of so much more. and it's not just about the here and now, it's also about the fact that most americans feel for the first time that their kids' generation will be worse off than theirs. so two things that need to happen. one is at the macro level, washington needs to act on the three problems we have:

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