In a preview of this week’s Moyers & Company, Nobel Prize-winning economist and New York Times columnist Paul Krugman talks with Bill about the bleak hopes of economic recovery for many hard-hit Americans, particularly the young and unemployed. Krugman calls the situation a “vast, unnecessary catastrophe,” but says solutions are possible, and can happen more quickly than most think.
Watch Paul Krugman discuss President Obama’s Treasury pick, Jack Lew, and why he’s okay with not being chosen himself.


