CSPAN Today In Washington July 15, 2011
the disaster created by the financial crisis. the recovery is far from complete. >> employment is unacceptably low. the unemployment rate remains at 9.2%. the high levels of unemployment are matched by output best is significantly lower than it ought to be. cbo estimates of potential gdp shows that the economy is 5.6% below what it could be producing. of course, the housing market, which is an important source of wealth for many families in our economy, has yet to recover from the house price bubble. all the prices or down -- although prices are down significantly -- significantly fr...