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Charlie Rose sits down with Peter Orszag
In this video clip, Peter Orszag, the Director of the Office of Management and Budget, is in the spotlight on the US budget and other pertinent issues. Click here or on the image below to view the video. (As there is no direct link to the clip, you need to click on “Archive” on the Charlie Rose site, and then scroll down to the Peter Orszag video of November 3.)
Click here for a transcript of the interview. Source: Charlie Rose, November 3, 2009.  1 comment to Charlie Rose sits down with Peter OrszagLeave a Reply |
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By Prieur du Plessis, on November 5th, 2009 posted in: 
Email
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Prier – glad you’ve posted this. It’s a two-parter btw and and an outstanding interview. The two key things to REALLY pay attention to are Orzag’s discussion of the stimulus package construction (what works, why and the combination of phasings) and financial reform. On that topic equally critical, and I do mean critical, is the parallel Geithner interview from the same time period, particularly his discussion of bank nationalization.
These are critical because a lot of critics a) are governed by ideological shibboleths and let it distort their thinking instead of analyzing the problem and b) almost all of them have no grasp of the policy-making, political or implementation processes that constrain things. Any truly informed investor needs to know how things truly work. For example Geithner’s comments on nationalization completely upend Stiglitz’s simple-minded thinking on the subject.