It becomes funny. Rose we end with James Galbraith, his new book is called end of normal the great crisis and the future of growth. The slump that we were going through was qualitatively dip from the ones we previously experienced if my lifetime. Most of which have been caused by policy changes or shocks from the outside. Whereas this one had a large element of internal institutional collapse in the United States, mainly in the financial specter. And so it seemed to me that it was going to be much harder. This was much more like 1929, 1930 than it was like 1974 or 1982. And you couldnt tell that by looking at the statistics am you had to know something about the context. Rose Jeffrey Goldberg on the president s speech, a new movie and James Galbraith when we continue. Funding for charlie rose is provided by the following theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and ma
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