The Business: Why Obama's economists are deserting him
The chief architect of President Barack Obama's economic policy, Larry
Summers, announced last week that he'd be leaving the administration
at the end of this year, just two years after he quit Harvard to take
on the job. After the departures of the president's budget director,
Peter Orszag, and his chief economic forecaster, Christina Romer, is
this an administration in crisis?
US voters are expressing their deep dissatisfaction with Obama's
handling of the economy. Robert Johnson, Executive Director of the Institute for New Economic Thinking, tells us what's really happening.
And what's the future of the Great British Corporation? After a grim few years for the likes of BP and Cadbury, isn't it time we found other models for our businesses?
Andrew Simms is the author of Eminent Corporations - the Rise and Fall of the great British Corporation. He joins Phillip Inman and Aditya Chakrabortty in the studio.
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