Macroeconomic's Prakken Says Housing Is Drag on Economy (Audio)
Joel Prakken, chairman of Macroeconomic Advisers LLC, discusses his latest report on President Obama's proposals to create jobs, and on the counter proposals offered by Republicans. He says, "Housing is the single biggest factor in the economy right now." Prakken speaks with Bloomberg's Sara Eisen and Michael McKee on "Bloomberg On the Economy" on Bloomberg Radio. Bloomberg's Vonnie Quinn joins in on the discussion.
Running time 27:23
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