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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 ....

Man , Guest , Us , Author , Unemployment , Generations , Crisis , Kids , Job-market , Don-peck , Effects , Divorce